[vimeo-autoplay video-id=”473995313″]
“The ride-sharing business has been decimated,” says Mike Isaac, New York Times technology reporter and best-selling author of “Super Pumped: The Battle for Uber.”
Isaac joined FreightWaves founder and CEO Craig Fuller for a special Fuller Speed Ahead episode Thursday on the opening day of the FreightWaves LIVE @HOME virtual conference.
Isaac and Fuller discussed how the COVID-19 pandemic has brought ride-sharing to a halt but sent the food delivery business soaring. Fuller noted the role that food and grocery delivery apps like Uber Eats have played in making quarantine more sustainable.
Referencing Uber Eats’ recent success, Isaac stated that Uber has had to “make some real adjustments to how they fit this post-pandemic world, and to their credit, they have been able to do that really quickly.”
Isaac shared his insights on the future of Uber and how the company sees itself as “this logistics layer for delivery around the world, no matter what those items are.” Isaac said “food delivery is still a large growth area” for Uber, especially as new “cloud kitchens” are popping up around the country.
Calling it “a really compelling story about the history of Uber,” Fuller discussed his thoughts on Isaac’s book and Uber’s exponential growth.
Fuller and Isaac also discussed the potential of Uber’s extensive last-mile freight network; special purpose acquisition companies (SPACs) and why they may value founders more than businesses themselves; and the impact of regulations such as California’s Assembly Bill 5 (AB5) on Uber’s business model.
In Tuesday’s election, California’s voters passed Proposition 22, which exempts Uber, Lyft and some food delivery drivers from some AB5 regulations in terms of employee/contractor employment status.
Isaac’s book covers Uber’s early days and the evolution of a large-scale business.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now