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Benzinga
Benzinga
Business
Paula Tudoran

Uber Freight CEO Lior Ron Leaves $5.1B Unit For Waabi's AI-First Driverless Trucks: 'Most Positioned To Lead The Transformation'

Industrial,White,Big,Rig,Long,Haul,Semi,Truck,With,Extended

Uber Freight founder and CEO Lior Ron is leaving the top job to become chief operating officer at self-driving truck startup Waabi, Bloomberg reports.

Ron, who built Uber's (NYSE:UBER) freight and logistics unit into a $5.1 billion business, will lead Waabi as it works to launch fully driverless trucks in Texas before the end of this year. According to TechCrunch, Ron's move comes as autonomous freight technology nears commercial viability, and Waabi prepares to scale operations against deep-pocketed rivals like Aurora, which has already launched the first driverless trucking route in the U.S.

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