Uber Acquires Logistics Management Software Firm Transplace For $ 2.25 Billion1 min read
Uber announced an acquisition of a firm that specializes in logistics management software to grow the lucrative and rapidly growing freight unit of Uber.
The company expects the acquisition will create a big and comprehensive logistics network for the company.
“Our expectation is that shippers will see greater efficiency and transparency and carriers will benefit from the scale to drive improved operating ratios,” said Transplace Chief Executive Frank McGuigan.
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