U.S. Xpress Enterprises, Inc. (USX)

Truckload carrier offering transportation services throughout the United States, Mexico, and Canada.

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U.S. Xpress Enterprises, Inc. functions as a prominent asset-based truckload carrier primarily serving the logistics needs within the United States. Operating through two distinct segments, Truckload and Brokerage, the company offers comprehensive transportation solutions tailored to meet diverse customer requirements. The Truckload segment specializes in providing reliable over-the-road trucking services and contractual arrangements, leveraging a robust fleet of vehicles equipped to handle various cargo demands.

In addition to its asset-based operations, U.S. Xpress Enterprises operates a Brokerage segment, which offers non-asset-based freight brokerage services. This segment enhances the company's flexibility by facilitating transportation solutions through a network of third-party carriers. By integrating both asset-based capabilities and brokerage services, U.S. Xpress Enterprises optimizes its operational efficiency and expands its service offerings to effectively meet customer demands across different sectors and geographies.

As of December 31, 2021, U.S. Xpress Enterprises boasted a sizable fleet comprising approximately 6,400 tractors and 13,600 trailers, which includes 1,200 tractors operated by independent contractors. This extensive fleet enables the company to deliver seamless logistics solutions, ensuring timely and secure transportation of goods nationwide. Founded in 1985 and headquartered in Chattanooga, Tennessee, U.S. Xpress Enterprises continues to uphold its commitment to operational excellence and customer satisfaction in the competitive transportation and logistics industry

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