Independent journal on economy and transport policy
16:58 GMT+1
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Uber Freight will buy the Transplace logistics and transport platform
The transaction will be worth approximately $2.25 billion
July 22, 2021
«It is - underlined the head of Uber Freight, Lior Ron, commenting on the acquisition - of a significant step forward, not only for Uber Freight, but for the entire ecosystem logistic. This is an opportunity to bring together solutions complementary technological and operational excellence of two companies in order to create a leading shipper-to-carrier platform of the industry that will transform the entire supply chain of shippers, delivering operational resilience and reducing costs at a time when to whom this is what matters".
«The acquisition - added the CEO of Transplace, Frank McGuigan - will combine the network platform of the world's most important freight forwarders with one of the the industry's most innovative supply platforms, to the advantage of all interested parties. We expect shippers will find greater efficiency and transparency and that carriers will benefit from the scale to achieve a growth of the operational performance. Overall, we expect to reduce greatly empty miles for the benefit of shippers and vectors as well as road and motorway infrastructure and the environment'.
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«It is - underlined the head of Uber Freight, Lior Ron, commenting on the acquisition - of a significant step forward, not only for Uber Freight, but for the entire ecosystem logistic. This is an opportunity to bring together solutions complementary technological and operational excellence of two companies in order to create a leading shipper-to-carrier platform of the industry that will transform the entire supply chain of shippers, delivering operational resilience and reducing costs at a time when to whom this is what matters".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
