Geopolitics Alpha

Stronger revenue at Uber Freight, but profits still elusive

Published . Updated .

Key takeaways

  • Uber Freight CEO Rebecca Tinucci took to LinkedIn to tout the company’s third quarter financial performance, which still is a long way from operating
  • Exposed: BWET, IYT, ZIM, MATX, DAC
  • Market reaction: BWET −15.7% on the day; IYT +2.9% on the day; KEX −9.2% on the day

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Stronger revenue at Uber Freight, but profits still elusive

Uber Freight CEO Rebecca Tinucci took to LinkedIn to tout the company’s third quarter financial performance, which still is a long way from operating

Directly affected

  • UBER Uber Technologies-4.0% 30d

    Named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.

  • IYT iShares U.S. Transportation ETF

    iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.

  • ZIM ZIM Integrated Shipping Services+1.3% 30d

    ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.

  • MATX Matson-5.4% 7d

    Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.

  • DAC Danaos

    Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.

  • KEX Kirby+2.8% 30d

    Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UBER-2.00%-2.06%base+5.00%after closeafter closeafter close
BWET+7.18%+11.56%base-15.67%after closeafter closeafter close
IYT-2.21%-1.20%base+2.92%after closeafter closeafter close
ZIM+1.16%-3.19%base-2.73%after closeafter closeafter close
MATX+2.94%+0.86%base-5.10%after closeafter closeafter close
DAC+3.75%+2.77%base-0.19%after closeafter closeafter close
KEX+3.58%+2.10%base-9.25%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Stronger revenue at Uber Freight, but profits still elusive FreightWaves

Source: FreightWaves

Amplify Commodity Trust (BWET) since “Stronger revenue at Uber Freight, but profits still elusive,” compared with the market

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day-15.67%final price
Amplify Commodity Trust (BWET)three days earlier+11.56%final price
Amplify Commodity Trust (BWET)five days earlier+7.18%final price
Danaos (DAC)that day-0.19%final price
Danaos (DAC)three days earlier+2.77%final price
Danaos (DAC)five days earlier+3.75%final price
Ishares Tr (IYT)that day+2.92%final price
Ishares Tr (IYT)three days earlier-1.20%final price
Ishares Tr (IYT)five days earlier-2.21%final price
Kirby (KEX)that day-9.25%final price
Kirby (KEX)three days earlier+2.10%final price
Kirby (KEX)five days earlier+3.58%final price
Matson (MATX)that day-5.10%final price
Matson (MATX)three days earlier+0.86%final price
Matson (MATX)five days earlier+2.94%final price
UBERthat day+5.00%final price
UBERthree days earlier-2.06%final price
UBERfive days earlier-2.00%final price
ZIM Integrated Shipping Services (ZIM)that day-2.73%final price
ZIM Integrated Shipping Services (ZIM)three days earlier-3.19%final price
ZIM Integrated Shipping Services (ZIM)five days earlier+1.16%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “Stronger revenue at Uber Freight, but profits still elusive”

Companies carried with this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Stronger revenue at Uber Freight, but profits still elusive.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story

  • IYT Ishares Tr

    Ishares Tr (IYT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Stronger revenue at Uber Freight, but profits still elusive.” Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story

  • ZIM ZIM Integrated Shipping Services

    For “Stronger revenue at Uber Freight, but profits still elusive,” ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story

  • MATX Matson

    Matson (MATX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Stronger revenue at Uber Freight, but profits still elusive.” Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story

  • DAC Danaos

    Danaos (DAC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Stronger revenue at Uber Freight, but profits still elusive.” Reason on file: Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story

  • KEX Kirby

    In “Stronger revenue at Uber Freight, but profits still elusive,” Kirby (KEX) is linked, with no stored direction, medium confidence. Reason on file: Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story

How shipping news reaches Amplify Commodity Trust (BWET)

“Stronger revenue at Uber Freight, but profits still elusive” (4 Nov 2026) reaches Amplify Commodity Trust (BWET) through Shipping.

The link for Amplify Commodity Trust (BWET) is this: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story

Also listed, Ishares Tr (IYT): iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story

The price range for Amplify Commodity Trust (BWET), and the dates in the story

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ZIM traded between 28.73 and 30.98 across 20 sessions. The latest close on file is 29.73.

The shipping score for Amplify Commodity Trust (BWET)

46 out of 100

“Stronger revenue at Uber Freight, but profits still elusive” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.