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USX News and Press, U.S. Xpress Enterprises Inc. Class A From 04/08/21

Stock Information

Company Name: U.S. Xpress Enterprises Inc. Class A
Stock Symbol: USX
Market: NYSE
Website: usxpress.com

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USX - U.S. Xpress Enterprises, Inc. Announces First Quarter 2021 Financial Results Release Date and Conference Call

U.S. Xpress Enterprises, Inc. (NYSE:USX) (the “Company”) today announced that it will release its first quarter 2021 results after market close on Thursday, April 22, 2021 and will host a conference call at 5:00 p.m. (Eastern Time) the same day. The conference call can...

USX - Self-driving truck startup TuSimple to offer ~33.8M shares in IPO at $35-$39

TuSimple Holdings (TSP) to offer 33,783,783 shares of its Class A common stock at an estimated price between $35-$39 per share.The offering consists of 27,027,027 shares offered by the company and 6,756,756 shares by a selling stockholder.Underwriters' over-allotment is an additional 5,0...

USX - Schneider, Landstar and U.S. Xpress cut at Stephens on valuation check

Stephens takes a look at the impact on trucking names for the disruption and dislocation across the U.S. supply chain. The firm notes that the capacity situation in the truckload market is only getting more constrained due to a shortage of labor, tractors and trailers. Sector view: "With inve...

USX - U.S. Xpress called an idiosyncratic favorite at Morgan Stanley

Morgan Stanley keeps an Overweight rating on U.S. Xpress Enterprises (USX) after meeting with management. The firm says it continues to view USX as the most idiosyncratic story in trucking, which is called a good thing given the ongoing debate about the cycle peak. However, investors are advi...

USX - Self-driving truck startup TuSimple files for IPO

Self-driving startup company TuSimple (TSP) files for an IPO.The number of shares to be offered and the price range for the proposed offering have not yet been determined. Two classes of shares will be traded.TuSimple says it is developing the world's most advanced self-driving technologies s...

USX - U.S. Xpress Spotlights Industry-Leading Initiatives in Safe Trucking Report

Expert insight and consumer sentiment highlight company’s road safety practices U.S. Xpress Enterprises, Inc. (NYSE: USX) today released a Safe Trucking Report which details a few of its industry-leading road safety practices including robust liability insurance, ...

USX - U.S. Xpress Enterprises Inc. Announces Virtual Participation at the B. Riley Securities Sustainable Energy & Technology Conference

U.S. Xpress Enterprises, Inc. (NYSE: USX) the nation’s fifth largest asset-based truckload carrier by revenue, today announced that Eric Fuller, President and Chief Executive Officer, and Eric Peterson, Chief Financial Officer, will participate in a fireside chat at the B. Riley ...

USX - BofA bullish on trucking as cyclical recovery hits higher gear

Bank of America turns positive on the trucking sector again after sitting on the sidelines through the winter. Truck stocks are called well positioned for a strong 2021 cyclical recovery "While our November Truck downgrade was driven by rapidly rising capacity concerns, we believe these have ...

USX - Stock picks for the zero-emission commercial vehicle transition

Morgan Stanley takes a deep dive into the impact of the adoption of alternative powertrains in the commercial vehicle industry. The firm notes the combination of stricter emissions regulations, battery advancements, increasing viability of Green Hydrogen and influx of fresh capital in Zero Em...

USX - Transportation stocks on watch as U.S. import data runs strong

Import data for U.S. ports was reported strong for January.The Port of Long Beach saw a 17.5% Y/Y loaded inbound TEUs increase during the month, while the Port of Los Angeles (+5.5%), Georgia Ports (+23.2%), Northwest Seaport (+10.9%), Port of Virginia (+20.1%) and the Port of Oakland (+11.9%...

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