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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number : 001-38528 U.S. XPRESS ENTERPRISES , INC . Ir Nevada ( State / other jurisdiction of incorporation or organization ) 4080 Jenkins Road Chattanooga , Tennessee ( Address of principal executive offices ) to U.S. Xpress Enterprises , Inc. ( Exact name of registrant as specified in its charter ) Class A Common Stock , $ 0.01 par value per share ( Title of each class ) Large accelerated filer Non - accelerated filer ( 423 ) 510-3000 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : USX ( I.R.S. Employer Identification No. ) 62-1378182 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . Yes > No 37421 ( Zip Code ) The New York Stock Exchange ( Name of each exchange on which registered ) ( Trading Symbol ) Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer > Smaller reporting company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extending transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . > Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes > No The aggregate market value of the common equity held by non - affiliates of the registrant as of June 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , was approximately $ 192.3 million ( based upon the $ 6.00 per share closing price on that date as reported by The New York Stock Exchange ) . In making this calculation the registrant has assumed , without admitting for any purpose , that all executive officers , directors , and affiliated holders of more than 10 % of a class of outstanding common stock , including through groups , and no other persons , are affiliates . As of February 19 , 2021 , the registrant had 34,173,545 shares of Class A common stock and 15,647,095 shares of Class B common stock outstanding . DOCUMENTS INCORPORATED BY REFERENCE Portions of the materials from the registrant's definitive proxy statement for the 2021 Annual Meeting of Stockholders to be held on May 26 , 2021 , have been incorporated by reference into Part III of this Form 10 - K .