USA Truck, Inc.
Jason R. Bates
Executive Vice President & CFO
USA Truck, Inc. (NASDAQ: USAK), a leading transportation and logistics provider, has named James L. Cade as Vice President of Maintenance.
“Jim is a key addition to our expanded and strengthened management team,” said USA Truck President and CEO John Simone. “He will spearhead one of our primary initiatives — to enhance USA Truck’s maintenance process so that we can continue improving our customer service, vehicle uptime and profit potential.
“As a 25-year veteran of the industry, Jim has had responsibility for some of the largest fleets in North America. Time and time again, he has proven his ability to develop innovative fleet management solutions and reduce vehicle operating costs. We are excited to have him join our team and look forward to his contributions as we optimize our assets and operations.”
Cade most recently served as Vice President of Field Maintenance for National Express Corporation, where he directed the maintenance program for its fleet of 22,000 school and transit buses. Earlier in his career, Cade served as Director of Fleet Maintenance for ServiceMaster, with responsibility for more than 15,000 units; as Executive Vice President of Maintenance and Purchasing for Arrow Trucking; and as Vice President of Maintenance for Ryder System, with responsibility for 180,000 trucks.
Cade has been a member of the Technology and Maintenance Council since 1986 and is a member of the Society of Automotive Engineers and the Commercial Vehicle Safety Alliance. He earned an Associate of Science in Diesel Engineering from Des Moines Area Community College and a Bachelor of Science in Business Administration, with honors, from Nova--Southeastern University in Florida.
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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. These statements generally may be identified by their use of terms or phrases such as “expects,” “estimates,” “anticipates,” “projects,” “believes,” “plans,” “goals,” “intends,” “may,” “will,” “should,” “could,” “potential,” “continue,” “future” and terms or phrases of similar substance. Forward-looking statements 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, including risks and uncertainties associated with the unsolicited proposal from Knight Transportation, Inc. to acquire all of the Company’s shares, the impact of the pendency of that proposal on the Company’s relationships with its employees, customers and vendors, the outcome of any litigation related to such proposal, the Board’s recommendation to the shareholders concerning the proposal and the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Accordingly, actual results may differ 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. 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.
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References to the “Company,” “we,” “us,” “our” and words of similar import refer to USA Truck, Inc. and its subsidiary.
About USA Truck
USA Truck is a transportation and logistics provider headquartered in Van Buren, Arkansas, with terminals, offices and staging facilities located throughout the United States. We transport commodities throughout the continental U.S. and into and out of portions of Canada. We also transport general commodities into and out of Mexico by allowing through-trailer service from our terminal in Laredo, Texas. Our Strategic Capacity Solutions and Intermodal service offerings provide customized transportation solutions using the latest technological tools available and multiple modes of transportation.
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