U.S. Xpress Enterprises reported revenue growth, but earnings were dragged down for the third quarter because of segment results, the company reported Nov. 3.
The Chattanooga, Tenn.-based truckload carrier posted a net loss attributable to controlling interest of $19.8 million, or a loss of 38 cents a diluted share, for the three months ending Sept. 30. That compared with a loss of $5.48 million, 11 cents, during the same time the previous year. Total operating revenue increased 11.5% to $547.8 million from $491.1 million.