USX
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News
U.S. Xpress posts loss, doubles down on capacity
U.S. Xpress cites a weaker spot market and compressed brokerage margins as reasons for the third quarter loss. However, the decision to grow its fleet,…
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News
U.S. Xpress amends credit agreement
U.S. Xpress announced that it has amended its credit facility to provide the company with a little more flexibility on its financial covenants as an…
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News
TL carriers seeing recent improvement
Two of the nation’s largest truckload carriers said they are seeing green shoots in freight demand.
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News
U.S. Xpress lowers outlook for second quarter and full-year
U.S. Xpress lowered its financial outlook for the second quarter 2019 as well as the full year.
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USX CEO sees big impact on capacity from drug and alcohol clearinghouse
The introduction of the drug and alcohol clearinghouse in January 2020 is going to have a bigger impact on truck capacity than the recent implementation…
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Freight Futures News
Simpson: J.B. Hunt committed to freight market transparency
J.B. Hunt wants to make freight marketplaces more efficient by making information more transparent.
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Company earnings
U.S. Xpress shares surge on lowest OR in twenty years
USX shifted its fleet away from over-the-road toward dedicated and lowered its adjusted operating ratio to 92.5%.
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