|Bid||5.39 x 1100|
|Ask||5.42 x 800|
|Day's Range||5.41 - 5.49|
|52 Week Range||4.83 - 16.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||7.68|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
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.
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.
Chattanooga-based truckload (TL) carrier U.S. Xpress (NYSE: USX) provided some color on the company and the freight environment in a fireside chat at the Bank of America Merrill Lynch (BAML) 2019 Transportation and Industrials Conference. President and Chief Executive Officer Eric Fuller provided an overview of the current market, which he described as weaker than the normal seasonality typically seen in April and May. He noted that there was a little life in May, but not the normal seasonal uptick in freight demand that the market usually sees. Other than the environment, USX has some cost levers that can help it achieve the goal.
In a recently released Choice Equities Capital Management's Q1 2019 Investor Letter (track down here), the fund reported 10.5% quarterly return. It also examined several stocks in its equity portfolio, among which was, a new position - U.S. Xpress Enterprises, Inc. (NYSE:USX). We added one new position in the quarter with the acquisition of shares […]
A California federal court dismissed part of a class-action lawsuit against U.S. Xpress (NYSE: USX) that claimed the Chattanooga, Tennessee-based truckload carrier violated the state's meal and rest break laws. The May 3 order by the Central District Court of California dismissed claims by plaintiff Anthony Ayala and approximately 1,000 California truck drivers in a lawsuit filed in 2015. The order was based on the decision by the Federal Motor Carrier Safety Administration (FMCSA) in December pre-empting California's meal and rest break rules.
U.S. Xpress (NYSE: USX), a Chattanooga-based truckload (TL) carrier, held a call with analysts and the media to discuss its first quarter 2019 earnings, which were $0.15 per share compared to the consensus estimate of $0.18. The company said that given the subdued freight market thus far in the quarter it now expects its operating ratio (OR) will be worse year-over-year in the second quarter (second quarter 2018 OR was 93.4 percent). Management said that the OR goal could be achieved if the spot market were to produce a little improvement in both volumes and price.
U.S. Xpress (NYSE: USX ), a Chattanooga-based truckload carrier, reported adjusted earnings per share of $0.15 compared to the consensus estimate of $0.18. USX reported operating revenue of $415.4 million ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of U.S. Xpress Enterprises, Inc. (NYSE:USX) can tell us which group is mos...
Chattanooga, Tennessee-based U.S. Xpress Enterprises, Inc. (NYSE: USX) announced on April 22 it has created a new division, U.S. Xpress Ventures, and has appointed Cameron Ramsdell as president. The newly-formed division will serve as an "internal business unit focused on developing and implementing new asset-based business models and technology strategies," Eric Fuller, president and chief executive of U.S. Xpress said in a release. "Technology and innovation remain a top priority for U.S. Xpress as we work to advance our strategic initiatives, we believe are designed to deliver industry-leading profitability," he said.
The first announcement of the Nikola Motor hydrogen-electric truck brought out a heavy-hitter when it came to an initial fleet interested in trying this new tractor design. "[Nikola's] providing the fuel, so I have a fixed cost, whereas the price of diesel is volatile. Nikola Motor is promising to provide 1 million miles of hydrogen fuel, plus maintenance, tires and some ancillary items such as truck washes as part of a monthly lease program.
U.S. Xpress Enterprises, Inc. (NYSE: USX), announced a partnership with Truckers Against Trafficking (TAT) this week to combat human trafficking. "We believe that as one of the largest truckload carriers in the United States with nearly 7,000 drivers, we have an obligation to assist law enforcement officials in the growing battle against human trafficking," stated Eric Fuller, President and CEO of U.S. Xpress. "We are pleased to welcome U.S. Xpress as a gold level partner as this unique partnership offers U.S. Xpress the impactful opportunity to stop crime on our highways," commented Laura Cyrus, Director of Corporate Engagement for Truckers Against Trafficking.
For the second year in a row, U.S. Xpress Enterprises, Inc. (NYSE: USX) nabbed Procter & Gamble Co's (NYSE: PG) "Carrier of the Year" award. U.S. Xpress driver Tim Keckley was also honored as one of P&G's "Drivers of the Year" during Procter & Gamble's annual carrier summit. "I am impressed with the commitment and dedication evident within our team," said Eric Fuller, President and CEO of U.S. Xpress, in a press release.
Joseph Lipsey III, CEO of Chattanooga-based transportation companies Lipsey Logistics and Lipsey Trucking, was arrested on Tuesday in Aspen, CO, for distribution of cocaine to a minor, three counts of ...
US Xpress Enterprises Inc (NYSE: USX) showcased its competency-aligned driver simulator program at the 2019 LINK supply chain conference in Orlando. The simulator is being introduced as part of US Xpress' Driver Development Program to help US Xpress drivers learn and develop skills over their careers. While other driving simulators are more standardized, US Xpress has customized its driving simulator to reflect conditions on the road.
Over the last year, U.S. Xpress Enterprises Inc (NYSE: USX) has transformed its driver development program, transitioning development from a traditional classroom-style program to an advanced multi-platform ongoing career development center. The new Professional Driver Development program, which made its debut Tuesday morning, uses the best learning and development principles available, and is designed with input from truck driving professionals. "U.S. Xpress' Professional Driver Development program showcases the Company's continued commitment to a better quality of life for drivers, and establishes us as an industry leader as we continue to transform how we manage our operations, technology, and safety procedures," said CEO Eric Fuller.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate U.S. Xpress Enterprises, Inc.Read More...
Shares of US Xpress Enterprises, Inc. (NYSE: USX), a Chattanooga-based truckload carrier, surged to $8.90 Friday morning after the company reported its financial and operating results from the fourth quarter of 2018. USX reported operating revenues of $469.2 million for the quarter, an 8.8 percent year-over-year increase. U.S. Xpress' operating ratio (OR) dropped 160 basis points (bps) year-over-year to 95.5 percent, and the company calculated a non-GAAP adjusted OR of 92.5 percent, a 280-bps improvement compared to the fourth quarter of 2017.
Ben Murphy, a long-time resident of Allen, Texas, was originally from Green Bay, Wisconsin, and maintained his diehard devotion to the Green Bay Packers his entire life. IDSC was creating artificial intelligence in the 1990s and early 2000s that exceeded many of the platforms that are in the market today (but back then no one called it AI). In fact, many of the original optimization, matching, and route guidance systems that have been implemented throughout the industry were based on the work and offerings of Dr. Murphy, his son Ben, and the team at IDSC.