Tagged: john simone

USA Truck's New Management Navigates a Learning Curve

by Marty Cook 2/24/2014 12:00 am

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.

Revenue Rises But Loss Widens for USA Truck

by Arkansas Business Staff 2/11/2014 07:54 am

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.

Knight Falls on USA Truck's Shareholders List

by Arkansas Business Staff 11/25/2013 12:00 am

Phoenix-based Knight Transportation is now third on the list of shareholders of Van Buren's USA Truck.

USA Truck CEO John Simone: Turnaround Plan Is Working

by Marty Cook 11/12/2013 04:25 pm

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.

USA Truck Touts New Investment In Its Fleet

by Lance Turner 11/6/2013 02:12 pm

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.

Knight Transportation: USA Truck Shows Only 'Limited Improvement'

by Lance Turner 11/4/2013 07:15 am

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.

USA Truck Narrows 3Q Loss As Revenue Rises 13.5 Percent

by Lance Turner 10/17/2013 08:34 am

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.

USA Truck: Knight Offer 'Substantially Undervalues' Our Company

by Lance Turner 9/27/2013 07:31 am

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."

2Q Revenue Rises 7.7 Percent As USA Truck Continues Rebound

by Chris Bahn 7/24/2013 04:59 pm

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.

USA Truck Board Chairman Robert A. Peiser 'Hopeful' He'll Be Retained

by Chris Bahn 5/16/2013 11:13 am

Robert A. Peiser, the USA Truck Inc. board chairman who submitted a conditional resignation Wednesday, tells Arkansas Business that he's "hopeful" he'll be retained by the publicly traded Van Buren trucking firm.

USA Truck Shareholders Re-Elect 2 Board Members At Annual Meeting

by Chris Bahn 5/8/2013 10:58 am

Shareholders of USA Truck Inc. of Van Buren re-elected chairman Robert A. Peiser and Robert E. Creager to the board of directors during the company's annual meeting on Wednesday.

USA Truck Narrows 1Q Net Loss

by Lance Turner 5/6/2013 07:30 am

USA Truck Inc. of Van Buren has narrowed its first-quarter loss, reporting a loss of $2.5 million or 24 cents per share, less than the $4.9 million or 47 cents per share loss it reported in the first quarter last year.

Maverick USA, JB Hunt Lead Trucking Performance

by Jan Cottingham 4/29/2013 12:00 am

2012 proved to be a mixed year for trucking revenue in Arkansas, though three standout performers — two good, one not so much — blew by their peers on the list of the largest trucking companies doing business in the state.

USA Truck To Pay New CEO John Simone $460,000, Plus Stock, Incentive Options

by Chris Bahn 4/9/2013 08:18 am

New USA Truck CEO John Simone is in line for $460,000 in base salary, plus stock options and incentive bonus opportunities, according to the company's most recent proxy filing with the SEC.

USA Truck Looks East to West Memphis

by Chris Bahn 2/25/2013 12:00 am

USA Truck Inc. of Van Buren hopes to retain more drivers with a West Memphis expansion project.

New CEO John Simone Says He'll Evaluate USA Truck Over Next 100 Days

by Lance Turner and Chris Bahn 2/18/2013 03:40 pm

USA Truck's new CEO, John Simone, talks to Arkansas Business about how he plans to develop a vision for the company's long-term success.