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. Unfortunately for Fuller, the analysts on the phone call seemed far more concerned about the short to medium-term economics of the legacy business.
Fuller and several of his management colleagues had no such...
https://www.freightwaves.com/news/u-s-xpress-makes-its-case-on-variant-at-length-in-public-forum