Chattanooga, Tenn. – (Dec. 16, 2020) – Depending on the branch, years served, and in what capacity, it’s estimated that anywhere from 11 to 30% of military veterans experience post-traumatic stress following their service. One way to help those struggling can be through the assistance of a service dog. U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced its partnership with Chattanooga-area non-profit organization, Warrior Freedom Service Dogs. This group is dedicated to connecting combat veterans suffering with post-traumatic stress to trained service dogs, rescued from area animal shelters, free of charge.

“From our drivers to shop teams to our office staff, military veterans make up a significant portion of our workforce,” said Eric Fuller, President & CEO of U.S. Xpress. “Warrior Freedom Service Dogs is doing amazing work in pairing veterans struggling with the debilitating effects of post-traumatic stress with a canine specially trained to provide comfort and support.”

In addition to a monetary donation towards dog training, U.S. Xpress is providing a range of in-kind multimedia and communications services, including the development of virtual training content to reach more veterans. Ultimately, the goal is to help train and match more dogs and veterans, identify fundraising and awareness opportunities with company team members, and even help with raising puppies and weekend fostering.

“This generous support from U.S. Xpress will help drive awareness of the work we’re doing and ultimately, help more of our military vets,” said Adam Keith, executive director for Warrior Freedom Service Dogs.

U.S. Xpress is regularly recognized for its commitment to veterans. It’s annually ranked as a top Military-Friendly Company by organizations such as Viqtory and DiversityComm, as well as the Military Times and U.S. Veterans magazines. Approximately 11% of U.S. Xpress drivers and 5% of the company’s office workforce are veterans. In addition to Warrior Freedom Service Dogs, U.S. Xpress supports the Post 9/11 GI Bill® Apprenticeship Program, The National Medal of Honor Heritage Center, Wreaths Across America, and others.

U.S. Xpress Enterprises, Inc.
Through its subsidiaries, U.S. Xpress Enterprises, Inc. (NYSE: USX), 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. For more, visit www.usxpress.com.

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USX Corporate
Source: U.S. Xpress Enterprises, Inc.

Media Contact:
Brad Carmony, PR Director
(901) 568-3088
bcarmony@usxpress.com

Driver turnover, truckload capacity and load volumes significantly impact market

Chattanooga, Tenn. – (Sept. 25, 2020) – U.S. Xpress, Inc., one of the nation’s largest asset-based truckload carriers by revenue, today released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. The full, detailed forecast can be found on the company blog. Three key insights include:

1. Rising Driver Turnover – As the economy slowly recovers, freight volumes will rise and drivers will become an increasingly precious commodity. In recent months, the industry has seen significant increases in driver turnover, which is exacerbated by lower CDL school enrollment and the recently launched Drug and Alcohol Clearinghouse.

2. Diminishing Truckload Capacity – Carrier bankruptcies nearly quadrupled from 2018 to 2019 and continually rising insurance premiums will further hobble small carriers. Concurrently, new truck orders have been on a downtrend until just recently. But even this recent uptick is significantly below most analysts’ calculated replacement demand level. We’ll need to see considerable acceleration in orders to keep pace with freight volumes.

3. Overwhelming Load Volumes – Freight has continued to flow at unprecedented levels with tender volumes significantly higher than just a year ago. The pandemic has resulted in an absence of volume seasonality, where the market skipped over the usual summer lull. Many industry analysts also expect elevated freight volumes to persist through 2021.

“Each of these three themes will greatly influence trucking rates over the next four to six quarters,” said Eric Fuller, President and CEO, U.S. Xpress. “It’s becoming increasingly clear that high tide conditions will persist for a long while, so shippers and carriers will have to plan – and act – accordingly. “

About U.S. Xpress:
U.S. Xpress, Inc., a subsidiary of U.S. Xpress Enterprises, Inc. (NYSE: USX), is one of the nation’s largest asset-based truckload carriers, offering 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.

USX Corporate

Source: U.S. Xpress Enterprises, Inc.

Media Contact:
Brad Carmony, PR Director
U.S. Xpress
(901) 568-3088
bcarmony@usxpress.com