Uber Freight has announced plans to open a headquarters in downtown Chicago, adding onto Uber's collection of existing offices in San Francisco, Chicago, and Amsterdam. Uber cited growing opportunity in the freight industry - which is currently worth $3.8 trillion - and Chicago’s developing transportation community for its decision to build a new engineering hub there.
“We’ve built cutting-edge technology for both sides of the freight marketplace, unlocking opportunity for shippers, carriers, and their drivers so that they can focus on improving their bottom lines, growing their businesses, and keeping their eyes on the road ahead. We’ve pushed the entire industry towards transparency with features like facility ratings and real-time pricing. And this year, we brought these same values and logistics solutions abroad, expanding operations into Europe," said Uber in a statement.
In addition to developing a new Freight headquarters in historic downtown Chicago, Uber has also pledged to invest $200m into the area each year, via “headcount, real estate investment, and other expenses to support Uber’s local operations.”
Uber continued, “This expansion is a testament to Uber’s long-term commitment to transforming the way goods move with Uber Freight. Alongside Eats and Rides, Uber Freight is constantly looking towards the next frontier – working to redefine what’s possible so that we can have the biggest impact on the people that keep our economy moving. I’m humbled by and proud of the work we’ve accomplished together, and I’m excited to see what opportunities Chicago unlocks for us.”