What does Transplace do?
Transplace, an Uber Freight company, powers the largest managed transportation and logistics network in the world. Our tech-enabled services and solutions platform are backed by the unrivaled combination of innovative technology and a dedicated team of domain experts, engineers and data scientists.
(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.15-Nov-2021
What is transplace in Rogers?
Transplace is the leading provider of transportation management services and logistics technology, helping manufacturers, retailers and distributors optimize supply chain operations and increase financial performance.27-Mar-2019
The Transplace Transportation Management System (TMS) is a robust, cloud-based management software system designed for all sizes of shippers that require fast execution and optimized route plans.
Who uses Transplace?
Transplace is already serving customers in this space, including: SG Morris, Valmont Industries, Pretium Packaging, Petguard, Boboli, House of Cheatham, Ohio Blow Pipe and Adam's Manufacturing. To learn more about Transplace, please visit www.transplace.com.
It currently has $10 billion in freight under management in its network. McGuigan said 30% of Transplace revenue is generated from intermodal and truck capacity (brokerage) business, and 10% comes from its customs brokerage. The company is now a top 10 brokerage in North America.13-Nov-2019
Who is the CEO of Transplace?
Frank McGuigan
2017
How do I track Uber Freight?
You can provide tracking updates through the Uber Freight app, web portal, ELD integration, or third-party data aggregators (P44, FourKites, and MacroPoint).
Transplace was founded in 2000 when six large truckload carriers combined their respective in-house logistics divisions. The founding carriers were: J.B. Hunt Transport Services, Werner Enterprises, U.S. Xpress Enterprises, the predecessor of Covenant Transportation Group, Swift Transportation Co.16-Aug-2017
Is transplace a 4pl?
Transplace is a non-asset, North American based third party logistics (3PL) provider offering manufacturers, retailers and consumer packaged goods companies the optimal blend of logistics technology and transportation management services.
Functional Area Management
How many people work at transplace?
Company Growth (employees)
Uber Freight, which launched in 2017, uses an app to connect shippers who need loads hauled with available truck drivers, operating as a middle man in a crucial part of the U.S. economy.14-Oct-2021
Does Uber own Uber Freight?
Uber Freight, a separate division of Uber, offers similar software tools to manage supply chains and shipping. Uber Freight says it has over 70,000 carriers on its network that can ship items for companies. Uber Freight booked $301 million in revenue in the first quarter of this year, up 51% year over year.22-Jul-2021
This year's list recognized 56 of the largest private companies in North Texas based on 2018 total revenue. “We are thrilled that Transplace has been recognized as one of the top private companies in North Texas,” said Frank McGuigan, CEO, Transplace.05-Dec-2019
What industry is Transplace?
transportation and logistics networks
Uber said it will maintain majority ownership in Uber Freight and will use the funds to continue to scale its logistics platform, which helps truck drivers connect with shipping companies. Uber Freight launched in 2017.02-Oct-2020
How many carriers does Uber Freight have?
That's why from its first mile Uber Freight has allocated so much time, personnel, and resources to building its network of trusted carriers. Today, with more than 50,000 carriers and hundreds of thousands of drivers, Uber Freight boasts the largest digitally activated carrier network. And that's just the beginning.18-Dec-2019
( UBER) is a leader in transportation and delivery and one of the largest companies in the world.
Who is Uber Freight?
What is Uber Freight? Launched in 2017, Uber Freight offers data tools to carriers and shippers. Its app matches truck drivers with cargo that needs shipping. It also claims to help shippers tender loads faster and says it can tender loads from start to finish.02-Oct-2019
What does Transplace do?