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sennder uber freight

“This collaboration with Sennder allows us to further extend our reach in Europe while doubling down on our Uber Freight business in North America, and to jointly push the digital freight industry forward,” said Lior Ron, head of Uber Freight. Uber Technologies Inc. has agreed to sell its European freight business in an all-stock transaction to Berlin-based logistics startup Sennder. sennder is backed by Accel, Lakestar, HV Holtzbrinck, ProjectA, Next47, Scania Growth Capital and Perpetual. German freight startup sennder said on Wednesday it had acquired Uber's European freight business in an all-stock deal that will see the U.S. ride hailing company become a minority shareholder. Bernie Sanders Invites Jeff Bezos to Hearing on Income Inequ... Biden and Indo-Pacific Leaders Discussed Hacks, Chips Shorta... 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Uber Freight is a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. By merging, we can provide our carriers with loads that are better suited and a wider customer base and, similarly, we can provide a better supply to our shippers. Have a confidential tip for our reporters? The two companies have joined forces to further revolutionize the … David Nothacker, CEO and Co-Founder of sennder, said: “We are immensely proud to have created the leading digital road freight forwarder in Europe, moving more than 50,000 loads every month across 31 countries. data privacy policy. Uber Technologies Inc. has agreed to sell its European freight business in an all-stock transaction to Berlin-based logistics startup Sennder. Through this agreement, Uber Freight will offer its customers substantially extended reach in Europe.Acceleration of growth. The deal is set to expand sennder's presence in Amsterdam, where Uber Freight has a team. Further information can be found in our Uber will acquire a minority stake in sennder as part of this deal, and its European freight business will continue […] Additionally, sennder joined forces with industry champions Scania and Siemens to assure innovation and state of the art offerings.For further information, please visit us on our website and LinkedIn. 2 2,339 4 minutes read. Uber Freight’s European general manager, Tom Christenson, will be appointed Sennder's COO and Daniel Warner, currently head of shipper operations at Uber Freight, will support the Sennder team as senior vice president commercial. By Thomas Cullen. Focused on modernizing the European freight market, an industry now valued at nearly €400bn, the company is very optimistic about its growth outlook for the foreseeable future. Uber will continue to grow and invest in its Uber Freight business across the US and Canada, while Uber Freight will collaborate with sennder as leading digital logistics providers in North America and Europe. Uber's European freight business will continue operating under the sennder brand, sennder said. 16 September 2020; Transport / Logistics Services; European digital freight forwarder sennder has acquired Uber Freight, Uber’s European freight business, in an all-stock deal. New commercial partnership to develop solutions for European and North American markets. We use cookies on our website. Through its proprietary technology sennder connects large enterprise companies with small trucking firms. In June, sennder acquired Everoad, its French rival, reaching six locations and 350 employees. Uber’s European freight team in Amsterdam will join Sennder once the deal has closed, and Sennder said it will establish a new office in the city. The Uber Freight team, which is headquartered in Amsterdam, will transfer to Sennder once the transaction has closed. Uber Freight’s European General Manager, Tom Christenson, will join sennder as Chief Operating Officer and Daniel Warner, currently Head of Shipper Operations, will join as Senior Vice President Commercial. Germany Other offices. 10785 Berlin He heads up Sennder, a digital freight forwarder that connects different parts of the logistics process, from shippers to carriers, and the startup has been greatly expanding its reach this year. The changes in logistics driven by digital technology have had the highest profile in areas such as warehousing, where automation but also scheduling, driven by real time data flow has resulted in … Uber Freight’s parent company, the ride-hailing pioneer Uber Technologies Inc., still holds a minority stake. The deal values the unit at less that 900 million euros ($1.1 billion), a person familiar with the situation said, asking not the be identified as the details are private. The two companies have joined forces to further revolutionize the digital freight industry across Europe, the US and Canada. Today, the business counts nearly 60,000 carriers in its network and thousands of shippers as customers, from small businesses to Fortune 500 companies, including AB Inbev, Nestle, LG, Land O’Lakes and many more. sennder acquires Uber’s European freight business Acquisition strengthens sennder’s position as Europe’s leading digital logistics business. All rights reserved © 2021 sennder sennder buys Uber’s European freight business September 16, 2020 sennder acquires Uber in a new commercial partnership to jointly develop logistics solutions for European and North American markets. (Photo: sennder) Uber ( NYSE: UBER) announced Wednesday morning that it had agreed to sell the European division of its Freight business to sennder, the Berlin-based digital freight brokerage. You can call up these settings and subsequently deselect cookies at any time. September 17, 2020. This digital solution reduces inefficiencies in the shipping process: lowering costs for shippers, increasing revenues for carriers and reducing industry emissions. Following the closing of the transaction, sennder will have offices in 7 countries, with a team of over 500 people moving 50,000 loads across Europe a month. The partnership includes a program in which Sennder will refer customers seeking services in North America to Uber Freight and vice versa. 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