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 (NYSE: USX) announced more details on its brokerage unit, Xpress Technologies, Tuesday. The digital platform is designed to remove friction from freight brokerage and “make goods move better every day.

Brokerage platform designed to ‘digitally transform' U.S. Xpress

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress reimagines freight brokerage segment with Xpress Technologies

U.S. Xpress Reimagines Freight Brokerage Segment with Xpress Technologies

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced that Eric Fuller, President and Chief Executive Officer, Eric Peterson, Chief Financial Officer, Cameron Ramsdell, President of Variant, and Joel Gard, President of Xpress Technologies, are scheduled to virtually participate at the: Bank of America Transportation, Airlines and Industrials Conference to be held May 19-20, 2021. Management is scheduled to present on Thursday, May 20, 2021 at 11:20 a.m.

U.S. Xpress Enterprises Inc. Announces Virtual Conference Participation

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Trends so far during the first-quarter earnings season are supportive of truckload carriers posting sizable growth in 2021. February's severe winter storms had many analysts lowering estimates for the quarter heading into the print.

Trucking's tailwinds evident in first quarter

U.S. Xpress' (NYSE: USX) first-quarter earnings release and subsequent conference call with analysts gave CEO Eric Fuller an opportunity to start putting some numbers on the impact of its Variant initiative, a truckload carrier inside a truckload carrier.  One number that was not released for Variant: an operating ratio.

U.S. Xpress: ‘Inflection point' reached with over 900 carriers carrying Variant brand

U.S. Xpress Enterprises, Inc. (USX) CEO Eric Fuller on Q1 2021 Results - Earnings Call Transcript

U.S. Xpress (USX) delivered earnings and revenue surprises of -16.67% and -0.20%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. Xpress (USX) Misses Q1 Earnings and Revenue Estimates

U.S. Xpress (NYSE: USX) turned an operating loss in the first quarter of 2020 into an almost $8 million operating profit in the first quarter of this year, boosted by improvements in the company's truckload operations but also a sharp improvement in the performance of its brokerage activities. On a relatively muted 6.3% increase in operating revenue net of fuel, the company turned an operating loss from Q1 2020 of $3.66 million into an operating profit of $7.998 million.

Red ink turns black in U.S. Xpress' first-quarter report

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced results for the first quarter of 2021. First Quarter 2021 Highlights Operating revenue of $450.8 million compared to $432.6 million in the first quarter of 2020 Operating income of $8.0 million compared to a loss of $3.7 million in the first quarter of 2020 Net income attributable to controlling interest of $2.5 million, or $0.05 per diluted share Brokerage revenue grew to $81.8 millio

U.S. Xpress Enterprises Reports First Quarter 2021 Results

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress releases Q2 2021 economic forecast spotlighting key metrics in the trucking industry

U.S. Xpress Releases Q2 2021 Economic Forecast

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE:USX) (the “Company”) today announced that it will release its first quarter 2021 results after market close on Thursday, April 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 First Quarter 2021 Earnings Conference Call. A replay wi

U.S. Xpress Enterprises, Inc. Announces First Quarter 2021 Financial Results Release Date and Conference Call

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Eleven large-fleet trucking companies are pushing federal regulators to address a petition to allow hair testing for drugs that the carriers claim is needed to help keep drug-using truck drivers from getting behind the wheel. The carriers — which include publicly traded truckload operators J.B.

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We believe that there are several transportation stocks that are currently better valued than Norfolk Southern. Norfolk Southern's current market cap-to-operating income ratio of 22x is much higher than levels of under 15x for U.S. Xpress Enterprises, Werner Enterprises, Canadian Pacific Railway.

These Transportation Stocks Are Better Buying Opportunities Compared To Norfolk Southern

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress releases 2021 Safe Trucking Report spotlighting best practices on the road.

U.S. Xpress Spotlights Industry-Leading Initiatives in Safe Trucking Report

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) the nation's fifth largest asset-based truckload carrier by revenue, today announced that Eric Fuller, President and Chief Executive Officer, and Eric Peterson, Chief Financial Officer, will participate in a fireside chat at the B. Riley Securities Sustainable Energy & Technology Conference at 3:00 p.m. Eastern Time on Wednesday, March 10, 2021. A live audio webcast of the presentation will be available on the in

U.S. Xpress Enterprises Inc. Announces Virtual Participation at the B. Riley Securities Sustainable Energy & Technology Conference

When U.S. Xpress (NYSE: USX) held its fourth-quarter earnings call a few weeks ago, the frustration of CEO Eric Fuller was palpable. He wanted to talk a lot about the company's Variant initiative, which is building a completely different trucking company inside an existing truckload carrier.

U.S. Xpress makes its case on Variant at length in public forum

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Self-driving truck technology developer TuSimple expects to file a prospectus to sell public stock as soon as next week, according to published reports and people close to the situation. The company, with offices in San Diego and Beijing, has 50 Level 4 autonomous trucks running paid freight in Southwestern states.

Self-driving truck technology startup TuSimple nears stock offering

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress details environmental, community and leadership focus in annual Corporate Responsibility Report

U.S. Xpress Details Environmental, Community and Leadership Focus in Annual Corporate Responsibility Report

U.S. Xpress' (NYSE: USX) development of its Variant fleet has generated plenty of buzz in the industry, and on Wall Street. On its recent earnings call, one analyst questioned what Variant is really about and why it is different.

U.S. Xpress to deploy Platform Science technology

U.S. Xpress Enterprises, Inc. (USX) CEO Eric Fuller on Q4 2020 Results - Earnings Call Transcript

In what amounted to an “encore,” the end of the Q&A didn't mean an end to the discussion on Variant and its role in USX's future. U.S. Xpress (NYSE:USX) faces multiple challenges in the rollout of its Variant initiative, which the company posits as akin to starting a new trucking company within a trucking company as opposed to just fixing what the truckload carrier already has.

U.S. Xpress works overtime in earnings call to praise Variant

U.S. Xpress (USX) delivered earnings and revenue surprises of -11.76% and -0.40%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

U.S. Xpress (USX) Q4 Earnings and Revenues Miss Estimates

U.S. Xpress posted an operating income gain of more than 12.5 times, rising to an adjusted operating income of $15.1 million. U.S. Xpress (NYSE: USX) saw its net income take a significant jump from the fourth quarter of last year while its operating ratio also improved.

U.S. Xpress sees strong jump in income, improvement in OR

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced results for the fourth quarter of 2020. Fourth Quarter 2020 Highlights Operating revenue of $455.6 million compared to $449.6 million in the fourth quarter of 2019 Operating income of $15.1 million compared to $1.4 million in the fourth quarter of 2019 Net income attributable to controlling interest of $7.6 million, or $0.15 per diluted share Brokerage revenue grew to $76.4 million, up

U.S. Xpress Enterprises Reports Fourth Quarter 2020 Results

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress announces an investment in TuSimple, a self-driving technology company .

News for US Xpress Enterprises Stock (USX)