May 17, 2020

Geodis prepares 13,000 equipment kits for Euro 2016 referees and volunteers

Euro 2016
Nye Longman
1 min
Geodis prepares 13,000 equipment kits for Euro 2016 referees and volunteers
Global logistics and supply chain operator Geodis kicked off Euro 2016 early with the delivery of 13,000 individual bags, 450 part numbers and 120 tonne...

Global logistics and supply chain operator Geodis kicked off Euro 2016 early with the delivery of 13,000 individual bags, 450 part numbers and 120 tonnes of goods to ten stadiums.

Geodis staff rose to the challenge by preparing and delivering the equipment kits for the referees and volunteers taking part in Euro 2016, which starts today (June 10)

To complete the task Geodis deployed a team of ten dedicated drivers, approved by UEFA, who will travel up and down France throughout Euro 2016.

Geodis was also responsible for shipping Super Victor, the competition mascot standing 1.90m tall and weighing 70 kilograms, which has been installed at the head office of the French Football Federation. It also transported the machine used for the official draw.

Since March 29, Geodis staff has taken delivery of 750 pallets of equipment from the official competition sponsor at a dedicated warehouse in the Paris region.  At the same time the team responsible for the preparation of the bags was also set up.

To commemorate their participation in Euro 2016, all the referees and the 6,500 volunteers will receive a sports bag with a complete outfit corresponding to their size, gender and shoe size. 

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Jul 22, 2021

Uber Freight to Acquire Transplace in $2.2bn Deal

2 min
Uber Freight’s acquisition of Transplace will supercharge parent Uber’s move into logistics and supply chain

Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn. 

The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions. 

“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.

Uber’s Big Play for Supply Chain

Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services. 

The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.

Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding. 

Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services. 

“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron. 

Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added. 

History of Uber Freight

Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany. 

The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.

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