USA Truck Wins ‘Most Valuable Employers for Military’ Award
USA Truck in Van Buren, Ark., is a winner for the 2017 Most Valuable Employers for Military. Awarded by RecruitMilitary, the recognition serves to help military-experienced job seekers identify top employers to target for civilian careers.
The 2017 Most Valuable Employers for Military, presented by Vinnell Arabia, was open to all U.S.-based companies.
USA Truck also recently announced it is improving its owner-operator compensation package to include 68% of linehaul revenue.
USA truck ranks No. 53 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.
"In past few years, we have greatly increased the number of owner-operators driving for USA Truck," said James Reed, president and CEO of USA Truck. "Improving their compensation is part of our continuing effort to ensure all our driver team members are among the best treated and best compensated drivers on the road today."
Other improvements to the overall compensation package include payments for fuel surcharge and base plates. "Also, there are no fees for trailer rentals," adds Steve Brantley, director of driver recruiting. "Most freight available is drop and hook, with no-touch freight accounting for 98%. Plus, owner-operators gain access to excellent insurance rates available through their association with USA Truck."
USA Truck reported a $4.9 million loss this week in the first quarter. Operating revenue was $101.7 million compared to $110.6 million for the prior-year period. Base revenue, which excludes fuel surcharge, was $89.8 million compared to $102 million for the 2016 period.
President and CEO James Reed commented, "Having now completed three months in the role as USA Truck's CEO, I believe we are making important strides toward improving our Trucking segment's productivity, and taking the right steps in building a lean and efficient company that can generate profits in the relative near-term and create sustainable value over time. My first priority has been, and will continue to be, returning USA Truck to profitability as quickly as possible."
