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U.S. Xpress Enterprises has joined the repositioning and sharing marketplace vHub, the companies announced Sept. 23.
VHub is a collaborative platform that helps reposition idle trailers. It matches the trailer owners and rental and leasing operations with those needing to use a trailer on a short-term basis.
U.S. Xpress is adding its trailers to the platform.
“We are constantly repositioning equipment to provide efficient and reliable service to customers,” Joe Pricer, vice president of OTR operations at U.S. Xpress, said in a statement. “VHub presents an opportunity to find users to reposition equipment and eliminate the cost of moving trailers back into our network.”
VHub currently has more than 40,000 registered trailers. The company creates a legally binding rental contract and handles invoicing and payments along with the transferring of rental funds to trailer owners.
U.S. Xpress ranks No. 24 on the Transport Topics Top 100 list of the largest for-hire carriers in North America and No. 31 on the Transport Topics Top 50 list of the largest logistics companies. — Transport Topics
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