Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Corporate Staff Ahead of Knight-Swift Deal

After losses widened in Q1, U.S. Xpress has cut its corporate staff for the third time in the past year as the trucking giant prepares to merge with the larger Knight-Swift Transportation.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 12, 2023
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts Nondriving Staff, Slows Spending

CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 26, 2022
Business, Logistics, For-Hire, TCA

U.S. Xpress Cuts 70 Corporate, IT Jobs

After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 13, 2022
Business, Technology, Equipment, Logistics, TCA

Startup TextLocate Seeks to Improve Freight Tracking

In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 9, 2021
Business, Logistics, Top 50, TCA

Kenco Logistics Adds Fifth California Warehouse

Kenco Logistics, North America’s biggest privately owned third-party logistics provider, has opened another warehouse to serve the Los Angeles market in Perris, Calif.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
September 13, 2019
Business, Logistics, Top 100, TCA

Arrive Logistics Raises $25 Million for Expansion

Freight brokerage company Arrive Logistics announced June 18 that it has raised an additional $25 million for expansion.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 19, 2019
Business, Logistics, Top 100

Western Express to Invest $88 Million, Add 225 Jobs in Tennessee

Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
May 1, 2019
Government, Business, Logistics, TCA

Avenger Logistics Poised to Join Chattanooga’s Roster of Rapidly Growing Firms

Avenger Logistics, a freight brokerage and logistics company created in 2015 by former Gold Bond Inc. owner Don Godsey, is likely to be a top local contender on the 2019 Inc. list after growing from $9 million in sales in 2016 to more than $60 million this year. The company expects to top $100 million in sales next year.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
November 13, 2018
Business, Logistics, TCA

Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga

Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
October 11, 2018
Business, Logistics, TCA, Top 100

U.S. Xpress Revenue Grows 21.4% in Past Year

A three-year turnaround in the operations and culture at U.S. Xpress Enterprises helped the Chattanooga, Tenn., trucking firm raise more than $250 million in an initial stock offering in June and deliver its best operating ratio in two decades this spring.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 3, 2018