Earlier today, San Francisco-based Uber Freight, a subsidiary of the ubiquitous ride-sharing service Uber, whose own app matches trucking companies with transported loads, and a non-asset-based third-party logistics provider, issued an update On the strong growth it is experiencing in its European managed transportation business.
The company said that this business unit now has more than €200 million (US$218.2 million) in freight under management and is on track to achieve €2 billion (US$2.18 billion) by 2028. Furthermore, the company added that it now has Over US$18 billion of freight under management on a global basis, while also noting that its investments and momentum across the continent position it as what it called “the leader in 4PL services across Europe and laying the foundation for continued growth and expansion.”
This strong growth comes at a time when the European logistics market is expected to reach €1.17 trillion (US$1.26 trillion) by 2029, according to Mordor Intelligence data.
“As logistics becomes more globalized, it is essential for shippers to find partners who can offer a comprehensive, flexible set of services that meet their exact needs where they are and can grow with them,” said Lior Ron, founder and CEO of Uber Freight. “Our European business is accelerating because we are committed to delivering precisely that. We provide the options and expertise needed to keep pace with a rapidly evolving landscape, and as we continue to invest in the region, we plan to strengthen our role as a key logistics partner in Europe.”
There are several drivers for Uber Freight’s growth in the managed transportation business in Europe, Etienne Visser, Uber Freight’s VP of Operations in Europe, told LM.
“In the rapidly evolving global logistics landscape, achieving consistency and efficiency across supply chain operations is critical,” said Visser. “This trend toward globalization is particularly evident in Europe, where logistics operations face unique challenges driven by sustainability requirements, driver shortages, and regulatory pressures. Against this backdrop, Uber Freight is poised for significant growth in its European managed transportation business. By leveraging our affiliation with Uber and our shared commitment to technological innovation, we have developed advanced logistics solutions specifically designed for the European market. Our ability to address the region’s unique needs, including asset- and carrier-agnostic offerings, and its challenges, such as navigating diverse regulatory environments and optimizing complex transportation networks, has resonated well with European shippers.”
Visser added that Uber Freight’s focus on delivering exceptional customer service and offering flexible and scalable transportation solutions has strengthened its position as a trusted partner in the European logistics landscape. He added that through strategic partnerships and collaborations with leading European brands, Uber Freight has expanded its presence and enhanced its offerings, leading to further growth in the region.
“Looking ahead, we remain committed to continued innovation and expansion in Europe. By keeping pace with evolving market dynamics and customer needs, we are well positioned to deliver value and drive sustainable growth in the managed mobility sector in Europe,” Visser noted.
When asked about the key services Uber Freight offers its European shippers through its managed transportation business in Europe, Visser explained that its services allow shippers to outsource their entire transportation to Uber Freight, leveraging its expertise and technology to streamline operations and drive efficiency. He said Uber Freight’s strategic direction is to further develop some of the platform’s specialized components that require Europeanization before launching in Europe as well, such as Parcel/PTMS (Parcel Transportation Management Solution).
Key benefits of Uber Freight’s European managed transportation business for shippers, cited by Visser, include:
Increased efficiency, thanks to advanced technology and a data-driven approach that enables European customers to optimize their supply chain operations, reduce costs, and improve productivity; Enhanced visibility, thanks to real-time tracking and visibility of their shipments, European customers can make informed decisions and proactively address any issues that may arise; Flexible and scalable transportation solutions that can be tailored to meet the specific needs and requirements of European customers, allowing them to adapt to changing market conditions and fluctuations in demand; Strategic partnerships through which European customers gain access to a network of carriers and industry expertise, enabling them to unlock new opportunities and drive growth in their businesses; and Sustainability insights, by helping shippers meet transportation carbon footprint reporting requirements and providing insights into opportunities to reduce them.
While Uber Freight does not disclose specific numbers for the number of customers it serves, Visser said the company serves a variety of customers across industries, including multinationals and small businesses, in all countries in Europe.
“Our strategy includes operating from our Centre of Excellence in the Netherlands, which is strategically located close to our existing customer base,” he said. “In addition, future expansions will include office locations in Eastern and/or Central Europe, in line with our strategic goals to efficiently serve customers across the region. Our operations span all countries in Europe, facilitating shipments between thousands of locations. Our dedicated team consists of 26 professionals representing 11 countries and fluent in 12 languages. At Uber Freight, we prioritize diversity and linguistic proficiency to effectively serve our customers across Europe, ensuring a seamless customer experience in a multicultural and multilingual environment.
