Uber's trucking division has hemorrhaged hundreds of millions of dollars. Here's why the tech giant is betting another $200 million on freight and opening a dedicated Uber Freight HQ.

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Uber's trucking division has hemorrhaged hundreds of millions of dollars. Here's why the tech giant is betting another $200 million on freight and opening a dedicated Uber Freight HQ.
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Uber is serious about its trucking business — even though it's just as unprofitable as the rest of the company.

Uber is betting $200 million on its trucking division. Uber Freight, which is a freight-brokerage technology for truck drivers and shippers, is establishing a new headquarters in the Old Main Post Office in Chicago. Uber will hire 2,000 new employees in that location. It shows that Visit Business Insider's homepage for more stories. Uber is betting big on the world's $3.8 trillion trucking industry.

Uber is betting $200 million on its trucking division. Uber Freight, which is a freight-brokerage technology for truck drivers and shippers, is establishing a new headquarters in the Old Main Post Office in Chicago. Uber will hire 2,000 new employees in that location. It shows that Visit Business Insider's homepage for more stories. Uber is betting big on the world's $3.8 trillion trucking industry.

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