USA Truck garners attention from the Journal of Commerce
by July 6, 2015 4:20 pm 111 views
Van Buren-based USA Truck is ranked No. 43 in the Journal Of Commerce’s Top 50 Trucking Companies for 2014.
The Journal of Commerce and SJ Consulting Group annually rank the top 50 trucking companies and track the group’s progress in the economic recovery. With $602 million in revenue — an 8.6% improvement over 2013 — USA Truck recorded its first annual operating profit since 2008.
“We are pleased that USA Truck is ranked in the top 50 by the Journal of Commerce,” said Tom Glaser, interim chief operations officer for USA Truck. “Our team members have shown a tremendous amount of perseverance over the past two years, facing and overcoming many challenges along the way. There are still many goals to reach as we strive to be even better in 2015 and beyond.”
Officials with the long-haul trucking and logistics company announced 2014 net income of $6.033 million, a more than $15 million swing from the $9.11 million loss in 2014, and a gain that ended five consecutive years of losses. Driving the gains are the non-asset side of USA Truck’s operation. The company’s Strategic Capacity Solutions (SCS) – logistics and freight brokerage – division posted operating income of $20.775 million, more than double the $9 million in 2013.