Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. (NYSE: KNX). Under the terms of the proposed transaction, shareholders of U.S. Xpress will receive $6.15 in cash for each share of U.S. Xpress that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
BALA CYNWYD, Pa., April 04, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
BALA CYNWYD, Pa., March 30, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. (NYSE: KNX). Under the terms of the proposed transaction, shareholders of U.S. Xpress will receive $6.15 in cash for each share of U.S. Xpress that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. for $6.15 per share in cash is fair to U.S. Xpress shareholders.
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.
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.
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.
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.
U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced a realignment plan focused on improving operating profitability and cash flow as well as reducing balance sheet leverage.
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.
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.
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.
San Diego, CA -- (SBWIRE) -- 03/30/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at U.S. Xpress Enterprises, Inc.
U.S. Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast covering the first half of 2022, which highlights trends and updates specific to the logistics industry. The full, detailed forecast can be found on the company website. Four key themes emerged for the first half of 2022:
Today, Aurora Innovation, Inc. (NASDAQ: AUR) and U.S. Xpress Enterprises Inc. (NYSE: USX), one of the largest asset-based truckload carriers in the U.S., announced a collaboration to explore the deployment of the Aurora Driver within U.S. Xpress operations. This strategic collaboration is designed to fine-tune Aurora’s autonomous Driver-as-a-Service product, Aurora Horizon, for efficient deployment at commercial scale.
U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced that it will release its fourth quarter and full year 2021 financial results after the market closes on Wednesday, February 9, 2022. U.S. Xpress will host a conference call and simultaneous webcast at 5 p.m. ET the same day to discuss its results.
U.S. Xpress Enterprises, Inc. (NYSE: USX) today announced significant progress in key metrics gauging its commitment to its communities and team members. Released earlier in 2021, the Company’s Corporate Responsibility Report outlines metrics to strengthen community involvement and programs that support its nearly 10,000 team members through an inclusive and diverse workforce. Progress this year includes:
U.S. Xpress Enterprises, Inc. (NYSE: USX) (the “Company”) today announced that Eric Fuller, President and Chief Executive Officer, and Eric Peterson, Chief Financial Officer, will participate in a fireside chat at the Stephens Annual Investment Conference at 2:00 p.m. Eastern Time on Thursday, December 2, 2021.
