News / Uber Freight finally rolling toward a profit with the independent trucker surge

Bill Driegert

The steep increase in owner-operators on the US trucking scene is powering Uber Freight to a double-digit increase in revenue.

And its management finally has black figures in its sights this year.

In the wake of the pandemic and rising rates, truck drivers have been turning into owner-operators in droves. According to Transplace, applications for US Department of Transportation (DOT) authority traditionally trended between 2,000 and 3,000 a month, but over the past year the number was up to 9,000-10,000.

“The owner-operator side ...