Truckload carrier U.S. Xpress Enterprises recently announced it has completed the acquisition of a 49 percent interest in Abilene Motor Express, Inc., a Richmond, Via.-based truckload carrier.
The Abilene management team will remain in place and together will control 51 percent of Abilene. Abilene will operate independently from U.S. Xpress, utilizing Abilene¡¯s current facility in Richmond, Va.
Abilene is a truckload carrier that provides medium length of haul and dedicated dry van truck services, primarily in the eastern United States. Abilene currently operates approximately 170 tractors and 534 trailers.
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.