Through its subsidiaries, U.S. Xpress Enterprises, Inc., offers customers over-the-road, dedicated, and brokerage services. Founded in 1985, the Company utilizes a combination of smart technology, a modern fleet of tractors and a network of highly trained, professional drivers to efficiently move freight for a wide variety of customers. U.S. Xpress implements a range of digital initiatives and technology to drive innovation in the industry, streamline the value chain for customers and improve the overall driver experience.
Company profile
Ticker
USX
Exchange
Website
CEO
Eric Fuller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Xpress Holdings, Inc. • Xpress Technologies, Inc. • U.S. Xpress, Inc. • Xpress Assurance, Inc. • U.S. Xpress Leasing, Inc. • Mountain Lake Risk Retention Group, Inc. • Transportation Assets Leasing Inc. • Transportation Investments Inc. • Total Logistics Inc. • Total Transportation of Mississippi LLC ...
IRS number
621378182
USX stock data
News
Stocks That Hit 52-Week Lows On Wednesday
22 Jun 22
10 Industrials Stocks Moving In Friday's Intraday Session
3 Jun 22
12 Industrials Stocks Moving In Wednesday's After-Market Session
1 Jun 22
12 Industrials Stocks Moving In Tuesday's Intraday Session
10 May 22
92 Biggest Movers From Friday
9 May 22
Press releases
U.S. Xpress Honors 181 Professional Drivers for 241 Million Safe Miles
10 Jun 22
Embark and U.S. Xpress Partner to Prepare Nationwide Terminal Network for Autonomous Transfer Point Operations
6 May 22
U.S. Xpress Reports First Quarter 2022 Financial Results
5 May 22
U.S. Xpress Honors 153 Professional Drivers for 180 Million Safe Miles
29 Apr 22
U.S. Xpress Goes "OnRoad" With Comdata
22 Apr 22
Calendar
4 May 22
26 Jun 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.58M | 2.58M | 2.58M | 2.58M | 2.58M | 2.58M |
| Cash burn (monthly) | 1.04M | 149.08K | 3.71M | 321.58K | 1.9M | (no burn) |
| Cash used (since last report) | 2.98M | 428.05K | 10.64M | 923.34K | 5.45M | n/a |
| Cash remaining | -403.27K | 2.15M | -8.07M | 1.66M | -2.87M | n/a |
| Runway (months of cash) | -0.4 | 14.4 | -2.2 | 5.1 | -1.5 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Jun 22 | Nash Dennis Alan | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,843 | 0 | 33,467 |
| 15 Jun 22 | Nash Dennis Alan | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,843 | 0 | 0 |
| 15 Jun 22 | John C Rickel | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,843 | 0 | 140,967 |
| 15 Jun 22 | John C Rickel | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,843 | 0 | 0 |
| 15 Jun 22 | Jennifer Buckner | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,843 | 0 | 19,113 |
| 15 Jun 22 | Jennifer Buckner | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,843 | 0 | 0 |
| 15 Jun 22 | Ducker Michael L | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,843 | 0 | 28,794 |
| 15 Jun 22 | Ducker Michael L | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,843 | 0 | 0 |
| 15 Jun 22 | Braman Edward Hall | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 6,843 | 0 | 63,467 |
| 15 Jun 22 | Braman Edward Hall | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 6,843 | 0 | 0 |
Institutional ownership, Q1 2022
| 13F holders | Current |
|---|---|
| Total holders | 90 |
| Opened positions | 22 |
| Closed positions | 16 |
| Increased positions | 26 |
| Reduced positions | 29 |
| 13F shares | Current |
|---|---|
| Total value | 311.75M |
| Total shares | 38.14M |
| Total puts | 10K |
| Total calls | 32.7K |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Fuller Max L | 16.23M | $238.67M |
| Aristotle Capital Boston | 3.11M | $12.07M |
| Quinn Patrick Brian | 2.01M | $0 |
| Daly Renee A | 1.96M | $0 |
| TROW T. Rowe Price | 1.67M | $6.48M |
| BLK Blackrock | 1.63M | $6.33M |
| Vanguard | 1.33M | $5.15M |
| Fuller Stephen Craig | 1.11M | $7.62M |
| Becker Capital Management | 868.67K | $3.37M |
| Royce & Associates | 864.99K | $3.36M |
Financial report summary
?Management Discussion
- We generate revenue from two primary sources: transporting freight for our customers (including related fuel surcharge revenue) and arranging for the transportation of customer freight by third-party carriers. We have two reportable segments: our Truckload segment and our Brokerage segment. Truckload revenue, before fuel surcharge and truckload
- fuel surcharge are primarily generated through trucking services provided by our two Truckload service offerings (OTR and dedicated contract). Brokerage revenue is primarily generated through brokering freight to third-party carriers.
