19 May Uber launches Uber Freight for commercial trucking
Uber has just launched Uber Freight, a new network to help drivers find more work in the trucking industry.
The transportation network company claims their new trucking service will reduce the process of finding and booking freight that usually takes ‘several hours and multiple phone calls’. Uber Freight will match companies who need cargo shipped across the United States, entering a market primarily dominated by smaller firms.
Nearly 70% of all freight in the US moves by truck and in 2016, the trucking industry generated a record $726.4 billion in America, the highest ever yearly figure.
Small companies are said to dominate this industry, with 97.3% operating fewer than 20 trucks and nearly 91% working with six trucks or less. Or in other words, prime new-market material for Uber, who found similar success unifying the global taxi market to one service.
Uber are also serious about their plans to launch flying cars, click here to read more about that.