The gears have long been set in motion for businesses to integrate electric trucks into their shipping operations. Now, the first wave of EVs are hitting the road, leading the way toward decarbonizing supply chains. In 2020, the global market for electric trucks reached $392 million, and it’s set to exceed $3.8 billion by 2030….
Category: Freight
Taking shipping logistics in a new direction
First celebrated in 1671 to commemorate the Patron Saint of Ireland, St. Patrick’s Day has become one of America’s most beloved imports. And, if you didn’t know, our HQ at the Old Post Office in Chicago has a front row seat to one of the largest St. Patrick’s Day parades in the world. Each year,…
By: Prasad Mahajan, Senior Director of Engineering at Uber Freight What is supply chain network design? Supply chain network design is a key element of a shipper’s business strategy. Network design spans the optimization, planning, execution and management of supply chain operations, and helps business stakeholders understand how much it costs and how long it…
At Uber Freight, we’re committed to providing industry-changing solutions for our customers. From one-touch booking, real-time pricing, and capacity APIs, we’ve cultivated a marketplace that makes freight easier and more accessible for shippers. Adding less-than-truckload (LTL) was the next step in scaling our suite of solutions and mitigating some of LTL’s historical challenges, like business-size…
By: Wes Breyfogle, VP of Product Management, Uber Freight The annual holiday of love is upon us, and consumers across the country are going all out to celebrate. In fact, they are expected to spend a record-breaking $25.9 billion on Valentine’s Day this year, up from $23.9 billion in 2022. Love is in the air—and…
In 2023, shippers are navigating a more favorable national freight economy. As last year wrapped with falling contract and spot rates, consumer spending and imports declined. Now more than ever, it’s important for shippers to focus on streamlining their logistics program amid volatility to maintain budgets and keep freight moving without sacrificing service. At Uber…
By: Nathan Adams, Vice President of Transportation and Procurement, Uber Freight As freight demand continues to pull back from historic highs, the market is correcting itself after unprecedented supply chain challenges. We’re still seeing a gradual loosening of capacity, lower spot rates, and increased competition among carriers for freight. Due to excess inventory, some retailers…
By: Mazen Danaf, Senior Economist, Uber Freight The US economy grew by 2.9% in the fourth quarter. What does it mean for freight? The US economy grew at a robust annual rate of 2.9% in the last quarter. However, the strength of the overall economy does not necessarily mean that trucks were busier. The last…
Human trafficking is a problem that affects 40 million people globally. It’s made its way onto the streets, into private homes, and into legitimate businesses such as restaurants, truck stops and motels. Victims need our collective help to find their way home. To help combat this heinous crime in honor of National Human Trafficking Prevention…
Originally published on Mexico Business Now By: Carlos Godinez, VP Business Development, Uber Freight, Mexico Mexico was the US’ second-largest trade partner in the first seven months of 2022, with two-way trade worth nearly $450 billion (US). Given this success, Mexico’s trade with the US reached historical records, exceeding pre-pandemic levels. With the cross-border supply chain…