Uber Technologies Inc. is creating a standalone business out of its long-haul trucking business, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering. Uber said on Tuesday its separate freight …
Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars. Through its acquisition of Otto in 2016, Uber had sought to …
Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry. The San Francisco ride-services …
With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry. Otto plans to expand …
