Uber Ups the Ante on Uber Freight Trucking Division

With the news last week that Uber was abandoning its autonomous commercial vehicle research business (for now, anyway) a logical take-away would be that the San Francisco-based tech company has soured on trucking. In fact, it appears Uber is doubling down on trucking.According to news reports, Uber Technologies is creating a standalone business out of its long-haul trucking business, Uber Freight, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering.

Comments are closed.