Uber Technologies is planning to apply to the trucking sector the logistics knowledge it has gained from transporting the general public. Last November it hired the team behind transportation brokerage 4Front Logistics to help it enter the trucking sector. Additionally, last August Uber acquired Otto, a self-driving truck start-up, for $680m, although the deal is in the middle of a legal battle with Alphabet's Waymo. The company also recently announced plans to expand its ride-hailing service into other parts of the world, including India.
Uber Technologies is planning to apply to the trucking sector the logistics knowledge it has gained from transporting the general public. Last November it hired the team behind transportation brokerage 4Front Logistics to help it enter the trucking sector. Additionally, last August Uber acquired Otto, a self-driving truck start-up, for $680m, although the deal is in the middle of a legal battle with Alphabet's Waymo. Uber has also recently bought a fleet of its own trucks to test its technology, pitched its services to independent truck owners and trucking associations, and is working on other technologies, such as mapping and tracking.