Quarterlytics / Industrials / Trucking / U.S. Xpress Enterprises

U.S. Xpress Enterprises

USX · NYSE Industrials
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Ticker USX
Exchange NYSE
Sector Industrials
Industry Trucking
Employees 5001-10,000

Business description

U.S. Xpress Enterprises, Inc., a dominant player in the trucking industry, has established itself as a highly reliable asset-based truckload carrier, primarily in the United States. The company operates through two key segments, Truckload and Brokerage, which provide a wide range of services. While the Truckload segment offers over-the-road trucking and contract services, the Brokerage segment provides asset-light freight brokerage services, thereby contracting loads to third-party carriers. The company is highly focused on providing customers a dynamic portfolio of services using its asset-based truckload fleet and third-party carriers through its asset-light freight brokerage network. As of December 31, 2022, the company boasts of a fleet consisting of approximately 7,200 tractors and 14,400 trailers, including 1,000 tractors provided by independent contractors. U.S. Xpress has come a long way since its inception in 1985 and is now headquartered in Chattanooga, Tennessee. With a strong presence in the market, the company is poised to continue its remarkable journey of success in the years to come.

usxpress.com
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Company facts
TickerUSX
ExchangeNYSE
Sector Industrials
Industry Trucking
Employees5001-10,000