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U.S. Xpress Enterprises, Inc. Investigation
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U.S. Xpress Enterprises, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of U.S. Xpress Enterprises, Inc. (“U.S. Xpress” or the “Company”) (NYSE: USX), in connection with the proposed acquisition of the Company by Knight-Swift Transportation Holdings Inc. (NYSE: KNX).  Under the merger agreement, the Company’s shareholders will receive $6.15 in cash for each share of U.S. Xpress owned.  The transaction is valued at approximately $808 million.

Weiss Law is investigating whether (i) U.S. Xpress’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $6.15 per share merger consideration adequately compensates U.S. Xpress’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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