U.S. Xpress Enterprises, Inc. Purchases LTL Airport-to-Airport Business of CRST

Business Wire, July 12, 2004

CHATTANOOGA, Tenn. -- U.S. Xpress Enterprises, Inc. (NASDAQ/NM:XPRSA) today announced that Xpress Global Systems, Inc., a wholly owned subsidiary, purchased the less-than-truckload airport to airport operations of CRST Van Expedited, Inc. The terms of the transaction were not disclosed.

Xpress Global Systems, Inc. and CRST's Major Airport Xpress (MAX) Division are among the largest nationwide providers of airport-to-airport transportation services to the airfreight and airfreight forwarding industries.

"This acquisition compliments our existing airport to airport business by adding density to our current network and enhances our service capabilities to our customers," said Xpress Global Systems, Inc.'s President Bill Lusk. "We are working to ensure a seamless transfer of business and are looking forward to taking advantage of the opportunities provided by this purchase."

U.S. Xpress Enterprises, Inc. is the fifth-largest publicly owned truckload carrier in the United States. The Company provides regional, dedicated and expedited 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 sector. U.S. Xpress focuses on customers operating in dedicated, just-in-time or deferred airfreight market segments, while utilizing one of the largest team-operated fleets in the industry. Xpress Global Systems, Inc., a wholly owned subsidiary, is the leading provider of transportation, warehousing and distribution services to the floor coverings industry as well as airport-to-airport transportation services to the airfreight and airfreight forwarding industries through a network of 81 locations in North America. Xpress Global Systems also provides distribution-related services to a number of other industries, including retail, automotive and building materials. The Company also offers logistic services through its joint ownership of Transplace, an Internet-based global transportation logistics company.

This press release contains certain forward-looking information that is subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Without limitation, these risks and uncertainties include economic recession or downturns in customers' business cycles, rapid fluctuations in fuel pricing or availability, increases in interest rates, the availability of adequate sources of financing and the availability of qualified drivers. Readers are urged to carefully review and consider the various disclosures made by the Company in this press release and in the Company's periodic reports on forms 10-K and 10-Q.