Uber to Build Up Freight
The Verge reported Uber spend $200 million annually and hire thousands of employees to set up its young long-haul trucking venture, Uber Freight. The business will be located in their downtown Chicago office with 2,000 employees they are hiring over the next three years. Launched in 2017, “Uber Freight connects truck drivers with shippers, much in the same way the company’s ride-hailing app pairs drivers with those looking for a ride.”
China Export to U.S. Falling
Here’s a short segment (and written report) on CNBC on the trade war and how it impacts exports in the U.S.
Deliverr Adds $23 Million in Funding for Expansion
They are looking to use the funding to hire more engineers and other key roles as it grows their fulfillment programs for eCommerce businessess. The San Francisco-based company, part of a growing ecosystem of logistics providers for e-commerce retailers, plans to use the funding to expand its fast shipping services across major sales channels and marketplaces. It also plans to add more warehouse partners to its network and hire more staff at its operations center in Chicago. Founded in 2017, Deliverr has 50 employees in offices in the US and Canada.
Have you seen the latest piece from Simon Clarke on Forecasting?
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