|Bid||3.6800 x 800|
|Ask||3.8800 x 800|
|Day's Range||3.6007 - 3.7500|
|52 Week Range||3.6000 - 16.3400|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||5.97|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.31|
How much are employees worth, in profit dollars, to some of the state's largest companies? It runs the gamut from $1,200 to more than $237,000 per employee.
U.S. Xpress Enterprises, Inc. (USX), the nation’s fifth largest asset-based truckload carrier by revenue, welcomes the fourth class to participate in its award-winning leadership development program Xpress Path, formerly known as Xpress Elite. This year’s class is composed of three professionals: Fleet Manager Hunter Brittingham, who has been with U.S. Xpress in Operations for over two years, United States Marine Corps veteran Christopher Porter, and United States Marine Corps Sergeant Ian Sanford. Xpress Path is an 18-month-long program designed to develop high-potential employees by providing training on business challenges to propel them into leadership roles within the company.
Chattanooga-based truckload (TL) carrier U.S. Xpress (NYSE: USX) reported adjusted earnings per share of $0.06, worse than the consensus estimate of $0.12. Adjusted operating income was 64.8 percent lower at $9.3 million. The adjusted operating ratio (OR) deteriorated 410 basis points to 97.5 percent, which was in-line with the company's updated guidance.
U.S. Xpress Enterprises, Inc. (USX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Truckload and logistics provider Schneider Inc. (NYSE: SNDR) announced that it received the "Best in Cargo Security" award in the large carrier category from cargo security consultant CargoNet. Separately, truckload carrier U.S. Xpress Enterprises Inc. (NYSE: USX) announced July 23 that it was named "Carrier of the Year" for 2019 by FedEx Ground, the ground-delivery unit of FedEx Corp. (NYSE: FDX).
U.S. Xpress Enterprises, Inc. (USX), the nation’s fifth largest asset-based truckload carrier by revenue, was recently named FedEx Ground’s 2019 “Carrier of the Year.” It marks the second time U.S. Xpress has been honored by FedEx Ground with the award. “FedEx Ground has used our services for more than two decades and are one of our top 10 customers,” said Eric Fuller, President and CEO of U.S. Xpress. U.S. Xpress was selected “Carrier of the Year” based on outstanding achievements in on-time service and customer contact.
An Indiana judge sided with Dollar General in a negligence lawsuit filed by a former U.S. Xpress (NYSE: USX) delivery driver, who claimed his arm was ripped from its socket while unloading an overweight container at one of its stores in May of 2016. Indiana U.S. District Court Judge Tanya Walton Pratt granted Dollar General's motion for summary judgment on July 16, claiming the discount chain relinquished all control over the trailer and its contents to U.S. Xpress and its delivery driver, Lee Till, once the truck left its distribution center, according to the agreed-upon dedicated account contract.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
U.S. Xpress Enterprises, Inc. (USX) (the “Company”), the nation’s fifth largest asset-based truckload carrier by revenue, today announced that it will release its second quarter 2019 results after the market close on Thursday, August 1, 2019 and will host a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the U.S. Xpress Second Quarter 2019 Earnings Conference Call. A replay will be available starting at 8:00 p.m. (Eastern Time) on August 1, 2019 and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.
A day after truckload (TL) carriers' stocks rallied on the not-as-bad-as-expected earnings report from J.B. Hunt (NASDAQ: JBHT), Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) negatively pre-announced its earnings expectations. In a press release, KNX said that it now expects second quarter 2019 adjusted earnings per share to be in the range of $0.57 to $0.58, lower than the previous guidance range of $0.62 to $0.64 and the consensus estimate of $0.61. Additionally, third quarter 2019 earnings per share guidance was lowered to a range of $0.54 to $0.57, down from the previous guidance range of $0.62 to $0.66 and lower than the consensus estimate of $0.62.
Chattanooga-based truckload (TL) carrier U.S. Xpress (NYSE: USX) lowered its financial outlook for the second quarter 2019 as well as the full year. The company said that current unfavorable market conditions have caused it to raise its adjusted operating ratio (OR) target to 97.5 percent for the second quarter 2019 versus the previous guidance, which called for sequential improvement from the 95.7 percent mark reported in 2019's first quarter. The lower the OR, operating expenses as a percentage of revenue, the more operating income earned.
