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ssclafani

Re:Uber Freight on Tuesday December 27, 2016 @02:20AM (#13261766)
Yes. Uber Freight is basically a freight brokerage that's being operated at break-even levels:

> UberFreight, which would not control the trucks it relies upon to move customers' freight, is building in only a 5-percent average margin for its net revenue per transaction, according to another person familiar with the matter. On average, net revenue, defined as the revenue a broker generates after its cost of purchased transportation, is around three times that for established brokers. UberFreight's other costs would then be subtracted from its net revenue threshold, leaving the brokerage business either to operate at break-even levels or be a loss leader for the San Francisco-based parent.

Source: http://www.dcvelocity.com/articles/20161212--uberfreight-ste...

Re:Uber Freight on Tuesday December 27, 2016 @01:53AM (#13261694)
> The way most shipping works for most companies today is by going through a brokerage firm, which makes calls to trucking companies and arranges the best deals for its customers. The broker takes a commission of between 15 and 20%. To start, the Uber Freight marketplace will eliminate that middleman and offer shippers real-time pricing of what it will cost to move their goods based on supply and demand.

Source: http://www.businessinsider.com/uber-to-launch-uberfreight-fo...

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