USA Truck’s losses accelerate as ‘organizational changes’ continue
USA Truck reports another worse-than-expected loss as it revamps the company.
USA Truck reports another worse-than-expected loss as it revamps the company.
A number of trucking companies are expanding and/or upgrading their terminal systems.
Add USA Truck to the list of carriers finding themselves struggling to find their way in a soft freight market. The carrier found itself forced into the spot market to find freight for its trucks after making an acquisition just a year ago.
Motor carriers and commercial drivers agree on just four of the Top 10 challenges facing the trucking industry, according to the American Transportation Research Institute’s annual study.
USA Truck blames a softer freight environment, declining spot rates and unrealized bid awards for its lower-than-expected second-quarter results.
USA Truck (NASDAQ: USAK) posted its most profitable first quarter results since 2006 on April 25. The quarter is now the seventh straight quarter of profitability.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
The company’s stock took it on the chin for much of 2018 but the company said it had a strong fourth quarter.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
Some of the stocks that were getting hammered at midday recovered on the back of the broader market rebound by the close. One exception: Ryder.
There’s no particular pattern in seeing which stocks have declined significantly more than the drop in the overall S&P 500 index.
The Dow Jones Industrial Average plummeted today, posting its biggest loss since May 29; meanwhile the S&P 500 is on a losing streak that hasn’t been matched in upwards of 2 years.
We visualized the performance metrics of the publicly-traded truckload carriers over the past six quarters, using TCA InGauge’s data.
USA Truck had an aggressive plan to add trucks to its fleet, but delays at the OEMs are falling short of the targets.
Everyone sees the market as strong and staying that way, but are there other headwinds in the trucking sector?
USA Truck posts a strong first quarter earnings continuing its torrid turnaround pace.