Uber has launched a new service today that aims to connect truck drivers and trucking companies to available shipments.
While most freelance truck drivers have to wait up to 30 days to get paid, Uber Freight says they will pay “within a few days, fee-free, for every single load.”
“Truck drivers are the heart of the American economy,” said Uber Freight in a public announcement. “They drive about 10% of all miles and haul a whopping 14 billion tons of freight every year. That averages out to almost 250 pounds of goods for each American every single day.”
The transportation of goods accounts for nearly 10% of the U.S. economy with one in seven Americans working in the transportation sector, according to the Department of Transportation.
Uber Freight allows companies and freelancers to communicate within seconds what used to take hours of negotiation by phone.
Uber’s ride-sharing app has already decimated the cab industry in San Francisco and is changing the way people ride all over the world.
But perhaps there’s no need to panic.
According to a study by Oxford Martin School, while the income of taxi drivers in the U.S. fell about 10% between 2009 and 2015, this was offset by a 10% rise in income for self-employed drivers.
The study also found that, while the number of employees at banks and gas stations dropped exponentially following the introduction of ATM’s and automated gas pumps, there has been a 45% increase in the number of self-employed drivers since Uber began.