 | |
| Company type | Subsidiary |
|---|---|
| Industry | Freight transport |
| Founded | 1985 |
| Headquarters | , U.S. |
| Parent | Knight-Swift |
| Website | www |
U.S. Xpress (USX) is an American trucking company headquartered in Chattanooga, Tennessee, that has operated as a subsidiary of Knight-Swift since 2023. The company offers truckload shipping and other transportation services across North America.
U.S. Xpress was founded in 1985 by Max Fuller and Patrick Quinn. [1]
The company went public in 1994, selling 2.5 million shares of common stock. It entered a period of growth in the following years, acquiring a number of transportation companies throughout the country. By 1998, U.S. Xpress was the fifth-largest publicly traded trucking firm in the United States, with a fleet of more than 4,500 vehicles. [1]
U.S. Xpress returned to private ownership in 2007, with Fuller and Quinn purchasing it from stockholders. [1] [2]
The company went public for a second time in 2018, raising more than $250 million through the stock launch. [3] [4] Investors later filed a lawsuit against the company, alleging that it failed to reveal information before the public offering that it was required to divulge under securities law. [5]
On March 21, 2023, Knight-Swift Transportation Holdings, one of the largest truckload carriers in North America, announced an agreement to acquire U.S. Xpress for approximately $808 million. [6] [7] [8]
As of 2025 [update] , U.S. Xpress has a dedicated fleet of 2,000 trucks with 2,300 drivers. [9] The company operates eleven terminals across the United States. [10]
