Uber Enters Trucking Via Otto Acquisition, Co.’s Announce Plans For Freight Matching System

Uber enters trucking via Otto acquisition, co.’s announce plans for freight matching system

"Trucking tech startup Otto announced Aug. 18 it has been acquired by ride-sharing tech giant Uber. The two companies say they have plans for not only deploying an autonomous retrofit system on tractor-trailers, but also for bringing Uber-type technology to trucking to create a nationwide load-truck matching platform."

I think millions of refugees and illegals getting imported/legalized - pose a more immediate threat the to average trucker, than autonomous trucks.

There are a number of related articles that came out in various different trade rags today (not only trucking-related).

Uber is looking to have a fleet of driver-less CARS - so they can cut THE DRIVER out of the equation.

Some of this technology would be good for us ON THE HIGHWAY - but once you hit the EXIT RAMP, it's gonna be a human that has to get it to bump the dock.

Rick

I think millions of refugees and illegals getting imported/legalized - pose a more immediate threat the to average trucker, than autonomous trucks.

Disclaimer: My original post was not ment to start the dreaded autonomous vehicle debate again. I think that has been run in to the ground already in previous threads on the forum.

I know we have talked about Otto in the forum before and found it interesting that they were bought out by Uber who is slowly making their way in to the trucking industry. I was more interested in the freight matching side of the story. I wanted to share the info in case others were interested.

Please do not turn this in to another autonomous debate!

My apologies!

I think millions of refugees and illegals getting imported/legalized - pose a more immediate threat the to average trucker, than autonomous trucks.

Disclaimer: My original post was not ment to start the dreaded autonomous vehicle debate again. I think that has been run in to the ground already in previous threads on the forum.

I know we have talked about Otto in the forum before and found it interesting that they were bought out by Uber who is slowly making their way in to the trucking industry. I was more interested in the freight matching side of the story. I wanted to share the info in case others were interested.

Please do not turn this in to another autonomous debate!

My apologies!

That freight matching part would be interesting to see.

And thank you for the disclaimer!

I had no idea that Uber was even big enough to buy a company...wow, they grew fast....

I had no idea that Uber was even big enough to buy a company...wow, they grew fast....

Uber values itself at more than $68 billion, making it more valuable than companies such as General Motors Company, Ford Motor Company, and Honda Motor Co.

According to Business Insider Uber’s revenue was between $1.5 billion and $2 billion in 2015.

Wow, all of that...from ride sharing. Just goes to show you, come up with even the simplest of ideas, and if people need it, you can make it big.