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USA Truck Inc.

Industry / Investments / Public Companies

Merger in the Making? ArcBest Proposal Fuels Buzz

One of the proposals scheduled for a shareholders vote on April 26 was a change in the voting threshold for matters including the sale or merger of the company. read more >
Banking & Finance / Construction / Investments

Biggest Deals Down 74% in ’22Lock Icon

The state’s mergers and acquisitions market mirrored the global market, which also saw a significant decline. read more >
Agriculture & Poultry / Banking & Finance / Business Services

Arkansas Business Year in Review: Best & Worst of 2022

The highs and lows of a year in Arkansas business. read more >
James Reed, CEO of USA Truck Inc. of Van Buren
Transportation

Former USA Truck CEO Joins Renren Board of DirectorsLock Icon

Renren Inc. of Phoenix named James Reed to its five-person board of directors earlier this month. read more >
Public Companies / Transportation

Merger Draws Curtain on USA Truck

USA Truck Inc. of Van Buren officially became a part of DB Schenker on Thursday, Sept. 14. read more >
Business Services / Energy / Investments

Will the Trucking Boom Be Long Haul?

Freight demand emerges as a possible impediment to industry's momentum. read more >
CEO John Roberts of J.B. Hunt and Joe Vitiritto, CEO of PAM Transport, both saw their companies report an increase in their last earnings report.
Investments / Public Companies / Transportation

Arkansas Trucking Companies Showing Drivers the Money

It isn’t all doom and gloom in the transportation industry, and that is good news for those who drive trucks. read more >
Doug Voss of the University of Central Arkansas in Conway
Energy / Government & Politics / Manufacturing

Electric Vehicles Charge Ahead in Arkansas

The electric vehicle industry has found a spot in Arkansas. read more >
USA Truck Inc. intends to buy 10 Nikola Tre BEV trucks.
Business Services / Energy / Media & Marketing

‘Fast Follower’ USA Truck Joins EV Parade, Buys 10

USA Truck Inc. of Van Buren is joining the electric vehicle movement. read more >
Bob Powell, the founder of USA Truck Inc. of Van Buren, died Oct. 7 at his home in Fort Smith at the age of 87.
Public Companies / Transportation

USA Truck Founder Bob Powell Dies at 87

He and his partners bought the company in 1989 for $2.4 million and took it public in 1992. read more >
J.B. Hunt Transport Services Inc. of Lowell reported $2.91 billion in quarterly revenue on July 19.
Business Services / Energy / Public Companies

Arkansas Transport Companies Hauling In Revenue

Things are going well for the state’s publicly traded transportation companies, and not just because the Interstate 40 bridge spanning the Mississippi River between Memphis and West Memphis finally reopened. read more >
USA Truck Inc. has raised pay for independent contractors, shifting emphasis from company drivers.
Public Companies / Transportation

USA Truck Reports Quarterly Revenue Record

USA Truck Inc. of Van Buren reported Thursday second-quarter revenue of $170 million, which the company said was an all-time best. read more >
James Reed, CEO of USA Truck Inc. of Van Buren
Business Services / Public Companies / Transportation

USA Truck’s James Reed Carries the Load on Diversity

James Reed, CEO of USA Truck, says that “more diverse companies are more profitable, more innovative and overall more successful.” read more >
USA Truck Inc. has raised pay for independent contractors, shifting emphasis from company drivers.
Public Companies

USA Truck Reports Big Q1 Improvement

USA Truck Inc. of Van Buren reports first-quarter 2021 income of $3.6 million, an increase from a loss of $2.55 million in the same quarter a year ago. read more >
James Reed, CEO of USA Truck in Van Buren.
Public Companies / Transportation

USA Truck CEO Pay Drops in 2020

CEO James Reed of USA Truck Inc. of Van Buren received total compensation of $1.6 million in fiscal 2020, down from 2019. read more >
Tom Glaser: “It’s not so much changing John’s strategic plan but continuing on and improving the strategic plan he put in place.”
Public Companies

Glaser Leaving USA Truck’s Board, Replacement Named

Tom Glaser is stepping down from the board of directors at USA Truck Inc. in Van Buren after seven years, and the company has appointed Raj Penkar to take its place. read more >
Investments / Public Companies

USA Truck Reports Profitable Quarter, Year

USA Truck Inc. of Van Buren reports fourth-quarter income of $5.9 million for 2020, an increase from a loss of $4.8 million in the same quarter a year ago. read more >
Business Services / Investments / Public Companies

USA Truck Swings to Profit in 3Q

USA Truck Inc. of Van Buren swings back to a profit in the third quarter, reporting net income of $2.3 million, or 26 cents per diluted share. read more >
USA Truck CEO James Reed, fourth from right, holding child, has more diversity in his family than he does at the top of his company, but he’s working on that. Reed has a daughter who is a Pacific Islander, a daughter-in-law who is Black and a biracial grandchild. “I’m a little sensitive to the issue to begin with,” he says.
Agriculture & Poultry / Business Services / Education

Driving Diversity Is Personal for Reed, USA Truck’s CEOLock Icon

Reed is one of many executives in the state who are banging the drum for businesses to become more diverse and inclusive, a movement that has gained momentum in the wake of recent Black Lives Matter protests. read more >
James Reed faced a tough first task as CEO at USA Truck in Van Buren, reporting a 2016 loss of $7.7 million. This year, he is expecting a profit.
Education / Public Companies / Transportation

With Open Mind, James Reed Checks His PrivilegeLock Icon

James Reed is white and, even though he was the first of his family to attend college, he knows his whiteness played a role in his success. read more >