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Uber Freight To Invest $200M To Set Up Shop In Chicago

PYMNTS

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

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Fifth Third Bancorp And MB Financial Merge In $4.7B Deal

PYMNTS

Once the deal is complete, the merged company will have a Chicago deposit market share of 6.5 percent, ranking in fourth place in total deposits and second in retail deposits among the close to 200 banks in the region. We view MB Financial as a unique partner in our efforts to build scale in this strategically important market.

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Uber Freight Branches Out Into Canada

PYMNTS

Shippers will have unprecedented visibility into their supply chains, and access the actionable market data and reliable capacity that enables their businesses to thrive. Uber Freight announced last month that it was investing $200 million to “put down roots” in Chicago.

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Uber Freight Now Available In Canada

PYMNTS

Shippers will have unprecedented visibility into their supply chains, and access the actionable market data and reliable capacity that enables their businesses to thrive. Uber Freight announced last month that it was investing $200 million to “put down roots” in Chicago.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. The so-called “forgotten middle” has been a hot topic for many owners and operators as they look to enhance the options with independent housing and assisted living, hoping to help those trapped in the middle gap.

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

PYMNTS

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.