Although a large carrier, Celadon’s fleet size and revenue are just drops in the US truckload bucket. The biggest impact of its bankruptcy may be in Mexico.
Wednesday April 1, 2020
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USA Truck
USA Truck news and analysis. Get the latest news about USA Truck and the trucking industry.
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Press Releases
15 Oct 2019
Shippers are being urged to plan carefully for 2020, as signs begin to indicate the US truck market may swing again next year.
03 Mar 2017
USAT Logistics, the non-asset arm of USA Truck, opens a Mexican subsidiary.
04 Nov 2016
Truckload companies USA Truck and Celadon Group are not waiting for a recovery in the truckload market to materialize and pull them out of the red, instead working to get into the black with a stronger focus on their asset-light brokerage businesses.
13 Oct 2016
The truckload carrier is reducing the size of its company fleet but hopes a pay hike will attract more independent contractors.
30 Mar 2016
John Simone, who as CEO led USA Truck back to profitability after years of losses before taking a medical leave of absence last year, has died at the age of 54 after a battle with lung cancer.
03 Feb 2016
USA Truck recorded improved profits and operating ratios for both the fourth quarter and full year of 2015, despite double-digit drops in revenue, even excluding fuel surcharges, for both periods.
04 Nov 2015
USA Truck’s profit and revenue fell by double-digits in the third quarter as it works to restructure operations and implement new technology.
29 Sep 2015
Former Con-way executive joins USA Truck as the truckload carrier continues to build profitability.
04 Aug 2015
By cutting 800 higher cost older tractors from its fleet this year, USA Truck hopes to make more money with less capacity. The truckload carrier increased its net profit by $1.7 million in the second quarter to $2.5 million, while revenue dropped.
13 Jul 2015
USA Truck is changing CEOs, but not the strategies that helped the truckload carrier return to profit last year after several years of losses.
06 May 2015
USA Truck posted its first profitable first quarter in eight years this week. It also marks the fourth consecutive profitable quarter for the firm as it pursues a new corporate strategy as a “capacity solutions provider,” the company said.
06 Apr 2015
John Simone, the CEO who drove USA Truck back to profitability last year after several years of losses, will take medical leave. Director Thomas Glaser will serve as interim chief operating officer.
26 Feb 2015
Fresh from its first profitable year since the recession, USA Truck signed an agreement with two of its leading investors that will allow those firms to sell some of their stock.
20 Feb 2015
The publicly owned trucking companies tracked by JOC.com finished 2014 with $41.5 billion in combined revenue, a 10.9 percent improvement over 2013 attributed to growing industrial output, imports, exports and consumer confidence.
18 Feb 2015
Shippers could see truck pricing 'skyrocket' as they scramble to move containers inland once the labor situation at U.S. West Coast ports is resolved, BB&T Capital Markets said.
13 Feb 2015
After a strenuous overhaul of its business model to better match evolving shipper supply chain needs, USA Truck returned to profitability in 2014. A stronger U.S. economy and lower fuel prices also helped.
10 Dec 2014
USA Truck is opening a brokerage office in Jacksonville, Florida and expanding its Chicago presence as shippers seek additional truck capacity.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
13 Nov 2013
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.
12 Nov 2012
USA Truck replaced its chairman and said it is looking for an experienced operations executive as the troubled truckload
27 Jul 2012
Struggling truckload carrier USA Truck suffered a second-quarter net loss of $3.5 million, as revenue dropped 6.8 percent year-over-year to $129.6 million.
02 Mar 2012
Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation’s assets.
27 Oct 2011
Celadon Trucking’s freight revenue dropped 6 percent in the third quarter, but the truckload carrier’s profit rose 23 percent as tighter cost controls and higher pricing improved yield.
24 Oct 2011
Truckload carrier USA Truck rejected merger talks with larger rival Celadon Group despite falling back into the red with a $4.3 million third-quarter loss.
20 Oct 2011
Shortly after buying a stake in rival USA Truck, Celadon Group is purchasing the dry van assets of FFE Transpo
12 Oct 2011
Celadon Group purchased a 6.3 percent stake in rival truckload carrier USA Truck for $4.7 million, raising the prospect of a merger between the competitors.
21 Apr 2011
Truckload carrier USA Truck lost $2.7 million in the first quarter despite a 17.4 percent surge in overall revenue to $124 million as tougher operating conditions and higher fuel costs hit the company
30 Mar 2011
USA Truck Chairman Robert M. Powell will retire May 4 after decades of service with the Van Buren, Ark.-based truckload carrier. The company's board of directors chose Timothy A.
28 Jan 2011
Truckload operator USA Truck lost $1.8 million in the fourth quarter, despite a decline in empty miles and substantial increase in trucking revenue.
01 Nov 2010
Truckload operator USA Truck reported a profit for the second straight quarter, though its net income slipped by a third from the second quarter to $586,000.
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