U.S. Xpress

Knight-Swift to remain on M&A prowl, still looking at LTL targets

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Knight-Swift Transportation’s latest acquisition is a bit of a reversal from recent initiatives,...

La lucha de varios años de U.S. Xpress termina con la adquisición por Knight-Swift

El declive financiero de varios años del transportador de cargas completas U.S. Xpress está llegando a su fin con el anuncio el martes de que va a ser comprado por Knight-Swift con una prima significativa sobre el precio de cierre de las acciones de la compañía el lunes. 

En una de las mayores ventas de la historia, Knight-Swift (NYSE: KNX) ha anunciado que pagará 808 millones de dólares por U.S. Xpress (NYSE: USX). El precio es de 6,15 $ por acción. Las acciones de U.S. Xpress cerraron el lunes...

https://www.freightwaves.com/news/la-lucha-de-varios-anos-de-u-s-xpress-termina-con-la-adquisicion-por-knight-swift

U.S. Xpress’ multiyear struggle ends with acquisition by Knight-Swift

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The multiyear decline in the financial fortunes of truckload carrier U.S. Xpress is coming to an end...

https://www.freightwaves.com/news/breaking-news-u-s-xpress-being-acquired-by-knight-swift

U.S. Xpress execs optimistic in face of another red-ink quarter

When reviewing the fourth-quarter 2022 earnings of U.S. Xpress, the normal course is to compare it to the fourth quarter of 2021. 

But U.S. Xpress (NYSE: USX) made two significant pivots in operating strategy in the past two years — the launch and earlier advocacy of Variant and the withdrawal from it — so a sequential comparison from the third quarter to the fourth might be more valuable. And on the company’s earnings calls with analysts Thursday, CEO Eric Fuller and CFO Eric Peterson did...

https://www.freightwaves.com/news/u-s-xpress-execs-optimistic-in-face-of-another-red-ink-quarter

Loaded and Rolling: Interview with Variant’s Josh Smith; Bank of America transportation outlook

Trucking and technology at scale: A look at Variant with Josh Smith

(Source: FreightWaves)

On Tuesday, Josh Smith, vice president at Variant and over-the-road operations at U.S. Xpress, spoke to FreightWaves about the Variant program and how technology and operations are vital to success in trucking.

During the interview, Smith highlighted the evolution of the Variant brand and how the organizational structure seeks to make life better for drivers on the road. Smith noted the Variant model is...

https://www.freightwaves.com/news/loaded-and-rolling-interview-with-variants-josh-smith-bank-of-america-transportation-outlook

Trucking comes to the rescue during hurricanes

This story was originally published on August 26, 2017, but has been updated for the 2022 hurricane season.

In 2003, I got caught in the middle of a hurricane. But it wasn’t the high winds and water that I faced, it was the surge of truckloads that my startup on-demand trucking division received.

My small but agile team of 11 made up the on-demand provider of US Xpress, known as Xpress Direct. We were set up to handle the spot on-demand capacity needs for major shippers, brokers, and airfreight...

https://www.freightwaves.com/news/2017/8/25/trucking-comes-to-the-rescue

Loaded and Rolling: U.S. Xpress pivots from Variant; Truckload volumes’ post-Labor Day slump

U.S. Xpress pivots from Variant
(Photo: Jim Allen/FreightWaves)

U.S. Xpress is going through a reorganization following a recent round of layoffs. The technology-driven Variant program will be merged into a larger Highway Services group, which will include the legacy over-the-road business and the USX freight brokerage. The company also announced a termination of the lease on Variant’s Atlanta headquarters due to the reduction in workforce and remote options.

In a call with analysts Thursday...

https://www.freightwaves.com/news/loaded-and-rolling-us-xpress-pivots-from-variant-truckload-volumes-post-labor-day-slump

La FMCSA acepta la petición de permitir las pruebas de pelo en el centro de intercambio de información sobre drogas 

truck with hair test sample

Un grupo de empresas de camiones de renombre está pidiendo una vez más a los reguladores federales que permitan las pruebas de pelo para las drogas para determinar si una persona es apta para conducir – y esta vez el gobierno ha accedido a considerar su caso. 

La Trucking Alliance, cuyos miembros incluyen a J.B. Hunt Transport (NASDAQ: JBHT), U.S. Xpress (NYSE: USX) y Knight-Swift Transportation (NYSE: KNX), busca una exención que permita por primera vez que los resultados positivos de las...

https://www.freightwaves.com/news/la-fmcsa-acepta-la-peticion-de-permitir-las-pruebas-de-pelo-en-el-centro-de-intercambio-de-informacion-sobre-drogas

Truckload carrier U.S. Xpress announces 2nd round of corporate layoffs

U.S. Xpress truck

Chattanooga, Tennessee-based U.S. Xpress announced it is cutting another 5% of its corporate workforce in the trucking company’s second round of layoffs in three months. 

Since May, the trucking giant has cut about 10% of its corporate workforce, around 140 office jobs. No drivers were impacted in either round of layoffs.

Brad Carmony, vice president of brand communications for U.S. Xpress, said the decision to lay off about 66 of its 1,330 office employees was the result of the company’s...

https://www.freightwaves.com/news/truckload-carrier-us-xpress-announces-2nd-round-of-corporate-layoffs

El transportador de camiones U.S. Xpress anuncia la segunda ronda de despidos en la empresa 

U.S. Xpress truck

U.S. Xpress, con sede en Chattanooga, Tennessee, anunció que está recortando otro 5% de su plantilla corporativa en la segunda ronda de despidos de la compañía de camiones en tres meses. 

Desde mayo, el gigante del transporte ha recortado alrededor del 10% de su plantilla corporativa, unos 140 puestos de trabajo de oficina. Los conductores no se han visto afectados en ninguna de las dos rondas de despidos. 

Brad Carmony, vicepresidente de comunicaciones de marca de U.S. Xpress, dijo que la...

https://www.freightwaves.com/news/el-transportador-de-camiones-u-s-xpress-anuncia-la-segunda-ronda-de-despidos-en-la-empresa

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