Lior Ron is joining the Toronto-based company as it prepares to begin operating fully autonomous U.S. trucking runs later ...

However, the last two quarters have shown significant improvement in its negative EBITDA numbers. Uber Freight’s EBITDA in ...

The unprofitable unit doesn’t fit the company’s model and has little to no synergies with its main ride-hailing and delivery ...

Uber Freight has appointed Rebecca Tinucci as chief executive officer, succeeding founder Lior Ron, who will move into the ...

Uber Technologies Inc. (NYSE:UBER) is one of the best high-volume stocks to invest in. On August 12, Uber Freight announced ...

Uber Freight appoints Rebecca Tinucci as CEO, succeeding Lior Ron. The post Rebecca Tinucci named CEO of Uber Freight ...

Uber Freight CEO Lior Ron is joining autonomous trucking startup Waabi as COO and says the era of self-driving big rigs across U.S. roads is near.

Lior Ron, the entrepreneur who founded and ran Uber Technologies Inc.’s freight and logistics unit, is returning to the world of self-driving big rigs.

Launched in 2017, freight was only doing $400 million in quarterly gross bookings for Uber just before its $2.25 billion acquisition of managed transportation company Transplace in late 2021.

It’s unclear what the Uber Freight project will actually grow to be. According to The Verge, Uber will likely have a fleet of its own trucks that would be used for cargo hauling.

Meanwhile, Uber Freight has been making its own moves. The logistics business, which spun out of Uber in 2018, acquired Transplace for about $2.25 billion from private equity group TPG Capital ...

Convoy rival Uber Freight raises $500M, valuing trucking logistics business at $3.3B by Taylor Soper on October 2, 2020October 2, 2020 at 10:35 am ...