CHATTANOOGA, Tenn.--(BUSINESS WIRE)--U.S. Xpress Enterprises, Inc. (NYSE: USX) (the ‘Company’) today announced the appointment of Jake Lawson to Chief Commercial Officer, and Justin Harness to President, Dedicated division. Lawson will move into Harness’s former role leading sales, pricing and customer engagement, while Harness will lead the Company’s growing Dedicated business. Both appointments are effective this week and are based in the Company’s Chattanooga headquarters. “I’m excited to welcome Jake to the organization and look forward to working with him to cultivate existing customer relationships, tap new markets, and engage with shippers about our innovative solutions,”

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) ("Knight-Swift") and U.S. Xpress Enterprises, Inc. (NYSE:USX) ("U.S. Xpress") today announced an agreement under which Knight-Swift will acquire U.S. Xpress for a total enterprise value of approximately $808 million, excluding transaction costs. The transaction has been unanimously approved by the Board of Directors of Knight-Swift and a Special Committee of the independent directors of the U.S. Xpress Board of Directors ("Special Committee"). It is expected to close late in the second quarter or early third quarter of 2023, subject to customary closing conditions. Highlights Knight-Swift revenue base to grow by nearly 30%; Knight-Swif

Earnings conference call to begin at 5 p.m. ET on Thursday, February 9, 2023 U.S. Xpress Enterprises, Inc. (NYSE:USX) today announced it plans to release its fourth quarter and full year 2022 financial results after the market closes on Thursday, February 9, 2023. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results. Conference Call / Webcast Details: Date: February 9, 2023 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-888-800-8518 International Dial-In Number: 1-646-307-1863 The live webcast and a replay will be available on the U.S. Xpress investor website at investor.usxpress.com. About U.S. Xpress Enterprises Through its sub

U.S. Xpress (NYSE:USX) has once again been recognized as a top employer for military veterans and earned the 2023 Military Friendly Employer® and Military Friendly Spouse Employer® designations by VIQTORY for the seventh consecutive year. The company also received the "Best for Vets" honor by Military Times for the third year in a row. These honors spotlight an ongoing commitment to attracting and retaining military veterans across the organization. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221114005031/en/U.S. Xpress military veterans (L-R) Ly Thi Chan, Bernard Meraba, and Shawn Lance. (Photo: Business Wire) "We're proud to

Earnings conference call to begin at 5 p.m. ET on Thursday, November 3, 2022 U.S. Xpress Enterprises, Inc. (NYSE:USX) today announced it plans to release its third quarter 2022 financial results after the market closes on Thursday, November 3, 2022. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results. Conference Call / Webcast Details: Date: November 3, 2022 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-888-800-8518 International Dial-In Number: 1-646-307-1863 The live webcast and a replay will be available on the U.S. Xpress investor website at investor.usxpress.com. About U.S. Xpress Enterprises Through its subsidiaries, U.S.

Earnings conference call to begin at 5 p.m. ET on Wednesday, August 3, 2022 U.S. Xpress Enterprises, Inc. (NYSE:USX) today announced it plans to release its second quarter 2022 financial results after the market closes on Wednesday, August 3, 2022. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results. Conference Call / Webcast Details: Date: August 3, 2022 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-877-423-9813 International Dial-In Number: 1-201-689-8573 The live webcast and a replay will be available on the U.S. Xpress investor website at investor.usxpress.com. About U.S. Xpress Enterprises Through its subsidiaries, U.S. Xp

The first four Million Miler in company history recognized U.S. Xpress (NYSE:USX) honored 181 professional truck drivers from its U.S. Xpress and Variant brands for their more than 241 million combined miles of safe driving. To put the miles in perspective, that's equal to 9,678 times around the Earth, or more than 500 trips to the moon and back. This group of elite drivers hit these safe driving milestones during the 2021 calendar year and were honored during an awards ceremony this week at the company's Chattanooga, Tenn. headquarters. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220610005589/en/U.S. Xpress celebrates its 20

SAN FRANCISCO and CHATTANOOGA, Tenn., May 06, 2022 (GLOBE NEWSWIRE) -- Embark Trucks, Inc. (NASDAQ:EMBK, "Embark"))), a leading developer of autonomous technology for the trucking industry, today announced that U.S. Xpress (NYSE:USX) has joined the Embark Partner Development Program and plans to add its terminals to the Embark Coverage Map. This partnership marks a significant milestone by adding a fleet's properties into an autonomous truck developer's transfer point network. Embark pioneered the transfer point model in 2019 when the company unveiled its first sites in Los Angeles and Phoenix. Transfer points are used to move freight from driverless, long-haul trucks to driver-enabled tr

Three drivers recognized for driving more than 3 million safe miles each U.S. Xpress (NYSE:USX) honored 153 of its professional truck drivers from its U.S. Xpress and Variant brands for more than 180 million combined miles of safe driving during an awards ceremony this week at the company's Chattanooga, Tenn., headquarters. Drivers achieved these career milestones in 2019 and 2020, but due to the COVID-19 pandemic, were not honored with an in-person ceremony until it was safe to do so. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220429005582/en/U.S. Xpress and Variant 2019 and 2020 Million Milers (Photo: Business Wire) "Profe

Onboards innovative, dual-purpose payment solution for driver and company operations Comdata, Inc., a FLEETCOR company and world leader in payment innovation, today announced a recent partnership with U.S. Xpress (NYSE:USX) to advance and enhance its fleet management operations. U.S. Xpress will implement use of Comdata's OnRoad program to accommodate and facilitate both company and driver purchases. The Comdata OnRoad Card is a universally accepted MasterCard with access to both the Comdata Proprietary and MasterCard Signature Debit networks. With OnRoad, professional drivers can receive fund disbursements (payroll, settlements, reimbursements) and company funds all on one card. Drivers

