UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 2021
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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(Address of Principal Executive Offices)
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(Zip Code)
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(Registrant’s telephone number, including area code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
□ If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standard provided pursuant to Section 13(a) of the Exchange Act.
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers
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Cameron Ramsdell has been terminated by U.S. Xpress Enterprises, Inc., a Nevada corporation (the “Company”). Mr.
Ramsdell previously served as President, Variant and OTR Operations since September 2020.
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Item 7.01
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Regulation FD Disclosure
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The Company’s Chief Executive Officer, Eric Fuller, commented: “Mr. Ramsdell was instrumental in designing and
developing our digital truckload business, including recruiting a team of developers and technology experts and growing the Variant fleet to 1500 trucks. We thank him for his contributions.”
Mr. Fuller continued: “We have an exceptionally strong and deep team at Variant, including the developers of our
Optimizer. We will continue to operate, grow, and improve Variant from our Atlanta location and expect Variant to continue to be the main growth engine of our Truckload fleet in coming years. While scaling Variant, we see multiple opportunities
for collaboration with subject matter experts in our other operations to improve the value proposition for customers and gain other efficiencies. I am confident the team will be stronger than ever and be better positioned to work collaboratively
and consistent with our culture across the enterprise.”
This Item 7.01 of this report contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange Act and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. Such statements are made based
on the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results or events may differ from those anticipated by forward-looking statements. Please refer to the italicized
paragraph at the end of the earnings press release for the quarter ended September 30, 2021 and various disclosures by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission for information
concerning risks, uncertainties, and other factors that may affect future results.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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U.S. Xpress Enterprises, Inc.
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(Registrant)
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Date: December 13, 2021
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By:
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/s/ Eric A. Peterson
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Eric A. Peterson
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Chief Financial Officer and Treasurer
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