vHub, a collaborative trailer repositioning and sharing marketplace, announced that Chattanooga, Tennessee-based U.S. Xpress, Inc., one of the largest truckload carriers by revenue in the U.S. and a subsidiary of U.S. Xpress Enterprises, Inc., is adding its trailers to the vHub platform.
“We are constantly repositioning equipment to provide efficient and reliable service to customers,” said Joe Pricer, vice president, OTR operations for U.S. Xpress. “vHub presents an opportunity to find users to reposition equipment and eliminate the cost of moving trailers back into our network.”
vHub is a growing community with over 40,000 registered trailers that turns unused trailers into revenue generating equipment by making them available to short term users in a secure, trusted, digital platform. In the online vHub platform search results can be sorted by location, routes, and destinations, and the number of rental days that a trailer is needed or available. vHub creates a legally binding rental contract, handles invoicing and payments, and transfers rental funds to trailer owners.
“The U.S. Xpress support of our platform illustrates how valuable it can be for the trucking industry,” said Francis Roy, vice president of vHub. “vHub is improving trailer utilization by effectively repositioning units where they are needed and saving owners from the expense of empty miles. With vHub, trailer owners also have an opportunity to generate revenue by choosing to make excess and idle trailers available to rent. Efficiently moving freight is how U.S. Xpress improves profitability, so we are pleased they have chosen vHub to help with that effort.”
