May 17, 2020

Hapag-Lloyd set to add 13,420 refrigerated containers to its fleet during 2019

Supply Chain
Sean Galea-Pace
1 min
The Germany-based transportation company, Hapag-Lloyd, is set to add 13,420 new refrigerated containers to its fleet during 2019, according to Supply Ch...

The Germany-based transportation company, Hapag-Lloyd, is set to add 13,420 new refrigerated containers to its fleet during 2019, according to Supply Chain Dive.

In a press release, it was revealed that the carrier’s total reefer count to more than 100,000 with a capacity of 210,000 TEUs.

With the new containers beginning their journey carrying mostly fruits and vegetables like blueberries, cherries and avocados from South America, the fleet’s expansion will mark the launch of the carrier’s IoT-based container tracking initiative – Hapag-Lloyd LIVE. According to the press release, customers are set to gain access through “real-time GPS positioning, information on the temperature inside the container, and systems for notifications and alarm management.”

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In addition, some of the next-gen reefers will come equipped with Controlled Atmosphere technology, which monitors and adjusts the gasses in the air to slow down the ripening process.

As of 2018, the carrier’s total capacity reached 618,000 TEU and it becomes a record for the company. It is anticipated that the containers will be used for the transportation of temperature sensitive items like pharmaceuticals and blood plasma.

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Jul 22, 2021

Uber Freight to Acquire Transplace in $2.2bn Deal

UberFreight
Logistics
supplychain
Acquisition
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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