Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 22 2019

Uber Eyes Expanding Its Trucking Business to Europe

Uber Freight connects truck drivers with freight deliveries.

Uber Freight, the newly spun out Uber Technologies Inc’s business unit, will start operations in the Netherlands, marking the unit’s first international expansion. Uber Freight connects truck drivers with freight deliveries.

Uber Freight will likely be positioned as a key growth opportunity, alongside food delivery, electric bikes and autonomous cars. This business has already grown across the US.

Bill Driegert, Head of Operations for Uber Freight, said, "I can’t speak to the size of it, but we’re national in the US now. We have density across all of the lower 48."

Uber’s international trucking business will be based in the Netherlands, while the company will be able to facilitate deliveries in and out of the country. Uber is eventually planning to expand its operations outside of the Netherlands.

Lior Ron, CEO of Uber Freight, stated, "The European trucking market is experiencing a severe shortage of drivers, and of the time drivers are on the road, 21 percent of total kilometers travelled are empty. The inefficiency of this scale results in shippers struggling to find available drivers to move their goods. Additionally, small- to medium-sized carriers in the EU make up more than 85% of the total carrier pool, and just like in other international freight markets, they experience the most difficulty connecting with larger shippers. So, the Uber Freight app has the ability to address these pain points in the U.S., Europe and elsewhere."

Comment
image
Related opportunities
  • About Us: Unique Brew Café – India’s fastest growing cafe brings a..
    Locations looking for expansion GUJARAT
    Establishment year 2011
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NAVSARI GUJARAT
  • Ice creams & Yogurt Parlors
    Want to enhance the joy of eating by creating a..
    Locations looking for expansion Delhi
    Establishment year 2005
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets 20-50
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Juclear's prime focus is serving affordable fresh fruit juices..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Cosmetics & Beauty Product Stores
    Gulnare Skincare offers skin care solutions for the socially conscious...
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 270
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities