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U.S. Xpress Recovers from Loss.(earnings of U.S. Xpress Enterprises inc.)(Financial report)(Brief article)

Traffic World

| July 27, 2007 | Gallagher, Thomas L. | COPYRIGHT 2003 All Rights Reserved. (Hide copyright information)Copyright

BYLINE: Thomas L. Gallagher

U.S. Xpress Enterprises, the fourth largest publicly owned truckload carrier in the United States, improved on its first quarter loss with a net income of $2.7 million in the second quarter.

Down 53 percent from a year earlier, this quarter's profit came amid a still soft truckload freight market. Revenue for the second quarter increased 2.8 percent to $400.3 million compared with $389.5 million in the second quarter of 2006.

For the six months ended June 30, 2007, revenue increased 10.5 percent to $761.2 million from $689.2 million in the prior-year period. Net income of $0.1 million compared with net income of $6.5 …

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