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.

For details, click here.

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
0 0 votes
Article Rating
You might also like
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
0
Would love your thoughts, please comment.x
()
x