About US Xpress
US Xpress is a company based in Chattanooga (United States) founded in 1986 by Patrick Quinn and Max Fuller was acquired by Knight-Swift in March 2023.. US Xpress has raised $275 million across 2 funding rounds from investors including Knight-Swift. US Xpress has completed 1 acquisition, including Arnold Transportation. US Xpress offers products and services including Freight Hauling Service, Driver Programs, and Shipping Solutions.
- Headquarter Chattanooga, United States
- Founders Patrick Quinn, Max Fuller
- Stage Public
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Email
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Phone
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Website
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Social
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- Legal Name U.S. Xpress, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$275 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Knight-Swift
(Mar 21, 2023)
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Products & Services of US Xpress
US Xpress offers a comprehensive portfolio of products and services, including Freight Hauling Service, Driver Programs, and Shipping Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Reliable truckload delivery for shipping goods efficiently
Support for drivers including referrals and training
Platform for efficient freight quotes and inquiries
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Leadership Team
16 people
Software Development Team
9 people
Finance and Accounting
8 people
Logistics Team
4 people
Product Management Team
4 people
Senior Team
4 people
Legal and Compliance
4 people
Data Analysis and Operations Team
3 people
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Funding Insights of US Xpress
US Xpress has successfully raised a total of $275M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(30 May 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2014 | Amount | Private Equity Round - US Xpress | Valuation |
investors |
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| May, 2014 | Amount | Debt – Conventional - US Xpress | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in US Xpress
US Xpress has secured backing from 1 investor. Prominent investors backing the company include Knight-Swift. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Full truckload carrier services are provided nationwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by US Xpress
US Xpress has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arnold Transportation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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American trucking carrier
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1932 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - US Xpress
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Us Xpress Comparisons
Competitors of US Xpress
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about US Xpress
When was US Xpress founded?
US Xpress was founded in 1986 and raised its 1st funding round 28 years after it was founded.
Where is US Xpress located?
US Xpress is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.
Who is the current CEO of US Xpress?
Max Fuller is the current CEO of US Xpress. They have also founded this company.
Is US Xpress a funded company?
US Xpress is a funded company, having raised a total of $275M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $275M, raised on May 30, 2014.
What does US Xpress do?
US Xpress was founded in 1986 and is headquartered in Chattanooga, United States. Operations are conducted in the transportation sector as an asset-based truckload carrier. Services include full-truckload shipping across domestic routes, with a fleet managed directly by the company. Leadership is provided by co-founders Patrick Quinn as President and Max Fuller as CEO. Focus is placed on reliable freight movement within the North American market.
What products or services does US Xpress offer?
US Xpress offers Freight Hauling Service, Driver Programs, and Shipping Solutions.
How many acquisitions has US Xpress made?
US Xpress has made 1 acquisition, including Arnold Transportation.
Who are US Xpress's investors?
US Xpress has 1 investor. Key investors include Knight-Swift.
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