Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 22 2019

Uber Eyes Expanding Its Trucking Business to Europe

Uber Freight connects truck drivers with freight deliveries.

Uber Eyes Expanding Its Trucking Business to Europe

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."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Pathological Labs
         With a vision to “Transform genetics for Billions”..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Ice Creams & Yogurt Parlors
      The Paan Studio was conceptualized to introduce the taste and..
    Locations looking for expansion Karnataka
    Establishment year 2021
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Banglore Karnataka
  • Department & Convenience Stores
    Turnip Superstore is a Brand of Hyper Local Nouveau Express..
    Locations looking for expansion DELHI
    Establishment year 2009
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI DELHI
  • Bakery & Confectionary
    Established in 1950 by Shri Dholandas Thadani, Mr. Puff, originally..
    Locations looking for expansion Haryana
    Establishment year 1950
    Franchising Launch Date 2021
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities