Transplace acquisition close: Uber Freight completed its acquisition of Transplace, one of the largest managed transportation and logistics networks in the world. The transaction brings together Uber Freight’s vast network of digitally-enabled carriers with Transplace’s trusted shipper technology and operational solutions, ultimately creating one of the world’s leading logistics technology platforms to meet the rapidly evolving needs of shippers and carriers alike.
Aurora partnership: Announced a multiphase commercial self-driving pilot with Aurora to move freight in Texas and to explore integrating Uber Freight’s network with Aurora Horizon, Aurora’s trucking product suite. This partnership will provide carriers with additional tools to further maximize fleet utilization and streamline operations. Over the next couple of years, collaboration with Aurora will continue as we explore integration of Aurora’s cloud-based infrastructure, Aurora Beacon, into the Uber Freight network.
Enhanced carrier wallet experience: Uber Freight is bringing speed, control, and transparency to the carrier payment experience through a debit card solution in partnership with Marqeta and Branch. The new digital wallet features a fee-free, FDIC-insured checking account and a commercial card specifically designed for faster carrier settlements. The Uber Freight Card provides carriers with a free-to-use card to easily spend funds from Uber Freight Wallet, plus fuel rewards at select fuel partners to support drivers on their biggest expense. These features on top of fast, hassle-free payments to carriers within hours, rather than weeks, deliver a level of service to carriers that are unparalleled in the industry.
Load automation milestones: Uber Freight is focused on eliminating friction from shippers’ operations and leading the industry to achieve completely automated end-to-end freight transactions. As of today, Freight has achieved impressive load automation statistics across the board:
94% of all shipments entering the platform are fully automated
100% of loads are automatically priced without a human touch
And 92% of all loads are automatically booked in the app by carriers, without a single phone call or action by Uber Freight.
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