• ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
American Shipper

U.S. Xpress invests in regional carrier

U.S. Xpress invests in regional carrier

   U.S. Xpress, the fifth-largest U.S. truckload carrier based on revenue, said it completed the acquisition of a 49 percent stake in Richmond, Va.-based Abilene Motor Express.

   Abilene Chief Executive Officer Keith Jones and President Kolen Jones will continue to manage the company and control the majority share.

   U.S. Xpress, Chattanooga, Tenn., has an option to purchase management’s share through Aug. 30, 2010.

   Abilene provides regional and dedicated carriage in the eastern portion of the country.

   U.S. Xpress had revenue of $1.1 billion in 2004. It also has minority interests in Arnold Transportation, Total Transportation of Mississippi and Transplace, a logistics company.

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