USA Truck, Inc.
Jason R. Bates
Executive Vice President & CFO
USA Truck, Inc. (NASDAQ: USAK), a leading transportation and logistics solutions provider, today announced the conversion of its Atlanta terminal to a continuous, full-service Operations and support center.
The expanded facility’s 24/7 operating model reflects the Company’s strategy for establishing predictive maintenance practices, designed to reduce long-term costs and driver down time. It also strengthens the Company’s customer service efforts by providing a physical presence in the region.
“This expansion is part of USA Truck’s ongoing and comprehensive reinvestment into our business, our equipment and our people,” said USA Truck President and CEO John Simone. “The Southeast is a key growth market for us and our enhanced Atlanta facility, led by new Terminal Manager Pete Humphreys, enables us to better serve our customers in that region and be closer to our driver team members.”
USA Truck also plans to hire additional drivers to increase its presence throughout the Southeast.
Earlier this month, the Company announced it had received initial delivery of 150 2014 Navistar International ProStar model tractors. The order followed the 250 new tractors and 400 new trailers put into service earlier this year.
USA Truck is also installing advanced computing and mobile communications systems (including electronic driver logs) in its entire fleet, enabling real-time driver and vehicle information to be integrated with the Company’s home office and offering customers enhanced visibility into the status of their shipments.
Safe Harbor Statement
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.
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.
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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