Uber Freight Bolsters Drop-and-Hook Solution Nationwide
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Uber Freight has scaled up its drop-and-hook capacity solution nationally with new freight network optimization capabilities, the company announced March 21.
Powerloop is a drop-and-hook service that is designed to be flexible for shippers while also offering carriers enhanced efficiency and earnings potential. The service has seen more than 10,000 carriers and serviced more than 220,000 loads since it launched in 2018. It also experienced a 30% increase in load volume last year, according to the company.
“We’ve transformed Powerloop into the drop-and-hook solution that I envisioned during my time as a shipper,” said Alyssa Correale, vice president of operations at Uber Freight. “The escalating demand for our program is a testament to its efficacy. With a nationwide carrier base of 95,000 and significant enhancements, we’re reaffirming our commitment to innovation and excellence in the transportation industry, positioning ourselves to meet the burgeoning demand and drive continued acceleration.”
Powerloop now includes several new capacity solutions like expanded dedicated fleet offering, AI-powered bundling capabilities and telematics-enhanced smart trailers. Powerloop trailers are equipped with GPS, cargo sensors, door sensors and all-day monitoring cameras, providing real-time visibility into trailer location and capacity. Powerloop can provide alerts against cargo theft. It was designed to increase the ability to reduce deadhead miles with AI.
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