Earnings conference call to begin at 5 p.m. ET on Thursday, May 5, 2022 U.S. Xpress Enterprises, Inc. (NYSE:USX) today announced its plans to release its first quarter 2022 financial results after the market closes on Thursday, May 5, 2022. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results. Conference Call / Webcast Details: Date: May 5, 2022 Time: 5 p.m. ET Toll-Free Dial-In Number: 1-844-826-3033 International Dial-In Number: 1-412-317-5185 The live webcast and a replay will be available on the U.S. Xpress investor website at investor.usxpress.com. About U.S. Xpress Enterprises Through its subsidiaries, U.S. Xpress Ente

The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. SES AI Corporation (NYSE:SES) SES AI said it is set to join the broad-market Russell 3000® Index. The company’s stock has a 52-week high of $6.42 . RSI Value: 70.48 SES Pric

Upgrades For Meta Platforms Inc (NASDAQ:META), OTR Global upgraded the previous rating of Mixed to Positive. Meta Platforms earned $1.76 in the fourth quarter, compared to $3.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $216.94 and a 52-week-low of $88.10. Meta Platforms closed at $214.75 at the end of the last trading period. According to SMBC Nikko, the prior rating for Shift4 Payments Inc (NYSE:FOUR) was changed from Neutral to Outperform. For the fourth quarter, Shift4 Payments had an EPS of $0.47, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $76.40 and a 52-week-low of $29.41. At the end of the last trading period, Shift4 Pa

JP Morgan analyst Brian Ossenbeck upgrades U.S. Xpress Enterprises (NYSE:USX) from Underweight to Neutral and announces $6.15 price target.

Morgan Stanley analyst Ravi Shanker maintains U.S. Xpress Enterprises (NYSE:USX) with a Equal-Weight and raises the price target from $3 to $6.

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Tuesday. The Dow traded up 0.41% to 32,376.61 while the NASDAQ rose 1.05% to 11,798.39. The S&P 500, also rose, gaining, 0.76% to 3,981.58. Check This Out: Meta Platforms To Rally Over 26%? Here Are 10 Other Analyst Forecasts For Tuesday  Leading and Lagging Sectors Energy shares rose by 3.2% on Tuesday. Meanwhile, top gainers in the sector included Select Energy Services, Inc. (NYSE:WTTR), up 14%, and Hammerhead Energy Inc. (NASDAQ:HHRS), up 14%. In trading on Tuesday, utilities shares fell 2.9%.  Top Headline Existing home sales in the US surged 14.5% to an annual rat

Gainers U.S. Xpress Enterprises, Inc. (NYSE:USX) shares surged 298% to $5.97 after Knight-Swift Transportation agreed to acquire the company for $6.15 per share. Impac Mortgage Holdings, Inc. (NYSE:IMH) gained 94.8% to $0.39. Impac Mortgage Holdings recently posted a Q4 adjusted loss of $0.35 per share. Cerberus Cyber Sentinel Corporation (NASDAQ:CISO) shares jumped 84.6% to $0.4245. Cerberus Cyber Sentinel said it sees Q4 revenue of $14.7 million and sees FY22 revenue of $46.5 million. Quince Therapeutics, Inc. (NASDAQ:QNCX) gained 74.7% to $1.4708 after Echo Lake Capital offered to acquire the company for $1.60 per share in cash. Pear Therapeutics, Inc.. (NASDAQ:PEAR) climbed 39.3%

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 200 points on Tuesday. The Dow traded up 0.65% to 32,455.57 while the NASDAQ rose 0.57% to 11,741.91. The S&P 500, also rose, gaining, 0.70% to 3,979.20. Check This Out: Meta Platforms To Rally Over 26%? Here Are 10 Other Analyst Forecasts For Tuesday  Leading and Lagging Sectors Energy shares rose by 2.5% on Tuesday. Meanwhile, top gainers in the sector included Select Energy Services, Inc. (NYSE:WTTR), up 13%, and Diamond Offshore Drilling, Inc. (NYSE:DO), up 15%. In trading on Tuesday, utilities shares fell 1.4%.  Top Headline Existing home sales in the US surged 14.5% to an annual rate of 4

Knight-Swift Transportation Holdings Inc (NYSE:KNX) has agreed to acquire U.S. Xpress Enterprises Inc (NYSE:USX) for a total enterprise value of ~$808 million, excluding transaction costs. The total enterprise value represents Knight-Swift assuming USX's $484 million of outstanding debt and finance leases and purchasing its outstanding equity for $324 million, or $6.15 per share. The deal represents a 310% premium over USX's closing stock price of $1.50 on Mar. 20, 2023. As part of the deal, Max Fuller, Executive Chairman of U.S. Xpress, and Eric Fuller and related entities will rollover a portion of their shares of USX into an approximately 10% interest in a new Knight-Swift subsidiary

U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Tuesday. Here are some big stocks recording gains in today’s session. U.S. Xpress Enterprises, Inc. (NYSE:USX) shares climbed 298% to $5.97 after Knight-Swift Transportation agreed to acquire the company for $6.15 per share. First Republic Bank (NYSE:FRC) shares gained 29.7% to $15.80 following reports suggesting JP Morgan CEO Jamie Dimon is leading discussions to come up with a new rescue plan for the bank. Also, Treasury Secretary Yellen said the government is prepared to take more action to aid banks, which could be positively impacting the stock. On Holding AG (NYSE:ONON) rose 29.1% to $27.85 after the compa