Truckload giant U.S. Xpress recently went public again. HDT's Deborah Lockridge talks to President and CEO Eric Fuller about the IPO, its first quarterly financial report, the driver shortage and other challenges and opportunities facing the carrier and the industry.
In its first earnings report since going public, U.S. Xpress reported substantial improvements in revenue, operating income, and operating ratio compared to a year earlier.
U.S. Xpress has officially launched its initial public offering of more than 18 million shares, expected to carry an $18-$20 price per share.
U.S. Xpress just announced it's going public, after several years of transition to a new management team. HDT Editor in Chief Deborah Lockridge visited last year and spoke to Eric Fuller and Lisa Quinn Pate, who are following in the footsteps of their fathers, who founded the company.
After more than a decade as a privately held company, Chattanooga, Tennessee-based U.S. Xpress Enterprises has filed the paperwork for an initial public offering.
U.S. Xpress announced the TeamMax Bonus program for current and prospective team drivers, which offers $50,000 in bonuses and up to four weeks of paid vacation in a single year.
Gerald "Gerry" Mead, formerly executive vice president of maintenance at U.S. Xpress and a recent HDT Truck Fleet Innovator, has joined Phillips Industries as the executive director of innovations.
U.S. Xpress announced that it will include SmartTruck’s TopKit Aero System on all of its trailer builds in 2017.
U.S. Xpress has introduced a new lease-purchase program designed to make truck ownership more attainable for truck drivers.
U.S. Xpress hosted its second annual technician competition in its Tunnel Hill, Georgia, facility. In this video, HDT's Deborah Lockridge explores how the competition keeps U.S. Xpress's technicians on top of the latest technology to keep the fleet's trucks on the road.