USA Truck
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| Type | Public |
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| Traded as | NASDAQ: USAK |
| Industry | Transportation |
| Founded | 1983 |
| Headquarters | Van Buren, Arkansas, U.S. |
| Area served | U.S., Canada |
| Key people | John Simone (President & CEO) Cliff Beckham (Executive VP and Chief Financial Officer) Thomas M. Glaser (Interim Chief Operating Officer) Mike Weindel Jr. (Executive VP and Chief Operations Officer, SCS and Intermodal) |
| Services | General commodities transport |
| Website | usa-truck.com |
USA Truck., Inc. is an over-the-road trucking company.
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History[edit]
Founded in 1983, USA Truck was the corporation left in the wake of a hostile takeover. As it was common in 1980s, its parent firm, Arkansas Best Corporation, was forced to abandon the recently formed new subdivision. Its new partner and white knight, Kelso & Co, and an investment firm came together to respond to the green mailing firm from New York Razorback Acquisitions (the name a play on the carrier's home state's college team).
With the help of Kelso, the newly privatized Arkansas Best divested itself of USA Truck to help pay down the leveraged buyout. Thus, in early 1989, USA Truck Inc. of Van Buren found itself, along with a sister company, Trans-States Lines Inc, out on their own. Three years later USA Truck went public.
Market and Business Segments[edit]
USA Truck is a transportation and logistics provider headquartered in Van Buren, Arkansas, with terminals, offices and staging facilities located throughout the United States. The company transports commodities throughout the continental U.S. and into and out of portions of Canada. It also transport general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo, Texas. USA Truck's Strategic Capacity Solutions and Intermodal service offerings provide customized transportation solutions using the latest technological tools available and multiple modes of transportation.
In addition to its corporate headquarters in Van Buren, USA Truck also operates maintenance facilities in West Memphis, Arkansas; Atlanta, Georgia; Chicago, Illinois; Vandalia, Ohio; Carlisle, Pennsylvania; Dallas, Texas; and Laredo, Texas.[1]
Most of USA Truck’s business is considered time sensitive and involves merchandise such as auto parts, tires and retail store items, and its clientele includes several Fortune 500 companies.[2]It also has agreements to provide services for other trucking companies who may have entered into dedicated contracts but for some reason cannot provide service. USA Truck also has begun to interface more heavily with several rail carriers.
Awards[edit]
SmartWay Transport Partner; Alcoa Tier 1 2012 Carrier of the Year (outstanding dry van service in North America), 2012 BP Driving Safety Standard Award, Top 100 For-Hire Carrier, Transport Topics; 2012 Top 100 Trucker, Inbound Logistics; Top Pay Carrier, National Transportation Institute; Green Office Award, Northwest Arkansas Business Journal; 2011 Truckload Carrier of the Year (high volume), Anheuser-Busch
USA's Trucking Fleet[edit]
USA Truck's fleet consists of more than 2,000 tractors and 4,000 dry-van trailers. The trucks are newer model manual and automatic Navistar International, Kenworth, Peterbilt and Freightliner Trucks tractors with an average age of 18 months. All of the company’s trucks are equipped with state-of-the-art industry features, including power steering, air-ride suspensions and Qualcomm satellite communication with in-cab email.[3] All of USA Truck’s trailers are 53 ft (16 m) dry-vans; the company does not operate any flatbed, refrigerated or tanker trailer fleets.
References[edit]
- ^ USA Truck, Official website.
- ^ Yahoo! Finance, "USA Truck Inc. (USAK)".
- ^ "USA Truck Driving Jobs".
External links[edit]
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