Hot Freight Opinions: Reaction to Uber Freight acquiring Transplace
$2.25 billion deal a ‘game-changer,’ according to a FreightWaves expert 4 minutes read
On Thursday,
Uber Freight announced the acquisition of Transplace for $2.25 billion, a deal the companies say will “create one of the leading logistics technology platforms, with one of the largest and most comprehensive managed transportation and logistics networks in the world.”
We asked FreightWaves experts to provide us their Hot Freight Opinions (HFOs) on the deal:
Craig Fuller, founder and CEO
This is a monster deal in the FreightTech space and makes strategic sense for Uber Freight (NYSE: UBER). Uber Freight will now have direct access to more freight than almost any other domestic surface freight provider.
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benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Tender volumes flat week-over-week at very high level
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.