News

New shipper survey tests compatibility of clean energy and profit

December 14, 2021

Transplace is already at the forefront of clean energy initiatives, according to the company’s CEO Frank McGuigan. In 2021 alone, Transplace… Read More

12 Transportation KPIs Supply Chain Leaders Are Using More This Year

December 7, 2021

By: Russell Zuppo, VP, Strategic Account Management, Transplace Data-driven decision making is essential to stay ahead in this volatile… Read More

Short-Sea Shipping: A Viable Alternative for Navigating U.S. & Mexico Capacity Challenges

December 2, 2021

Shippers in the United States and Mexico are facing significant supply chain challenges. From trade imbalance and increased customer demands to cost pressures and tight cross-border capacity — there are no signs of improvement in the near future. With truck-to-load ratios at an astonishing 50 to 60… Read More

Navigating the Wave of Ocean Shipping Constraints

November 17, 2021

Trucking has traditionally gotten the lion’s share of attention in transportation, but the pandemic-related disruptions to global supply chains, particularly the congestion at ocean ports with dozens of ships waiting offshore to unload, is causing companies to take a new look at their ocean shipping strategies…. Read More

Uber Freight Completes Acquisition of Transplace

November 15, 2021

The combination of trusted services and technology solutions will reduce friction across the supply chain and enable a new era of logistics management. SAN FRANCISCO & FRISCO, Texas — Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE: UBER), today announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight’s vast … Read More