Exclusive - Uber to move freight, target trucking for the long haul

Exclusive - Uber to move freight, target trucking for the long haul
 

With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry.
Otto plans to expand its fleet of trucks from six to about 15 and is forging partnerships with independent truckers, Otto co-founder Lior Ron told Reuters in an interview. Starting next year, Otto-branded trucks and others equipped with Otto technology will begin hauling freight bound for warehouses and stores, he said.
Uber has already started pitching... read more

 
28 September 2016 in Business, Views: 35
Source: Reuters
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