USA Truck Marks Its First Profit in 3 Years

Published: Jul 28, 2014

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.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.

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