Is Transplace a private company?
This year's list recognized 56 of the largest private companies in North Texas based on 2018 total revenue. “We are thrilled that Transplace has been recognized as one of the top private companies in North Texas,” said Frank McGuigan, CEO, Transplace.05-Dec-2019
Uber Freight
How many people work at Transplace?
Company Growth (employees)
Uber Freight, based in San Francisco, acquired Dallas-based Transplace last July for $2.25 billion. The transaction created one of the industry's biggest logistics technology platforms with a sizable managed transportation and logistics network.15-Apr-2022
Who is the CEO of Transplace?
Frank McGuigan
2017
Does Uber still own Uber Freight?
Transplace. Transplace is a trucking logistics company. Uber acquired it in 2021 for about $2 billion. Uber, headquartered in San Francisco, placed Transplace underneath another Uber subsidiary called Freight.10-Jun-2022
Transplace Holdings Inc. provides transportation management services. It offers logistics management services for the automotive, chemical, consumer packaged goods, electronics and technology, energy, manufacturing, oil and gas, and retail industries. The company is headquartered in Frisco, TX.
What industry is transplace?
transportation and logistics networks
The combination of trusted services and technology solutions will reduce friction across the supply chain and enable a new era of logistics management.15-Nov-2021
How many carriers does Uber Freight have?
Thanks to the surge in operators, Uber now has more than 75,000 carriers on its platform, and 100,000 truckers have access to its loads in real time. Revenues climbed 27% year on year in Q4 to $396m, not counting Transplace turnover.24-Feb-2022
Maersk Buys Asian Warehouse Giant LF Logistics for $3.6 Billion - WSJ. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.22-Dec-2021
Who founded transplace?
Transplace was founded in 2000 when six large truckload carriers combined their respective in-house logistics divisions. The founding carriers were: J.B. Hunt Transport Services, Werner Enterprises, U.S. Xpress Enterprises, the predecessor of Covenant Transportation Group, Swift Transportation Co.16-Aug-2017
Lior Ron
Is Uber Freight profitable?
Uber Freight, which acts as a middle man connecting truckers with shippers, last year bought logistics company Transplace for $2.25 billion. That acquisition boosted Uber Freight's revenue in the first quarter to around $1.8 billion, and reached profitability on an adjusted EBITDA basis for the first time.09-May-2022
Top 10 Uber Freight Alternatives and How To Compete With Them
Does Uber Freight do Intermodal?
Carriers will have the ability to collaborate directly with shippers within a seamless marketplace as well as access high quality freight across multiple expanded service lines, including intermodal, cross border and Less-Than-Truckload.22-Jul-2021
Top 10 Owners of Uber Technologies Inc
Is Tesla partnered with Uber?
Shortly after, Hertz announced that on top of adding Tesla vehicles to its rental fleet, the company also made a deal with Uber to offer its drivers access to the Tesla vehicles. 50,000 Tesla vehicles will be offered for rent to Uber drivers, and the company has an option for more if the program is successful.28-Jun-2022
Uber continues to climb its way out of the pandemic with revenue jumping 83% and its delivery unit reaching adjusted EBITDA profitability for the fourth quarter of 2021.09-Feb-2022
How much is transplace worth?
about $2.25 billion
Is Transplace a private company?