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Transport Topics (July 23, 2021) episode artwork

EPISODE · Jul 23, 2021 · 3 MIN

Transport Topics (July 23, 2021)

from Transport Topics · host Transport Topics

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

What this episode covers

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

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Transport Topics (July 23, 2021)

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on July 23, 2021.

What is this episode about?

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...

Can I download this Transport Topics episode?

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