© Dave Bredeson |uber_29496212
© Dave Bredeson

Taxi-seeking passengers have clearly proved receptive to the Uber model, but it has not yet exploded for trucking. In this piece by FleetOwner, the suggestion is the slower-than-expected growth rate may be down to the trucking industry as a whole remaining resistant to the model. With Uber, however, chucking its own name in the ring – through the launch of Uber Freight – industry principal at Frost & Sullivan Wallace Lau says the slow uptake has not deterred increasing market competition for mobile-based freight apps. In a study released last year, Mr Lau predicted the market would grow at a rate of almost 75% annually to 2025, generating $26.40bn in revenue. In 2016, it generated just $100m. Mr Lau now says the slower uptake in demand is forcing him to reconsider his position.

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