Uber Freight Posts First YoY Revenue Gain in Two Years

26 billion a year prior—a $47 million gain. This marks a significant milestone for the digital freight broker after prolonged contraction, though the division continues to report substantial operating losses of $25 million in Q1 2025. The company attributes growth to strengthening enterprise demand and its Managed Transportation segment, which integrates the legacy Transplace acquisition, suggesting that a hybrid brokerage-plus-TMS model resonates with large shippers seeking integrated solutions. However, the broader context reveals structural challenges.

83 billion in Q2 2022, meaning current quarterly volumes remain 27% below that high-water mark. The shift from EBITDA to operating income reporting also suggests tighter financial scrutiny. CEO Rebecca Tinucci emphasized that new enterprise customers brought $165 million in addressable spend—equivalent to all of 2025's new customer additions—signaling that growth is increasingly concentrated among large accounts rather than distributed across the customer base. For supply chain professionals, this development carries dual implications: Uber Freight's recovery reflects genuine market tightening and renewed shipper demand for integrated logistics solutions, but persistent operating losses and revenue still 27% below 2022 peaks indicate the division remains unprofitable at scale.

S. freight market.