Powerloop is a new Uber Freight company that aims to make “power-only loads more accessible to carriers” by renting them trailers.
Having determined that what it terms the “traditional trailer pool model” to be “particularly ripe for reinvention,” Uber Freight has launched Powerloop.
The “brand new company,” which was announced on Oct. 17 and is described as affiliated with Uber Freight, will rent trailers to eligible Uber Freight motor carriers and “in doing so, enable them to participate in an innovative new trailer pool model,” said the company.
In a blog post, Max Pike, Uber Freight’s program manager of strategic projects, explained that Powerloop aims to lower the barrier to entry to trailer-pool programs. “Eligible carriers leveraging the Powerloop program are able to find backhauls more frequently and spend more of their day moving through the network instead of constantly searching for the next load,” he pointed out.