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Knight-Swift Transportation Holdings Inc. on July 20 reported that earnings dropped 71% year-over-year in the second quarter.

Knight-Swift Transportation Holdings closed on its previously announced acquisition of U.S. Xpress Enterprises, the company announced July 5.

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.

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

U.S. Xpress Enterprises increased revenue but earnings fell during the fourth quarter of 2022, the company reported Feb. 9.

Ray Harlin Jr., former chief financial officer and president of U.S. Xpress, died Oct. 28, surrounded by family at his home in Chattanooga, Tenn. He was 72.

U.S. Xpress Enterprises reported revenue growth, but earnings were dragged down for the third quarter because of segment results, the company reported Nov. 3.

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.

High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.

U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.