I've been hearing some rumors about U.S. Xpress and their financial situation. I'm wondering if they are really in financial trouble or if it's just speculation. Can anyone confirm or deny this?
6 answers
Alessandra
Wed Nov 13 2024
U.S. Xpress faced financial difficulties without resorting to bankruptcy filings.
Carolina
Wed Nov 13 2024
The company underwent several rounds of layoffs to reduce costs.
SophieJones
Wed Nov 13 2024
These layoffs were a desperate attempt to streamline operations.
DigitalDynastyGuard
Wed Nov 13 2024
Despite these efforts, U.S. Xpress continued to report operating losses.
TimeRippleOcean
Tue Nov 12 2024
The losses began in the second quarter of 2021.