With the personnel reduction, divestitures of non-core real estate holdings and other cuts, U.S. The realignment plan is focused on improving the company's over-the-road operations, with limited impact to its Dedicated and Brokerage businesses. “We will have a leaner tech team focused on high-priority projects.” Those IT teams also have stopped work on projects without near term payback, he said.

Highway Services will encompass its legacy OTR, Variant, and Brokerage operations.ĬFO Eric Peterson explained on the conference call that the change means a workforce reduction, “primarily removing duplicative costs as we consolidated corporate IT functions with our tech teams at both Variant and Express Technologies” (its brokerage operations). Dedicated will continue to operate as it does currently. The new streamlined business will be made up of two divisions: Dedicated and Highway Services. Revenue per tractor per week declined sequentially in the second quarter to $3,863 due to a combination of lower utilization within the fleet and a lower rate per mile as a large decline in the spot market portion of its business more than offset a meaningful increase in contracted rates in the quarter. The brokerage business did a little better, but the overall operating ratio was still 99.4% for the first six months. Xpress’ Truckload operating ratio for the first six months of 2022 was 99.9%, compared to 97.9% the first six months of 2021. 56 but after 90 days you get bumped up to the. I believe there taking 1 year OTR verified at a lower mile rate I believe it's. Also Variant has a $2500 transition bonus meaning after your first run you will receive it. If your a good driver and not a slacker you can ask me any questions and I'll help you out. If you want to be home every weekend great and I understand but if you want to make some money check it out. It's minimum 12 days out and 2 day home or 1 week vs 1 day off if you want to run more, and you can select where you want east west mid whatever just send the macro in advance. This is the new innovativation of driving you accept the the load that's available closes to you, no dispatchers playing favorites just you and your truck. But I can say the system they use with your home time is great it calculates the hours you have available. It's all work but I can tell you it's not like Variant yeah it's some of the same BS like hunting down a empty trailer after a drop but hell all miles are paid or getting stuck with a appointment delivery time. I have been doing this work since 2007 everything from oil fields where your not sure you will have a job in 3 months, to pulling reefers being stressed out to push hours because the trailer temp is off, doing flatbed trapping in the freezing rain and being a lease driver. And I can tell you Variant isn't like any other company.

I'm a current driver with Variant under US Xpress.

Variant trucking