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Cliff Beckham
Investments / Public Companies / Transportation

Finding Truck Drivers Remains a Tough Job

Driver recruiting and retention — we’ll lump them together as one entity — is one of the biggest challenges facing the industry. Recent federal regulations with strict guidelines regarding drive and break times only complicate trucking companies’ ability to attract and keep drivers, officials said. read more >
Cliff Beckham
Investments / Public Companies / Transportation

At 28 Percent Stake, Combined Shareholders ‘Not Takeover People,’ USA Truck CFO Says

The CFO of USA Truck Inc. says that a pair of hedge funds combining forces to represent 28 percent of the trucking firm's shares does not a pose another takeover threat. read more >
John Simone, president and CEO of USA Truck Inc. of Van Buren.
Business Services / Investments / Public Companies

USA Truck Narrows Quarterly Loss, Beats Revenue Estimates

USA Truck Inc. of Van Buren posts another quarterly loss, but it was narrower than the trucking firm reported last year, and the company beat analysts' estimates for quarterly revenue. read more >
USA Truck CEO John Simone, an experienced turnaround artist, put together a 27-point plan that has helped the Van Buren company’s stock price almost triple in the past year. (Photos by Kat Wilson)
Investments / Public Companies / Transportation

USA Truck CEO John Simone’s Pay Package Tops $1M

The new CEO who fought off a hostile takeover attempt also received a $265,000 bonus earlier this month. read more >
Cliff Beckham
Investments / Public Companies / Transportation

Knight’s Takeover Attempt Behind It, USA Truck Will End ‘Poison Pill’ Plan

USA Truck of Van Buren says it will end its shareholders rights plan at the end of business Friday. The publicly traded trucking company adopted the plan in November 2012 to protect itself from hostile takeover bids while the company attempted a turnaround. read more >
USA Truck CEO John Simone, an experienced turnaround artist, put together a 27-point plan that has helped the Van Buren company’s stock price almost triple in the past year. (Photos by Kat Wilson)
Media & Marketing / Public Companies / Transportation

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 >
John Simone, CEO of USA Truck Inc. of Van Buren.
Investments / Public Companies / Transportation

Knight Falls on USA Truck’s Shareholders List

Phoenix-based Knight Transportation is now third on the list of shareholders of Van Buren’s USA Truck. read more >
John Simone, president and CEO of USA Truck Inc. of Van Buren.
Investments / Public Companies / Transportation

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 >
Cliff Beckham
Investments / Public Companies / Transportation

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 >
Top row, from left: Clete Brewer, George Makris Jr., Scott Ford and Judy McReynolds. Bottom row, from left: John Roberts, Dabbs Cavin, Chris Wewers and Cliff Beckham.
Banking & Finance / Business Services / Transportation

Eight 40 Under 40 Honorees Who Became CEO

Arkansas Business is proud to have featured a number of 40 Under 40 honorees who have gone on to the corner offices of publicly traded companies. Let’s count them. read more >
Agriculture & Poultry / Business Services / Construction

Maverick USA, JB Hunt Lead Trucking Performance

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. read more >
Transportation

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

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. read more >
Cliff Beckham
Transportation

USA Truck Looks East to West Memphis

USA Truck Inc. of Van Buren hopes to retain more drivers with a West Memphis expansion project. read more >
John M. Simone
Investments / Public Companies / Transportation

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

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. read more >
Transportation

USA Truck Expanding West Memphis Terminal, Adding Jobs

USA Truck will begin adding approximately 125 jobs as part of a terminal expansion in West Memphis. Additional workforce will help USA Truck meet customer demand as it upgrades to a full-service terminal on March 2013. read more >
Public Companies / Transportation

USA Truck Announces Board Shakeup, Efforts to Repel Hostile Takeover

USA Truck, which just two weeks ago reported a record quarterly loss, has announced a board shakeup and other efforts designed to stem the Van Buren company's financial bleeding and prevent a hostile takeover. read more >
Cliff Beckham, CEO of USA Truck Inc. of Van Buren.
Public Companies / Transportation

USA Truck Posts Record Quarterly Loss

USA Truck Inc. of Van Buren reports a third-quarter net loss of $6.1 million, or 59 cents per share -- the trucking company's biggest quarterly loss ever. read more >