U.S. Xpress was founded in 1985 by Max Fuller and Patrick Quinn. The company
went public in 1994, selling 2.5 million shares of
common stock. It entered a period of growth in the following years, acquiring a number of transportation companies throughout the country. By 1998, U.S. Xpress was the fifth-largest publicly traded trucking firm in the United States, with a fleet of more than 4,500 vehicles. U.S. Xpress returned to private ownership in 2007, with Fuller and Quinn purchasing it from stockholders. The company went public for a second time in 2018, raising more than $250 million through the stock launch. Investors later filed a lawsuit against the company, alleging that it failed to reveal information before the public offering that it was required to divulge under
securities law. On March 21, 2023,
Knight-Swift Transportation Holdings, one of the largest truckload carriers in North America, announced an agreement to acquire U.S. Xpress for approximately $808 million. == Operations ==