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. That marks a significant slide from quarterly turnover that was 58% in the first quarter, 74% in...
https://www.freightwaves.com/news/variants-metrics-at-u-s-xpress-show-a-second-half-deterioration