USA Truck Marks Its First Profit in 3 Years
USA Truck has made a profit for the first time since 2011 with net income of $700,000, according to the second quarter numbers.
The Trucking and logistics provider net come entails that each diluted share costs 7 cents. The same time last year, the company market a net loss of $1.4 million.
USA Truck’s total base revenue went up by 12.1% for the Arkansas-based operation. Operating expenses net of fuel surcharge collections increased by only 7.4%. This marks a 410 basis points improvement in operating.
Trucking revenue, excluding fuel surcharge, increased 2.2% to $83.2 million.
Find out more at truckinginfo.com.
Latest posts by Vic Lance (see all)
- New York Used Car Dealers Subject to New Bond Amounts - February 9, 2017
- Reminder: Dealer Bond Renewal in New Jersey is Soon Due - February 2, 2017
- Time to Renew: Florida Auto Dealer Bonds Expire April 30th - February 2, 2017