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. But for what is believed to be the first time since the tech-driven alternative to U.S. Xpress’ legacy business was announced last year, a figure on mileage was provided.
Variant’...