U.S. Xpress Enterprises, Inc.
(NASDAQ:XPRSA) announced the appointment of John Bowes as
President of its Xpress Global Systems subsidiary. Mr. Bowes has
served as the Executive Vice president and general manager of Xpress Global Systems during the past year, and he has held a series of
leadership positions since joining the company in 1993.
Prior to Mr. Bowes' appointment, U.S. Xpress Enterprises, Inc.
Co-Chairman and CEO Max Fuller had also been serving as the President
of Xpress Global Systems. In his new position, Mr. Bowes will oversee
all aspects of Xpress Global Systems' operations, customer service,
sales and marketing, safety and driver recruiting.
"John Bowes has been a driving force in returning our Xpress
Global Systems subsidiary to profitability," said Mr. Fuller. "As we exited the air cargo market in 2005, John's knowledge of the floor
covering logistics, warehousing and distribution markets played a
significant role in our efforts to retool the focus of Xpress Global
Systems. As Executive Vice President and General Manager, John has
combined his extensive knowledge of our operation and customer base
with his ability to lead his team toward a shared goal of improved
results. Most importantly over the past year, John has demonstrated a
proven talent as an agent of positive change in a challenging business
environment."
"John's work as a leader of the turnaround team at Xpress Global
Systems has been very impressive," said U.S. Xpress Co-Chairman
Patrick Quinn. "Max and I first became familiar with John's expertise
during Craig Fuller's tenure as President of Xpress Global. In looking
back at the turnaround of Xpress Global, Craig provided the initial
momentum with the company's exit from the air cargo market. John then
took the next steps as he worked with his team to implement the
internal improvements that have further enhanced Xpress Global Systems
leadership in the markets we serve."
"I appreciate the opportunity to serve Xpress Global Systems and
U.S. Xpress Enterprises in this new role. I also value the trust that
the company's leadership has placed in my abilities," said Mr. Bowes.
"I am looking forward to striving to enhance the position of Xpress
Global Systems in the markets that utilize our services."
U.S. Xpress Enterprises, Inc. is the fifth largest publicly owned
truckload carrier in the United States, measured by revenue. The
Company provides dedicated, regional, and expedited team truckload
services throughout North America, with regional capabilities in the
West, Midwest, and Southeastern United States. The Company is one of
the largest providers of expedited and time-definite services in the
truckload industry and is a leader in providing expedited intermodal
rail services. Xpress Global Systems, Inc., a wholly owned subsidiary,
is a provider of transportation, warehousing, and distribution
services to the floor covering industry. The Company participates in
logistics services through its joint ownership of Transplace, an
Internet-based global transportation logistics company. Additionally,
U.S. Xpress has an 80% ownership interest in Arnold Transportation
Services, Inc., which provides regional, dedicated, and medium
length-of-haul services with a fleet of approximately 1,500 trucks,
and Total Transportation of Mississippi and affiliated companies, a
truckload carrier that provides medium length of haul and dedicated
dry-van service with a fleet of approximately 500 trucks primarily in
the Eastern United States.