by - November 6, 2013 5:36 pm
USA Truck’s Simone, Beckham talk turnaround plan
It was noted during the Halloween morning interview with USA Truck CEO John Simone that company shares were set to open at $13.35. Within a few minutes of the interview…
Tag: USA Truck
by - November 4, 2013 2:51 pm
Knight dismissive of better numbers at USA Truck
Officials with Knight Transportation say they aren’t impressed with the recent quarterly financials from Van Buren-based USA Truck and maintain that the $9 per share offer “fully and fairly values”…
by - October 24, 2013 1:36 pm
Cade joins USA Truck as VP of maintenance
James Cade has been hired as vice president of maintenance for Van Buren-based USA Truck. Cade most recently served as vice president of field maintenance for National Express Corporation, where…
by - October 17, 2013 8:03 am
Conditions improve, but USA Truck posts another loss
Van Buren-based USA Truck again posted a quarterly loss, but the loss was lower than expected, cash flow improved and revenue was up almost 14% – overall a much-needed improvement…
by - October 10, 2013 10:44 pm
USA Truck files lawsuit against Knight
A “creeping hostile” takeover attempt by Knight Transportation to acquire Van Buren-based USA Truck became even less friendly on Thursday (Oct. 10) when USA Truck officials filed a breach of…
by - October 8, 2013 4:48 pm
Knight ‘serious’ about bid to acquire USA Truck
USA Truck was able to avoid one takeover attempt, but some market watchers say the Van Buren-based trucking company may not be able to push back against the takeover attempt…
by - September 30, 2013 11:00 am
Knight ratchets up takeover bid for USA Truck
Knight Transportation on Monday (Sept. 30) turned up the heat in what is clearly a hostile takeover attempt of Van Buren-based USA Truck. Officials with Phoenix, Ariz.-based Knight announced they…
by - September 26, 2013 9:00 am
USA Truck faces another takeover attempt (Updated II)
Van Buren-based USA Truck faces a second takeover attempt in less than two years, with Knight Transportation on Thursday morning going public with a $9 per share bid as part…
by - September 17, 2013 3:00 pm
USA Truck adds two to exec management jobs
Van Buren-based USA Truck has hired Russell Overla as executive vice president, Truckload Operations, and Jeff Lester as executive vice president, Safety and Risk Management. Lester and Overla have a…
by - July 24, 2013 5:14 pm
USA Truck posts another loss but financials improve
The financials are improving but the losses continue at Van Buren-based USA Truck, with the trucking company reporting Wednesday (July 24) a first half 2013 loss of $3.5 million, better…
by - May 13, 2013 12:11 pm
USA Truck recognizes safe drivers
Van Buren-based USA Truck inducted 13 new members into the President’s Million Mile Club and honored six existing members reaching new safe driving milestone levels during a luncheon May 4…
by - May 6, 2013 8:12 am
USA Truck posts $2.5 million first-quarter loss
Even with a new CEO, business remains tough for Van Buren-based USA Truck, which on Monday reported a $2.5 million loss for the first quarter of 2013. However, the loss…
by - February 26, 2013 8:31 am
USA Truck named Alcoa Tier 1 Carrier of the Year
It’s not all bad news at Van Buren-based USA Truck. Alcoa has announced that USA Truck is the Tier 1 2012 Carrier of the Year for providing “outstanding dry van…
by - February 18, 2013 10:18 am
USA Truck names new CEO (Updated)
Officials with USA Truck announced Monday (Feb. 19) that John Simone, 51, will be the company’s new president and CEO, with former CEO Cliff Beckham, 41, to become the executive…
by - January 31, 2013 9:50 am
2012 loss hits $17.5 million for USA Truck
A $17.54 million net loss during 2012 for Van Buren-based USA Truck begs the question: How much longer can the company operate in the red? Cliff Beckham, USA Truck president…
by - December 20, 2012 12:35 pm
Glaser named COO of USA Truck
Trucking industry veteran Thomas Glaser, who was hired as a consultant by Van Buren-based USA Truck in November, has been named chief operations officer of the struggling trucking company. Glaser,…
by - November 8, 2012 11:14 pm
USA Truck takes move to prevent hostile takeover
Financially troubled USA Truck on Thursday (Nov. 8) announced a “stockholders’ rights plan” that seemingly protects the company from a hostile takeover following a rapid share-price decline that has seen…
by - October 26, 2012 7:08 pm
USA Truck posts big quarterly income loss – again
Van Buren-based USA Truck reported Friday that its third quarter revenue fell 2.3% and it lost $6.1 million in the quarter compared to a 2011 third-quarter loss of $4.3 million….
by - August 24, 2012 4:18 pm
USA Truck signs new credit deal
USA Truck on Friday (Aug. 24) announced a new credit agreement a few weeks ahead of a period set to begin on Sept. 7 in which the trucking company would…
by - August 9, 2012 5:59 pm
‘Cloudy’ outlook noted for USA Truck
The financial struggles at Van Buren-based USA Truck are likely to continue and another attempt could be made to buy out the company, according to Alex Gray, founder of Grayvest…