FW: Family behind Jack Cooper quietly acquires LTL carrier through separate entity
FREIGHTWAVES reports: Sakaem Logistics, an entity with ties to the same family that owns Teamsters-staffed car ...
FREIGHTWAVES reports:
Uber Freight posted its eighth consecutive quarter of negative earnings before interest, taxes, depreciation and amortization, and its third-largest since the digital brokerage’s fourth-quarter 2021 integration with shipper-focused transportation management system Transplace.
EBITDA at Uber Freight (parent company is NYSE: UBER) was negative $19 million for the third quarter. Since the closing of the Transplace deal and its integration into one company, only twice has Uber Freight posted a larger negative EBITDA: negative $21 million in the first quarter of this year and negative ...
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