Edited Transcript of USX earnings conference call or presentation 1-Nov-19 12:00pm GMT [Yahoo! Finance News]
U.S. Xpress Enterprises, Inc. Class A (USX)
Last u.s. xpress enterprises, inc. class a earnings: 4/30 06:25 am
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Source: Yahoo! Finance News
Edited Transcript of USX earnings conference call or presentation 1-Nov-19 12:00pm GMT As you think about our results and even more important, as you consider our prospects as the trucking cycle turns, we ask that you keep in mind the following things: First, our Dedicated business, which accounts for approximately 35% of our revenue, continued to perform well through the third quarter. This is a steadier business with longer term contracts that have less exposure to business cycles. I am pleased to report that we delivered another quarter of record performance as we achieved revenue per tractor per week in excess of $4,000. Second, we grew our truckload fleet approximately 5% versus the 2018 quarter, which we attribute to offering professional truck drivers a superior combination of training, equipment, miles, respect and stability through the business cycle as well as a flight to quality amongst the overall driver population. Third, we continue to execute our internal initiatives an
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