FW: Uber Freight – Ebita loss widens but revenue improves
FREIGHTWAVES reports: Uber Freight posted its eighth consecutive quarter of negative earnings before interest, taxes, depreciation ...
FREIGHTWAVES reports:
Just weeks after Ford Motor Co. (NYSE: F) canceled its contract for auto-hauling services by Jack Cooper, the GM-Jack Cooper relationship is also over, at least for now, with both sides claiming it was the other company’s fault.
On Friday, the Detroit Free Press reported that GM had stopped providing Jack Cooper with cars to be transported. Late Friday, GM (NYSE: GM) released a statement that said the relationship had deteriorated to the point that no cars were being loaded and that the auto carrier ...
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