- Our total operating revenue is affected by certain factors that relate to, among other things, the general level of economic activity in the United States, customer inventory levels, specific customer demand, the level of capacity in the truckload and brokerage industry, the success of our marketing and sales efforts and the availability of drivers, independent contractors and third-party carriers.
Content analysis
?| Positive | ||
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H.S. sophomore Avg
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New words:
appraised, Arnold, chasing, computer, deprecation, deteriorate, discounted, expansion, flow, idea, impairment, obsolete, occurred, overhead, recoverable, softer, thereof, transition, translated, undiscounted, write
Removed:
Additionally, application, ASC, ASU, broader, chain, chip, Codification, converted, delivered, deny, FASB, Government, greatly, grew, impacting, lid, lowest, notable, organization, package, phase, procurement, reaching, recruit, remained, renewed, residing, short, shortage, simplify, strong, supportive, track, underperforming
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
31 May 22
8-K
Departure of Directors or Certain Officers
13 May 22
8-K
U.S. Xpress Reports First Quarter 2022 Financial Results
4 May 22
8-K
Departure of Directors or Certain Officers
1 Mar 22
8-K
U.S. Xpress Enterprises Reports Fourth Quarter 2021 Results
9 Feb 22
8-K
Departure of Directors or Certain Officers
13 Dec 21
8-K
U.S. Xpress Enterprises Reports Third Quarter 2021 Results
21 Oct 21
8-K
Departure of Directors or Certain Officers
17 Sep 21
8-K
U.S. Xpress Enterprises Reports Second Quarter 2021 Results
22 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
1 Jun 21
Registration and prospectus
S-8
Registration of securities for employees
17 Jun 20
S-8
Registration of securities for employees
18 Jun 18
424B4
Prospectus supplement with pricing info
15 Jun 18
8-A12B
Registration of securities on exchange
12 Jun 18
FWP
Free writing prospectus
10 Jun 18
S-1/A
IPO registration (amended)
23 May 18
S-1
IPO registration
7 May 18
DRS
Draft registration statement
20 Mar 18
Proxies
DEFA14A
Additional proxy soliciting materials
14 Apr 22
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEFA14A
Additional proxy soliciting materials
14 May 20
DEFA14A
Additional proxy soliciting materials
17 Apr 20
PRE 14A
Preliminary proxy
3 Apr 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
Ownership
4
US XPRESS ENTERPRISES / Jon Beizer ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / Edward Hall Braman ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / Jennifer Buckner ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / MICHAEL L DUCKER ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / Dennis Alan Nash ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / John C Rickel ownership change
17 Jun 22
4
US XPRESS ENTERPRISES / William Eric Fuller ownership change
15 Jun 22
4
US XPRESS ENTERPRISES / Jason Grear ownership change
15 Jun 22
4
US XPRESS ENTERPRISES / Eric A. Peterson ownership change
15 Jun 22
4
US XPRESS ENTERPRISES / Bryan A. Johnson ownership change
2 Jun 22
Transcripts
2022 Q1
Earnings call transcript
8 May 22
2022 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
22 Oct 21
2021 Q2
Earnings call transcript
23 Jul 21
2021 Q1
Earnings call transcript
23 Apr 21
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
23 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
3 May 20
2019 Q4
Earnings call transcript
7 Feb 20
Reddit threads
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Plays May 01, 2022
1 May 22
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18 Apr 22
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12 Apr 22
Picks for 2022-02-25
25 Feb 22
Daily Discussion Thread - February 9th, 2022
9 Feb 22
Daily Discussion Thread - February 8th, 2022
8 Feb 22
Daily Discussion Thread - February 7th, 2022
7 Feb 22
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