- USA Truck
name = USA Truck
type = Public (nyse|USAK
foundation = 1989
founders = Jerry Orler, Robert Powell, Breck Speed
Van Buren, Arkansas
location_country = U.S.
area_served = U.S.,
key_people = Clif Beckham (
President & CEO)
Mike Weindel, Jr. (VP, Recruiting/Training)
Darron Ming (VP, Finance)
services = General commodities transport
slogan = "Running With Pride"
homepage = [http://www.usa-truck.com/ USATruck.com]
Founded in 1989, It could be called an orphan corporation that was left in the wake of a hostile takeover. As it was common in the 1980's, its parent firm
Arkansas Best Corporationwas forced to abandon its recently formed new subdivision. Its new partner and White KnightKelso & Co, and investment firm came together to respond to the Green Mailingfirm from New York Razorback Acquisitions(the name a humorous play on the carrier's home states favorite College team was needless to say lost on the target of the takeover).
Arkansas Best newly privatized,along with Kelso sold USA Truck pay for the acquisition debt. So in early 1989, USA Truck Inc. of Van Buren, along with Trans-States Lines Inc. of Fort Smith and
Riverside FurnitureCorp, of Fort Smith were sold to various management groups. Three years later USA-Truck it went public.
Market and Business Segments
USA-Truck is referred to an irregular route or an over-the-road
OTRtrucking company. It is based out of Van Buren, Arkansas. In addition to its company headquarters in Van Buren, USA Truck also operates maintenance facilities in West Memphis, Arkansas; Shreveport, Louisiana; Butler Township, Ohio; Bethel, Pennsylvania; Spartanburg, South Carolina; Laredo, Texas; and Roanoke, Virginia. [http://www.usa-truck.com/]
Most of USA Truck’s business is considered time sensitive medium-haul, with freight shipments covering between 700 to 1,000 miles. USA Truck's freight consists of general commodities merchandise, such as auto parts, tires, and retail store items, and its clientele includes several
Fortune500 companies [http://finance.yahoo.com/q/pr?s=USAK] .
USA Truck has also achieved IS 9001:2000 certification [http://www.reuters.com/article/pressRelease/idUS190504+07-Dec-2007+BW20071207] .
USA Truck’s logo uses the former symbol of the
United States Air Force, and drivers are affectionately nicknamed the company's “Top Guns”.
USA's Trucking Fleet
tractors with an average age of 18 months. All of the company’s trucks are equipped with state-of-the-art industry features, including power steering, air-ride suspensions, and Qualcomm satellite communication with in-cab email. [http://www.otrdrivers.com/network_usa.htm]
All of USA’s trailers are 53 foot dry-vans; the company does not operate any flatbed, refrigerated, or tanker trailer fleets. Also, USA Truck is one of the few trucking companies that offer assigned equipment – its drivers drive the same truck at all times and are allowed to bring their tractors home with them on their days off.
Company-Sponsored CDL Training
1999, USA Truck has worked with Indianapolis-based Driver Solutionsto provide entry-level truck drivers access to CDL training. Through this program, USA Truck sponsors the upfront tuition training costs for a student and provides an entry-level driving job once the student successfully graduates his training program. USA Truck is one of several trucking companies, including P.A.M. Transport, to offer a company-sponsored training program for entry-level truck drivers that need help earning a CDL.
* [http://www.usa-truck.com USA Truck Corporate Site]
* [http://www.greatcdltraining.com USA Truck CDL Training Program]
* [http://www.thetrucksreport.com The Trucker's Report]
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