You are here

Uber eyes long-haul trucking business, following its acquisition of Otto

Ride-hailing firm is aiming to establish itself as a freight hauler and a technology partner for the industry; it has already started pitching its services

BT_20160929_DNUBER29_2517290.jpg
Otto plans to expand its fleet of trucks from six to about 15 and is forging partnerships with independent truckers, according to its co-founder Lior Ron.

San Francisco

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 its fleet...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes