Is It The End of UberFreight Already?

Is Uber Freight On The Verge Of Going Out Of Business?
Forbes, Apr 10
Uber continues to spill red ink. The company lost $4.5 billion in 2017, up from $2.8 billion the year before. Uber reported a loss of $1.1 billion in the fourth quarter on revenues of $2.2 billion. It was recently reported that Uber will discontinue its same-day parcel and package delivery service called UberRush by the end of June. Considering its losses, focusing on the core passenger ride hailing service only makes sense.