Uber ($UBER@US) is exploring options with potential advisors to spin off its Uber Freight logistics unit in a sale or as a separate public trading firm. The transportation company and ride-sharing app will likely move with the IPO option, which could take place next year, depending on market conditions. Uber launched the freight division in 2017 and acquired logistics firm Transplace in 2021 for $2.25 billion. Uber Freight connects truckers with shippers, acting as middle-man in the long-haul trucking business.