by - February 5, 2014 4:14 pm
The hostile takeover effort against Van Buren-based USA Truck by Knight Transportation is over. At least for now. The two trucking companies announced Tuesday (Feb. 4) the settlement of litigation…
by - December 4, 2013 2:55 pm
Lance O’Daniel has been hired as director of procurement and sustainability at Van Buren-based USA Truck Inc. The appointment represents a homecoming for O’Daniel, who began his career with USA…
by - November 6, 2013 5:36 pm
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…
by - November 4, 2013 2:51 pm
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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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….