Shares of U.S. Xpress Enterprises Inc. fell more than 7% in the extended session Thursday after the trucking company lowered its expectations for the second quarter, saying that market conditions "continue to underperform original expectations" and there's no seasonal boost. U.S. Xpress said it expects second-quarter adjusted operating ratio to about 97.5%, versus a previous expectations of "improvement" from the 95.7% adjusted operating ratio in the first quarter. The company also lowered its capital-expenditure budget for the year to betwee $110 million and $130 million, compared with a prior guidance of $170 million and $190 million. It will defer tractor deliveries and cut the planned replacement of leased equipment with owned, the company said. "Our balance sheet remains solid, and we anticipate remaining comfortably within our financial covenants and liquidity target through the balance of the year and beyond," the company said. Shares of U.S. Xpress ended the regular trading day 3.8%.
U.S. Xpress Enterprises, Inc. (USX) (the “Company”), the nation’s fifth largest asset-based truckload carrier by revenue, today announced updated financial and capital expenditure guidance for the second quarter and full year of 2019. Based on current market conditions which continue to underperform original expectations, the Company now expects its second quarter 2019 adjusted operating ratio to approximate 97.5%, as compared to the Company’s previous expectations of a sequential improvement from the 95.7% adjusted operating ratio generated in the first quarter of 2019. In addition, the Company is adjusting its full year 2019 adjusted operating ratio guidance to a range of 95.5% to 97.5%, where the high end would assume a continuation of the lackluster market conditions as seen in June through year end and compares to the previous adjusted operating ratio guidance of 93.0%.
SAN DIEGO , July 2, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims for violations of federal law against the following companies that recently issued ...
The American Trucking Associations (ATA) will stay out of the long-running fight over establishing a national standard for twin 33-foot trailers because its membership is too divided over the issue for the group to speak with one voice, a top ATA official said Wednesday. ATA First Vice-Chairman Randy Guillot, who is also president of intermodal and dry van trucking company Southeastern Motor Freight, Inc., said ATA "cannot get the needle moved" in the debate because it lacks a unified position. Speaking at the SMC3 summer conference in Colorado Springs, Colorado, Guillot said ATA supports efficiency improvements.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
U.S. Xpress Enterprises, Inc. , the nation’s fifth largest asset-based truckload carrier by revenue, celebrates 15 years as a SmartWay Partner. Launched in 2004, the U.S.
Truckload (TL) carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows. The first came in the form of a tweet from President Trump announcing his intention to impose new and escalating rounds of tariffs on goods imported from Mexico. Then several companies at two different investor conferences (Deutsche Bank and UBS) confirmed what the data has shown for a few weeks now – the normal seasonal lift in freight volumes hasn't occurred thus far and TL spot market rates are off more than 20 percent.
U.S. Xpress Enterprises Inc (NYSE: USX) has announced a partnership with Operation Freedom Dogs, a nonprofit that provides combat veterans with service dogs to help them reconnect to society. Through the partnership, U.S. Xpress will provide Operation Freedom Dogs with funding for dog adoptions and training programs. "With almost 9 percent of our workforce comprised of veterans, U.S. Xpress proudly supports and values the experience, commitment and work ethic of veterans from all branches of service," said Eric Fuller, president and CEO of U.S. Xpress.
U.S. Xpress Enterprises, Inc. (USX) (the “Company”), the nation’s fifth largest asset-based truckload carrier by revenue, today announced a partnership with Operation Freedom Dogs, a Chattanooga-based nonprofit organization that provides disabled combat veterans with a service dog at no cost. Through the partnership, U.S. Xpress will provide Operation Freedom Dogs with funding for service dog adoptions and training programs. The partnership is the latest addition to U.S. Xpress’ ongoing military initiatives, and couples the Company's Military Appreciation Month efforts.
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 of the electronic logging device (ELD) rule, according to Eric Fuller. Fuller, the CEO of U.S. Xpress (NYSE: USX), made the remarks on a panel at the Wolfe Research Global Transportation Conference in New York Tuesday. "I have a strong opinion on the drug clearinghouse," Fuller said.