Brings Extensive Experience in Complex Operations and Logistics
USA Truck, Inc. (NASDAQ:USAK), a leading capacity solutions provider
headquartered in Van Buren, AR, today announced the appointment of Major
General (Ret.) Barbara J. Faulkenberry to its board of directors
effective immediately.
USA Truck Chairman Robert A. Peiser commented, “We are honored to
welcome General Faulkenberry to our board. Her military accomplishments
are substantial and we believe her vast experience with the operations
of large and complex organizations and their people during critical
missions will be a great asset to USA Truck as we work to enhance the
operational effectiveness of USA Truck’s trucking business and grow our
asset-light business.”
General Faulkenberry, who served in the U.S. Air Force for more than
three decades, retired in 2014 as the Vice Commander, 18th
Air Force, Scott Air Force Base, IL. In that capacity, she was
responsible for the command’s worldwide mission of providing rapid
global mobility for U.S. armed forces through airlift, aerial refueling
and aeromedical evacuation. She was also responsible for enroute and
contingency logistics support. Her command included 37,000 active-duty
airmen and civilians and 1,100 aircraft across the globe.
During her career in the Air Force, General Faulkenberry served in a
wide variety of operational positions, including squadron, group, wing
and task force command. She held key leadership positions in various
military operations, including Director of Mobility Forces for the U.S.
Central Command during the drawdown of forces in Iraq and the
simultaneous buildup in Afghanistan. Her staff assignments included
experience in operations, logistics, strategy, international
negotiations, governmental affairs and leadership development.
Among the significant awards General Faulkenberry received during her
military service were the Defense Superior Service Medal, the Legion of
Merit with Three Oak Clusters, the Airman’s Medal, and the Bronze Star
Medal with Two Oak Leaf Clusters.
Since retiring from the military, General Faulkenberry has served as an
Advisor for Momentum Aviation Group, a Trustee for the Air Force
Academy’s Falcon Foundation and a Director of two not-for-profit
organizations.
General Faulkenberry earned a Bachelor of Science in Operations Research
from the U.S. Air Force Academy and a Master of Business Administration
from Georgia College. During her military service, she also earned a
Master’s degree in National Security from the National Defense
University.
USA Truck also announced that Richard B. Beauchamp will not stand for
re-election to the Board at the Company’s annual meeting in 2016. Mr.
Beauchamp is a Class III Director whose term will expire at that
meeting. General Faulkenberry has been appointed as a Class I Director,
whose term will expire at the annual meeting in 2017. These adjustments
will create greater parity among the three classes of directors.
Mr. Peiser added, “We would like to express our appreciation to Rick
Beauchamp for all of the contributions he has made to the Company and
the Board over the past ten years. Speaking for the entire Board, we are
fortunate to have worked with him and wish him the best in his future
endeavors.”
About USA Truck
USA Truck is a capacity solutions provider of transportation and
logistics services that include truckload, dedicated contract carriage,
intermodal and brokerage spot market throughout the continental United
States, Mexico and Canada.
This press release and related information will be available to
interested parties at our web site, www.usa-truck.com,
under the "Financial Releases" tab of the "Investors" menu.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are made pursuant to the provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements, including statements concerning expected financial and
operating improvements and management capability, are based upon the
current beliefs and expectations of our management and are inherently
subject to risks and uncertainties, some of which cannot be predicted or
quantified, which could cause future events and actual results to differ
materially from those set forth in, contemplated by, or underlying the
forward-looking statements. Accordingly, actual results may differ
materially from those set forth in the forward-looking statements.
Readers should review and consider the factors that may affect future
results and other disclosures by the Company in its press releases,
Annual Report on Form 10-K and other filings with the Securities and
Exchange Commission. Any forward-looking statement speaks only as of the
date on which it is made. We disclaim any obligation to update or revise
any forward-looking statements to reflect actual results or changes in
the factors affecting the forward-looking information. In light of these
risks and uncertainties, the forward-looking events and circumstances
discussed in this press release might not occur.
All forward-looking statements attributable to us, or persons acting on
our behalf, are expressly qualified in their entirety by this cautionary
statement.
References to the “Company,” “we,” “us,” “our” and words of similar
import refer to USA Truck, Inc. and its subsidiary.
