Asiana completes sale of cargo business to Air Incheon
And it has closed: Asiana’s cargo business will be part of Air Incheon on 10 ...
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By Alex Lennane
Greenbriar Equity Group, owner of Seko Logistics, has invested $500m of Series A funding into Uber Freight.
The investment values the US logistics arm of Uber at $3.3bn. Uber maintains majority ownership and will use the money to scale its logistics platform.
It will “accelerate product innovation to equip shippers with technology to power their supply chains”, it says.
Two Greenbriar managing partners will join Uber Freight’s board.
“We are tremendously proud of what we have accomplished in a few short years,” said Lior ...
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