U.S. Xpress Enterprises is “reimagining” its brokerage segment, building and scaling a digital freight marketplace that benefits both carriers and shippers.
The new business unit of the Chattanooga, Tennessee-based truckload carrier, Xpress Technologies, uses carrier optimization to better support shippers as they face supply chain volatility. This system helps move goods on time and provide greater visibility into operations. At the same time, carriers are busier than ever, and Xpress Technologies offers them access to consistent, equitably priced freight, according to the announcement.
“As we digitally transform U.S. Xpress and develop a full suite of transportation solutions built for today’s supply chain, a robust digital brokerage capability has become an increasingly vital component of our long-term growth strategy,” said Eric Fuller, president and CEO of U.S. Xpress. “With Xpress Technologies, we’ve made significant investments in talent and tech that will bring greater visibility, efficiency, and flexibility for shippers and carriers alike.”
The new business unit is led by President Joel Gard. Gard joined U.S. Xpress from Coyote Logistics, where he was responsible for the company’s entry into Europe, expanding its digital brokerage offering to service carriers and shippers in more than 30 countries.
Xpress Technologies is complementary to Variant, the company’s new digital fleet. Variant has quickly scaled to more than 1,000 tractors and incorporates proprietary software that automates load planning and scheduling, enabling trucks to generate more revenue and drivers to take home more money.
The company said that both Variant and Xpress Technologies blend seamlessly with the company’s established Dedicated business unit.