August 3, 2016 - Industry News
Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.
Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings
May 5, 2016 - Industry News
Loose capacity and a sluggish economy in the first quarter helped drive down earnings for Roadrunner, XPO and USA Truck.
Tags: Roadrunner Transportation, USA Truck, XPO Logistics, Fleet Earnings
April 26, 2016 - Industry News
Signaling an increased strategic focus on logistics, USA Truck has re-branded its asset-light logistics business, formerly known as Strategic Capacity Solutions, to USAT Logistics.
Tags: USA Truck, Logistics, Rebranding
February 2, 2016 - Industry News
UPS Inc. reported its profit skyrocketed in the fourth quarter of the year, totaling $1.33 billion compared to $453 million a year earlier as the company also beat an earnings forecast. USA Truck and Ryder also saw higher profits.
Tags: Economy, UPS, Ryder System, USA Truck, UPS Freight, Fleet Earnings
January 19, 2016 - Industry News
USA Truck has appointed John R. Rogers as president and chief executive officer. He replaces Thomas Glaser, who will remain on the board and was appointed vice chairman.
Tags: Leadership, People, USA Truck
November 4, 2015 - Industry News
XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.
August 13, 2015 - Industry News
USA Truck has implemented its Choose Your Hometime initiative that allows over-the-road driving team members to select when and where they take time off.
Tags: Driver Shortage, USA Truck
August 4, 2015 - Industry News
Roadrunner Transportation Systems Inc. on Tuesday reported increases for both profit and revenue for the second quarter of the year.
Tags: USA Truck, Fleet Earnings, Roadrunner Transportation, Economy
July 9, 2015 - Industry News
John M. Simone has resigned from his position as chief executive officer and director to focus on treatment and recovery from lung cancer.
May 5, 2015 - Industry News
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
Tags: Earnings, USA Truck
February 11, 2015 - Industry News
USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.
December 2, 2014 - Industry News
He will be responsible for refining and enhancing the Arkansas-based company’s route network as it continues with its growth strategy, according to a news release.
Tags: People, USA Truck
November 20, 2014 - Industry News
USA Truck expanded its Dedicated Freight team with the hiring of Greg B. Lutes as vice president and general manager.
Tags: Leadership, Hiring, People, USA Truck
November 3, 2014 - Industry News
Transportation and logistics provider USA Truck Inc. has announced earnings for the third quarter of the year showing its most profitable quarter in eight years and its second straight quarterly profit.
September 23, 2014 - Industry News
Michael K. Borrows is the new CFO of USA Truck, replacing Clifton R. Beckham, who previously announced his resignation as executive vice president and chief financial officer.
Tags: People, USA Truck, Quality Distribution
August 26, 2014 - Industry News
One of USA Truck’s minority investors and its manager are calling for changes within the trucking company, including selling off all or part of to ousting its current leader.
Tags: USA Truck, Mergers & Acquisitions
July 31, 2014 - Industry News
“While continuing the work of implementing our turnaround plan, the progress we are making is evident in virtually every area of our business,” said President and CEO John Simone.
May 30, 2014 - Industry News
The trucking company USA Truck announced the appointment of Alexander D. Greene to its board of directors. With the addition of Greene, the USA Truck Board expands to 10 members.
May 23, 2014 - Industry News
The trucking company USA truck on Friday said it has reached an agreement with its largest shareholders who hold approximately a 28% stake in the company.
Tags: USA Truck
May 8, 2014 - Industry News
USA Truck released a statement about the hedge funds Baker Street Capital and Stone House Capital now holding a joint 28% interest in the company.
April 30, 2014 - Industry News
Arkansas-based truckload carrier and logistics provider, USA Truck, cut its net loss from $2.5 million in the first quarter of last year to $1.6 million in the first quarter of this year. This resulted in a diluted loss per share of 15 cents compared to 24 cents during the same time frame.
Tags: Covenant Transport, Earnings, USA Truck
February 11, 2014 - Industry News
Trucking and logistics provider USA Truck saw its fourth quarter losses widen compared to a year ago but reduced it 2013 compared to the year before.
February 5, 2014 - Industry News
Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.
Tags: USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation
November 13, 2013 - Industry News
USA Truck Inc. announced the conversion of its Atlanta terminal to a continuous, full-service operations and support center. USA Truck also plans to hire additional drivers to increase its presence throughout the Southeast.
Tags: Expansion, USA Truck
November 4, 2013 - Industry News
Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.
Tags: USA Truck, Mergers & Acquisitions, Knight Transportation
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