U.S. Xpress downgraded to underperform from buy at BofA Securities

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U.S. Xpress Enterprises Inc. Cl A

U.S. Xpress Enterprises, Inc. engages in the provision of truckload carrier services. It operates though the Truckload and Brokerage segments. The Truckload segment offers asset-based truckload services, including the over-the-road and dedicated contract services. The Brokerage segment is involves in non-asset based freight brokerage services. The company was founded by Max L. Fuller and Patrick Quinn in 1985 and is headquartered in Chattanooga, TN.

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