Uber Freight Stock

uberfreight.comTransportationFounded: 2016

Launched in 2017 with the mission to reimagine the way goods move to help communities thrive, Uber Freight is an autonomous business division within Uber that connects shippers to carriers with capacity. Uber Freight seeks to combine technology and a broad shipper-carrier network to increase efficiency and predictability and optimize a company’s supply chain and logistics processes. Uber Freight is headquartered in San Francisco, CA.

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Enterprise Value (based on primary financings)

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Uber Freight investors also invested in these private companies

Abu Dhabi Growth Fund
Barton Technology Ventures
GCM Grosvenor
Greenbriar Equity Group

Team

Management Team

Lior Ron
Chief Executive Officer
Bill Driegert
Co-Founder & Head of Operations
Laurent Hautefeuille
Head, Business Development and Strategy & Planning

Board Members

Jill Raker
Greenbriar Equity Group
Michael Weiss
Greenbriar Equity Group

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News

Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count. The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message viewed by CNBC. They are the first layoffs since 2020, in the early weeks of Covid lockdowns.
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that it has expanded its partnership with Uber Freight to provide a real-time rating solution within e2open’s Transportation Management System (TMS) application.