The Journal of Commerce Truckload Capacity Index rose unexpectedly in the third quarter to a four-year high, but that doesn’t mean more tractor-trailers rolled onto highways and up to shipper docks. Instead, the leap in the index reflects a gathering concentration of capacity at the top of trucking’s food chain, as larger motor carriers acquire and absorb smaller companies to secure drivers, equipment and freight revenue.
26 Sep 2013
Knight Transportation is trying to acquire all of the outstanding shares of USA Truck, despite a recent rejection of its acquisition bid by USA Truck’s board of directors...
07 May 2013
USA Truck reported a net loss of $2.5 million in the first quarter of 2013, improving from a net loss of $4.9 million in the first quarter of 2012.
19 Feb 2013
USA Truck has appointed John Simone as president and CEO, as well as a member of the board of directors.
01 Feb 2013
USA Truck reported a net loss of $3.1 million in the fourth quarter of 2012, an improvement compared with the net loss of $4.4 million in the fourth quarter of 2011.