US Xpress Enterprises

US Xpress Enterprises, Inc. engages in the provision of truckload carrier services. It operates through the Truckload and Brokerage segments. The Truckload segment offers asset-based truckload services, including over-the-road and dedicated contract services. The Brokerage segment is involved in non-asset based freight brokerage services. The company was founded by Max L. Fuller and Patrick Quinn in 1985 and is headquartered in Chattanooga, TN.

Earnings data Q1 2023

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U.S. Xpress Enterprises is a trucking company that provides customers with the on-demand capacity of their own private fleet that delivers on a daily basis. Xpress offers customers a broad portfolio of services using its own truckload fleet and third-party carriers through its non-asset-based truck brokerage network.

U.S. Xpress (USX) delivered earnings and revenue surprises of 33.33% and 0.91%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

U.S. Xpress (USX) Reports Q1 Loss, Lags Revenue Estimates

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced financial and operating results for the first quarter of 2022. First Quarter 2022 Highlights Compared to First Quarter 2021 Operating revenue of $517.2 million compared to $450.8 million Operating loss of $0.2 million compared to operating income of $8.0 million Adjusted operating income1 of $2.8 million compared to $8.0 million Loss per diluted share of $0.17 compared to earnings per diluted share (E

U.S. Xpress Reports First Quarter 2022 Financial Results

Inflation is rising at record rate and talks of recession are beginning to buzz. One sector that is often inflation and recession resistant is the transportation business which could also see growth from advancements in driverless technologies over the next few years.

U.S. Xpress Has Strong Upside Potential Despite High-Inflation Environment

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress (NYSE: USX) honored 153 of its professional truck drivers from its U.S. Xpress and Variant brands for more than 180 million combined miles of safe driving during an awards ceremony this week at the company's Chattanooga, Tenn., headquarters. Drivers achieved these career milestones in 2019 and 2020, but due to the COVID-19 pandemic, were not honored with an in-person ceremony until it was safe to do so. “Professional truck drivers are the backbon

U.S. Xpress Honors 153 Professional Drivers for 180 Million Safe Miles

U.S. Xpress (USX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: U.S. Xpress (USX) Q1 Earnings Expected to Decline

BRENTWOOD, Tenn.--(BUSINESS WIRE)--U.S. Xpress goes "OnRoad" with Comdata

U.S. Xpress Goes “OnRoad” With Comdata

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced its plans to release its first quarter 2022 financial results after the market closes on Thursday, May 5, 2022. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results. Conference Call / Webcast Details: Date: May 5, 2022 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-844-826-3033 International Dial-In Number: 1-412-317-5185 The live webcast and a

U.S. Xpress Announces First Quarter 2022 Earnings Release Date

When it comes to autonomous trucking pilot programs, U.S. Xpress is getting around. The Chattanooga, Tennessee-based carrier is running autonomous pilots with Kodiak Robotics, its third deal with an autonomous trucking startup following partnerships with TuSimple and Aurora Innovation.

U.S. Xpress running Dallas-to-Atlanta autonomous pilots with Kodiak Robotics

Self-driving trucking company Kodiak Robotics and U.S. Xpress, an American truckload carrier with a large footprint, have completed a pilot that tested autonomous freight service between Dallas-Fort Worth, Texas, and Atlanta, Georgia, using one of Kodiak's autonomous trucks. During the pilot, which occurred in late March, the Kodiak truck and pre-loaded U.S. Xpress trailers took […]

U.S. Xpress pilots 24/7 autonomous freight with Kodiak Robotics

The self-driving truck developer and one of the largest U.S. carrier fleets will haul freight autonomously between Texas and Georgia.

Kodiak Robotics And U.S. Xpress To Make Autonomous Freight Runs From Dallas To Atlanta

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LOUISVILLE, Ky. — The Variant initiative at U.S. Xpress — building a radically different truckload carrier within an existing one — has long touted what it sees as a strong feature: better driver retention.

Top performer in Variant's ambassador program made $100K before driving a mile

NEW YORK , March 26, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of U.S. Xpress Enterprises, Inc. ("U.S. Xpress" or the "Company") (NYSE: USX).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of U.S. Xpress Enterprises, Inc. - USX

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Although US crude futures fell over 2% on Thursday, there were a few notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

U.S. Xpress Enterprises And 4 Other Penny Stocks Bought By Insiders

A first-half 2022 economic outlook issued by truckload carrier U.S. Xpress Wednesday calls for strength in freight demand to last through at least the first half of the year. The company highlighted some caveats, most notably the impact of inflation on consumer spending.

U.S. Xpress sees freight moving at ‘fever pitch' through at least H1/22

Atlanta, Georgia--(Newsfile Corp. - February 16, 2022) - Holzer & Holzer, LLC is investigating whether U.S. Xpress Enterprises, Inc. ("U.S. Xpress" or the "Company") (NYSE: USX) complied with federal securities laws. On February 9, 2022, the Company reported Fourth Quarter 2021 results. In the report, the Company attributed "disappointing" consolidated earnings to operational challenges in the second half of 2021 that impacted the Company's ability to scale profitably. Following the report, the Company's...

SHAREHOLDER ALERT: Investigation of U.S. Xpress Enterprises, Inc. (USX) Announced by Holzer & Holzer, LLC

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress releases economic forecast for first half of 2022

U.S. Xpress Releases Economic Forecast for First Half of 2022

Aurora Innovation

Aurora Innovation Inc. will collaborate with U.S. Xpress Enterprises Inc. to sift the best lanes for driverless trucking as Aurora fine-tunes its system for commercialization. Working with U.S. Xpress (NYSE: USX) is interesting because the Chattanooga, Tennessee-based carrier has deep ties with rival TuSimple Holdings as an investor, adviser and likely customer for International LT Class 8 tractors that TuSimple (NASDAQ: TSP) is developing with Navistar.

U.S. Xpress takes on Aurora as a 2nd autonomous trucking collaborator

The autonomous tech developer is teaming up with the freight carrier to find commercial applications for the technology as shippers contend with a driver shortage and supply chain snags.

Aurora Teams Up With U.S. Xpress On Robot Truck Strategy

PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Today, Aurora Innovation, Inc. (NASDAQ: AUR) and U.S. Xpress Enterprises Inc. (NYSE: USX), one of the largest asset-based truckload carriers in the U.S., announced a collaboration to explore the deployment of the Aurora Driver within U.S. Xpress operations. This strategic collaboration is designed to fine-tune Aurora's autonomous Driver-as-a-Service product, Aurora Horizon, for efficient deployment at commercial scale. Aurora plans to leverage the intelligence of Va

U.S. Xpress and Aurora Announce Collaboration for the Intelligent Deployment of Autonomous Trucks

JPMorgan analyst Brian Ossenbeck downgraded US Xpress Enterprises Inc USX to Underweight from Neutral without a price target. Ossenbeck mentions that the company's execution continues to trail peers while strategic initiatives add to the near-term headwinds in truckload and brokerage.

JPMorgan Downgrades US Xpress Enterprises To Underweight After Mixed Q4 Results

U.S. Xpress Enterprises, Inc. (USX) CEO Eric Fuller on Q4 2022 Results - Earnings Call Transcript

U.S. Xpress broke out metrics for its Variant initiative for the first time, and one of the key selling points for Variant — lower driver turnover — deteriorated sharply over the course of the year. In an overall fourth-quarter earnings report that had little good news, U.S. Xpress (NYSE: USX) reported that its quarterly turnover for Variant had worsened to 95% by the final three months of the year.

News for US Xpress Enterprises Stock (USX)