http://www.usa-truck.com/

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USA Truck Inc.

USA Truck Inc. of Van Buren is a dry van truckload carrier that moves general commodities via its General Freight and Dedicated Freight services. It transports goods throughout the U.S. and into Canada and Mexico.

The company began as an arm of Arkansas Best Corp. of Fort Smith, which in 1983 formed a a small, non-union truckload carrier named Crawford Produce Inc. in the wake of trucking deregulation. In 1986, an Arkansas Best senior vice president, Robert Powell, incorporated the company under the name USA Truck.

In 1989, Powell led a group of six investors purchased USA from Arkansas Best for $2.4 million in cash plus assumption of more than $25 million in debt. By 1992, USA Truck completed its initial public offering. The company now trades on the Nasdaq under the symbol USAK.

By 1997, the company opened its new corporate office and ran 1,000 tractors. In 2000, its base revenue reached $200 million. Four years later, the company would have double the tractors and $300 million in base revenue.

Today, the company is led by CEO Clifton Beckham, who took over in August 2007 and started a turnaround that increased earnings from $140,000 that year to a profit of $3.14 million in 2008. But like other Arkansas trucking firms, it has since been challenged by the Great Recession.

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USA Truck's New Management Navigates a Learning Curve

Cliff Beckham is the chief financial officer at USA Truck Inc. of Van Buren, a company that certainly had an interesting 2013. The trucking company brought in a new CEO and several new executives, fought off — for the time being — a hostile takeover bid by a competitor and saw its fifth consecutive annual net loss. read more >

Revenue Rises But Loss Widens for USA Truck

USA Truck Inc. of Van Buren reports a fourth-quarter net loss of $4.6 million, or 45 cents per share, a bigger loss than the $3.2 million, or 31 cents per share, it reported in the same quarter last year. read more >

USA Truck, Knight Transportation End Takeover Battle, Lawsuit

Knight Transportation Inc. of Phoenix and USA Truck Inc. of Van Buren have called off their legal battle, and Knight has ended its takeover bid for the company, launched in September. read more >

USA Truck Founder Robert Powell Sells Company Stake

Former USA Truck founder and CEO Robert Powell sold his stake of nearly 1 million shares in the Van Buren company. read more >

Stone House Capital Again Raises USA Truck Stake

Stone House Capital Management of New York, the top shareholder of USA Truck Inc. of Van Buren, has again increased its stake in the trucking firm to 1.55 million shares. read more >

Stone House Capital Raises USA Truck Stake to 1.5M Shares

Stone House Capital Management, the top shareholder of USA Truck Inc. of Van Buren, has increased its stake in the firm to 1.5 million shares. read more >

USA Truck, Knight Transportation Trial Set for April 14

A U.S. District Court judge has set a trial date of April 14 in USA Truck Inc.'s breach of contract lawsuit against Knight Transportation Inc., the company that is attempting to take over USA Truck. read more >

USA Truck CEO John Simone: Turnaround Plan Is Working

USA Truck Inc. CEO John Simone says the company's progress in the third quarter is a sign the management's turnaround plan was working. Simone, speaking at the Stephens 2013 Fall Investment Conference at the New York Palace Hotel, said his company's resurgence was for real. USA Truck is currently trying to fight off a takeover attempt by rival Knight Transporation Inc of Phoenix. read more >

USA Truck's Poison Pill Ready as It Fights Off Knight Transportation

USA Truck Inc. of Van Buren has a shareholder rights plan but that might not be enough to hold off a determined rival intent on buying the company. read more >

USA Truck Touts New Investment In Its Fleet

USA Truck Inc. of Van Buren trumpets the arrival of new tractors for its fleet, which Knight Transportation Inc. has criticized as being too old. read more >

Knight Transportation: USA Truck Shows Only 'Limited Improvement'

Knight Transportation Inc. of Phoenix, Ariz., whose buyout offer to USA Truck Inc. of Van Buren has been rejected by USA Truck's board of directors, continues to press its case for a takeover. read more >

Knight Transportation Profit Falls 9 Percent, Continues to Press USA Truck Deal

Knight Transportation of Scottsdale, Ariz., the company pushing to acquire USA Truck Inc. of Van Buren, reports third-quarter net income of $15.1 million, down 9 percent from the same time last year. read more >

USA Truck Narrows 3Q Loss As Revenue Rises 13.5 Percent

USA Truck Inc. of Van Buren, the target of a takeover attempt by Knight Transportation of Scottsdale, Ariz., reports a narrower third-quarter loss, $602,000, as revenue rose 13.5 percent to $141.8 million. CEO John Simone cites "rapid progress" in turning the company around. read more >

USA Truck Files Lawsuit Against Knight Transportation for Breach of Contract, Wants Stock Divested

USA Truck Inc. of Van Buren files a breach of contract lawsuit against Knight Transportation Inc., which wants to take over the trucking company in a deal worth $242 million. read more >

Knight Transportation Increases Stake in USA Truck to 11 Percent

Knight Transportation of Phoenix says Monday that it has increased its ownership in outstanding shares of USA Truck Inc. of Van Buren to 11.3 percent. read more >

USA Truck, Wal-Mart, Robinson Center and Northwest Arkansas' Economy in Your 'Week in Review'

USA Truck Inc. of Van Buren rebuffs another takeover offer, Wal-Mart Stores Inc. of Bentonville hires for the holidays, a new look for Robinson Center Music Hall, and a check-up for northwest Arkansas' economy in this week's edition of the Arkansas Business/THV 11 News "Week in Review." read more >

USA Truck: Knight Offer 'Substantially Undervalues' Our Company

In a statement released late Thursday, USA Truck Inc. of Van Buren said Knight Transportation's $9 per share takeover offer "substantially undervalues" the company and called Knight's method of disclosing the deal "misleading." read more >

What Some Analysts Are Saying About Knight Transportation's Play for USA Truck

USA Truck Inc. of Van Buren has rejected a takeover offer by Knight Transportation of Phoenix. Here's how some analysts are looking at the deal. read more >

USA Truck Rejects $242M Takeover Offer by Knight Transportation

USA Truck Inc. of Van Buren rejects a takeover offer by Knight Transportation of Phoenix, which offered $9 per share in cash for the company in August. And now Knight is taking the offer straight to shareholders. read more >

2Q Revenue Rises 7.7 Percent As USA Truck Continues Rebound

USA Truck Inc. of Van Buren announces second-quarter revenue of $115.5 million, a 7.7 percent increase over the same quarter last year. Still, the trucking firm reported a $1 million net loss for the quarter. read more >