A company set up by current and former USA Truck leadership has bought the Arkansas-based trucking company from DSV and brought it back under private ownership.
USA Truck Comes Home: Leadership Group Acquires Carrier from DSV
USA Truck has returned to private, U.S.-based ownership after a leadership-led acquisition from DSV, bringing the Arkansas-based carrier back under executive control.
January 12, 2026
USA Truck went through a string of leadership changes between 2015 and 2017, restructuring in 2016 amid earnings losses. It was struggling before the pandemic and operating at a loss during the 2019 freight recession, but had made a significant turnaround by the time D.B. Schenker bought it in 2022.
Credit: USA Truck
2 min to read
Last year, Danish freight forwarder DSV said it was looking for buyers for the Van Buren, Arkansas-based trucking company after DSV bought German logistics provider D.B. Schenker. Schenker had purchased USA Truck in 2022 in an effort to expand its U.S. trucking footprint. However, DSV had different priorities.
On January 9, USA Truck’s new owners, UTAC LLC, announced that USA Truck was starting “a new chapter rooted in its 40-plus-year legacy and home state origins.”
Who Are the New Owners of USA Truck?
The principles of UTAC are three former and current USA Truck executives:
George Henry: Current and ongoing CEO, Henry will remain actively engaged in the daily leadership of the business. He has been with USA Truck since 2018 and previously was an executive for Knight Transportation and Transplace.
Zachary King: Former USA Truck CFO. King will support the transition of the business as acting CFO.
James Reed, Former USA Truck CEO and chairman, Reed will support Henry and the business in an advisory capacity. Since leaving USA Truck in 2022, he has worked as COO of Kodiak Robotics, vice president of transportation for Walmart, and is currently an operating partner and senior advisor for Banner Capital Management, a board member of Loram Maintenance of Way, and director of Truck Park Management.
The new owners are embracing the theme, “USA Truck: Back and Built to Last.”
What's Next After the Sale of USA Truck?
“The company is positioned for long-term growth with strong leadership continuity, operational flexibility, and a renewed commitment to customers, employees, and partners,” the company said in a news release.
“We are excited to have USA Truck return to U.S.-based ownership in the great state of Arkansas, where our legacy first laid out roots,” Henry said. "The extensive knowledge and global supply chain insights gained under two of the world's leading freight forwarders are now a permanent part of our operational DNA.
“We will continue the four-decade legacy built by our founder, a U.S. Naval aviator, now fortified by unparalleled global expertise and market solidification. Welcome home, USA Truck!”
Founded in 1983, USA Truck operates 1,800 trucks, 6,000 trailers and has an expansive logistics offering.
DSV said in a release, “USA Truck will be well-positioned for future growth under the new ownership, where its business model and legacy strengths can be fully leveraged."
More Fleet Management
ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
Read More →
New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
Read More →
Fleet Managers Invited to Apply for Exclusive HDT Exchange Event
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster
New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
Read More →
Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
Read More →
DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften
DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.
Read More →
Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.
Read More →
Federal Court Lets NYC Congestion Pricing Continue
A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
Read More →
Fontaine Modification Launches Real-Time Truck Modification Tracking Portal
Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”
Read More →
FTR: Trucking Conditions Index Climbs to Highest Level Since 2022
Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.
Read More →