Uber Freight, the logistics division of the ride-hailing and food delivery provider, is buying Transplace from its current owner TPG Capital for $2.25 billion. Transplace is one the largest managed transport service and logistics technology providers in North America, with a well-established offering to the automotive industry.

Uber Freight said the acquisition would create “one of the largest and most comprehensive managed transportation and logistics networks in the world”. It means Uber Freight will serve more customers in the freight industry globally and expand the company’s presence in Mexico, as well as expanding its business into intermodal and customs brokerage.