Knight Transportation
Ex-PAMT CEO Joe Vitiritto Lands at Rival Trucking Firm
The former PAMT CEO is headed back to his old stomping ground at Knight Transportation. read more >
Knight Transportation Sheds More USA Truck Shares
Knight tried to take over USA Truck two years ago by buying 1.3 million shares at less than $6 per share. The take-over bid failed but the interest generated helped spur USA Truck’s share price over $20. read more >
by Marty Cook -
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 >
by Lance Turner -
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 >
by Marty Cook -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
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 >
by Marty Cook -
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 >
by Marty Cook -
Knight Slams USA Truck’s Bonus, Severance Packages
Knight Transportation Inc. of Phoenix criticizes USA Truck's decision to implement bonus and severance packages for the officers of the Van Buren company. read more >
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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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -
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 >
by Lance Turner -