Uber Technologies Inc. (NYSE: UBER) reported first quarter 2019 results which were $0.01 share worse than analyst expectations at a loss of $2.26 per share. Revenue of $3.1 billion was $20 million better than forecasts. Total revenue increased 20 percent year-over-year to $3.1 billion. Gross bookings increased 34 percent year-over-year to $14.6 billion. Other Bets …
Enterprise software firm SAP and load-matching app developer Uber Freight have partnered to connect their shipper and carrier networks in an effort to improve supply chain efficiency. Through Uber Freight’s integration into the SAP Logistics Business Network, shippers will be able to access freight rates and capacity from Uber’s carrier base, the technology firms said …
A driver uses the Uber Freight app to check load availability. (Aether Films) Enterprise software firm SAP and load-matching app developer Uber Freight have partnered to connect their shipper and carrier networks in an effort to improve supply-chain efficiency. Through Uber Freight’s integration into the SAP Logistics Business Network, shippers will be able to access …
Though technology has made definitive inroads over the years in the trucking industry, little has changed within the ERP software vertical, as even the largest carriers run their operations through green screen technology from the 1980s. McLeod Software is at the brink of technology disruption, helping carriers, brokers, and 3PLs to move from the archaic …
On Black Friday, Morgan Stanley released a 50-page research paper called “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype.” Morgan Stanley expects that blockchain-enabled smart contracts will be widely available for commercial use in 2018 (see: Blockchain in Transport Alliance), with more sophisticated applications coming out in 2020. Morgan Stanley believes the …
