Glancy Prongay & Murray LLP Announces Investigation on Behalf of U.S. Xpress Enterprises, Inc. Investors

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of U.S. Xpress Enterprises, Inc. (“U.S. Xpress” or the “Company”) (NYSE: USX) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On November 1, 2018, U.S. Xpress announced its third quarter 2018 financial results. Therein, the Company reported that utilization in certain trucking divisions was negatively impacted because the Company’s over the road division was required to provide drivers to its dedicated division. Then, on November 2, 2018, U.S. Xpress revealed that it was retaining a new Chief Operating Officer. On this news, U.S. Xpress’s share price fell $3.04 per share, or nearly 30%, to close at $7.10 on November 2, 2018, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/GPM_LLP.

If you purchased U.S. Xpress, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [e-mail], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181113006228/en/