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Why Uber Freight Paid $2.25B for Logistics Management Software Platform

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Uber is boosting its logistics and transportation division in a big way by bringing in a software platform dedicated to improving supply chain performance and facilitating shipment movement of trucks, trains and other modes of transport. Uber Freight, which connects truck drivers with shippers that need cargo delivered, is acquiring Transplace for approximately $2.25 billion…

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