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.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced results for the fourth quarter of 2021. Fourth Quarter 2021 Highlights Compared to Fourth Quarter 2020 Operating revenue of $531.6 million compared to $455.6 million Operating loss of $5.1 million compared to operating income of $15.1 million Adjusted operating loss1, of $0.8 million compared to operating income of $15.1 million Net loss attributable to controlling interest of $5.3 million, or $0.10 p

U.S. Xpress Enterprises Reports Fourth Quarter 2021 Results

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced that it will release its fourth quarter and full year 2021 financial results after the market closes on Wednesday, February 9, 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: February 9, 2022 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-877-423-9813 International Dial-In Number: 1-201-689-8

U.S. Xpress Enterprises, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Release Date

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Wolfe Research analyst Scott Group downgraded the trucking sector to Underweight from Market Weight and adjusted the ratings for several related stocks. Group says while supply chains remain under "significant stress with few signs of improvement," inventory levels are finally starting to improve.

Wolfe Research Downgrades Trucking Sector To Underweight; Adjusts Ratings For Related Stocks

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress wraps 2021 with increased community partnerships, employee education & giving, and inclusion & diversity initiatives.

U.S. Xpress Wraps 2021 With Increased Community Partnerships, Employee Education & Giving, and Inclusion & Diversity Initiatives

Morgan Stanley analyst Ravi Shanker lowered his Freight Transportation industry view from In-Line to Cautious. Reflecting on the industry view, he downgraded US Xpress Enterprises Inc (NYSE:USX) to Equal Weight from Overweight and lowered the price target to $10 (an upside of 44%), from $12.

Morgan Stanley Downgrades U.S. Xpress Enterprises Amid Industry Downgrade

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced that Eric Fuller, President and Chief Executive Officer, and Eric Peterson, Chief Financial Officer, will participate in a fireside chat at the Stephens Annual Investment Conference at 2:00 p.m. Eastern Time on Thursday, December 2, 2021. A live audio webcast of the presentation will be available on the investor section of the Company's website at https://investor.usxpress.com and will

U.S. Xpress Enterprises Inc. Announces Conference Participation at the Stephens Annual Investment Conference

A fourth-quarter economic outlook from Chattanooga, Tennessee-based truckload carrier U.S. Xpress calls for a continuation in elevated freight demand moving forward with some signs of caution. “For the foreseeable future, freight will continue to run at a torrid pace,” the Monday report read.

U.S. Xpress freight outlook calls for ‘torrid pace' but consumer concerns loom

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Q4 industry forecast finds persistent pandemic-related challenges continue to impact nation's supply chain

U.S. Xpress Releases Q4 2021 Economic Forecast

While US Xpress Enterprises Inc (NYSE:USX) is expanding its Variant truck segment, it is missing out on “fully participating in the strongest truckload market in a generation,” according to BofA Securities. The US Xpress Enterprises Analyst: Ken Hoexter downgraded the rating for US Xpress Enterprises from Neutral to Underperform, while reducing the price target from $9 to $8.

BofA Downgrades US Xpress Enterprises Even As It Expands Variant Trucking Segment

U.S. Xpress Enterprises, Inc. (USX) CEO Eric Fuller on Q3 2021 Results - Earnings Call Transcript

U.S. Xpress (USX) delivered earnings and revenue surprises of -53.33% and 3.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. Xpress (USX) Lags Q3 Earnings Estimates

Analyst reaction to the third-quarter earnings of U.S. Xpress calls to mind a term that CEO Eric Fuller uses often: inflection point. After quarterly earnings that by traditional measurements could only be seen as disappointing, particularly when several other truckload companies are posting knockout financials, Fuller spoke mostly about the future.

USX's Q3 was weak, but analysts appear open to CEO's long-term view

U.S. Xpress Enterprises (NYSE:USX) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:10 PM. Here's what investors need to know about the announcement.

U.S. Xpress Enterprises: Q3 Earnings Insights

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced results for the third quarter of 2021. Third Quarter 2021 Financial Highlights Compared to Third Quarter 2020 Operating revenue grew 13.8% to $491.1 million compared to $431.5 million Variant exited the quarter with 1,283 tractors, representing growth of 149%, and contributed to the total tractor count growing sequentially for the first time since the second quarter of 2020 Net loss attributable to co

U.S. Xpress Enterprises Reports Third Quarter 2021 Results

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced that it will release its third-quarter 2021 financial results after the market closes on Thursday, October 21, 2021. 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: October 21, 2021 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-877-423-9813 International Dial-In Number: 1-201-689-8573 The live web

U.S. Xpress Enterprises, Inc. Announces Third-Quarter 2021 Earnings Release Date

U.S. Xpress is a major trucking company in the United States with a market cap of roughly $450 million. The company is doing a good job in a challenging trucking environment thanks to ongoing investments in a streamlined business model.

U.S. Xpress - An Interesting Wild Card

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced that Eric Fuller, President and Chief Executive Officer, will participate in a fireside chat at the Morgan Stanley 9th Annual Virtual Laguna Conference at 12:45 p.m. Eastern Time on Tuesday, September 14, 2021. A live audio webcast of the presentation will be available on the investors section of the Company's website at https://investor.usxpress.com and will be archived for a limited

U.S. Xpress Enterprises Inc. Announces Conference Participation at the Morgan Stanley Virtual 9th Annual Laguna Conference

ATLANTA--(BUSINESS WIRE)--Variant, a digitally orchestrated trucking fleet has recently surpassed 1,200 seated tractors.

Variant Celebrates Two-Year Anniversary with more than 1,200 Seated Tractors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Driver shortage, supply chain volatility, and economic uncertainty present sustained challenges for trucking industry

U.S. Xpress Releases Q3 2021 Economic Forecast

U.S. Xpress (USX) delivered earnings and revenue surprises of -38.46% and 3.92%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. Xpress (USX) Q2 Earnings Miss Estimates

U.S. Xpress Enterprises, Inc. (USX) CEO Eric Fuller on Q2 2021 Results - Earnings Call Transcript

U.S. Xpress (NYSE: USX) spent about $40 million more on purchased transportation in the second quarter of 2021 than it did in the corresponding quarter of 2020, an increased cost that went right to the truckload carrier's bottom line.  By several standards, the company had a strong quarter.

U.S. Xpress' bottom line takes hit from big labor cost increases

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced results for the second quarter of 2021. Second Quarter 2021 Financial Highlights compared to Second Quarter 2020 Operating revenue of $475.0 million compared to $422.5 million Operating income of $8.9 million compared to $16.3 million Net income attributable to controlling interest of $19.1 million, or $0.37 per diluted share, compared to $9.5 million, or $0.18 per diluted share Adjust

U.S. Xpress Enterprises Reports Second Quarter 2021 Results

U.S. Xpress has seen a disappointing performance since the public offering three years ago. The company reports stable sales, actually up a bit, but margins are slim and very volatile.

U.S. Xpress: Cyclicality Remains An Issue

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE:USX) (the “Company”) today announced that it will release its second quarter 2021 results after market close on Thursday, July 22, 2021 and will host a conference call at 5:00 p.m. (Eastern Time) the same day. The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the U.S. Xpress Second Quarter 2021 Earnings Conference Call. A replay w

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