A decade after its owners took the company private, U.S. Xpress Enterprises, Inc. returned to Wall Street June 14 to raise more than $250 million of equity and again become a publicly traded company.
June 15, 2018Business, TCA
U.S. Xpress Raises Over $250 Million in Stock Issue
Business, Logistics
U.S. Xpress Enterprises Announces IPO
U.S. Xpress Enterprises has launched an initial public offering of 18,056,000 shares of its Class A common stock, the Chattanooga, Tenn.-based company announced June 4.
June 4, 2018Business
U.S. Xpress Plans to Pursue IPO
Truckload carrier U.S. Xpress announced May 8 it intends to pursue an initial public offering of its Class A common stock, and the Chattanooga, Tenn.-based company has submitted its paperwork to the U.S. Securities and Exchange Commission.
May 8, 2018Business, Technology, TCA
U.S. Xpress Sees Good Times Ahead
U.S. Xpress reached a deal to spend more than $200 million to buy 1,400 International LT semi-tractor sleeper trucks and 265 day cabs from Navistar International Corp.
October 23, 2017Business
U.S. Xpress Laying Off 100 in Tennessee, Georgia
Truckload carrier U.S. Xpress Enterprises said it is laying off 100 employees — all nondrivers — at two southeastern locations, citing a change in “company focus.â€
August 3, 2017Business
PIT Group, U.S. Xpress Launch Fuel-Efficiency Test on Multiple OEMs’ Class 8 Trucks
TUNNEL HILL, Ga. — Engineering and research company PIT Group and truckload carrier U.S. Xpress Enterprises announced they had begun the first in-service fuel-efficiency test in the United States with a variety of Class 8 trucks and various powertrain combinations to compare actual performance levels.
November 7, 2016