Transport Topics (July 23, 2021)
An episode of the Transport Topics podcast, hosted by Transport Topics, titled "Transport Topics (July 23, 2021)" was published on July 23, 2021 and runs 3 minutes.
July 23, 2021 ·3m · Transport Topics
Summary
Uber Freight announced it will acquire managed transportation provider Transplace from TPG Capital for $2.25 billion. The deal consists of up to $750 million in common stock of Uber Freight’s parent company, Uber Technologies Inc., and the rest in cash. Once the deal is finalized, Uber Freight’s brokerage will continue to operate independently from Frisco, Texas-based Transplace’s managed transportation services, according to the San Francisco-based digital freight broker. The transaction is expected to close later this year or in the first half of 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Episode Description
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