June 28, 2017

Uber moves into freight market

Semi-trailer trucks crossing a high level bridge in British Columbia
Copyright: skylightpictures / 123RF Stock Photo

Uber has entered the freight transport market with an app called Uber Freight that matches trucking companies with loads to haul.

Vetted users download the app, search for a load, and simply tap to book it. Uber sends a rate confirmation within seconds, eliminating a common anxiety in trucking about whether or not the load is really confirmed.

On top of that, Uber says it aims to deliver prompt payments. When trucking companies get paid, they typically have to wait 30 days or longer, which can prove challenging for a small business. There are also instances where drivers are kept waiting more than 10 hours to get loaded without compensation.

Uber Freight is committed to paying within a few days, fee-free, for  […]

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