USA Truck Posts First-Quarter Profit
USA Truck Inc. reported net income of $1.12 million, or 11 cents per share, to end a streak of first-quarter losses that covered eight years.
May 5, 2015Truck Orders Fall 10% in April, Reports Say
Truck orders slipped 10% last month from the year-earlier period on a preliminary basis as industry trends return to more typical seasonal patterns, ACT Research and consulting firm FTR reported.
May 4, 2015Retail Truck Sales Jump 25% in March
Heavy-duty truck sales continued to grow at a rapid clip in March, jumping 25% from the same month last year, WardsAuto.com reported.
April 20, 2015OOIDA Petitions Federal Court to Join Lawsuit Against DOT Over Mexican Truckers
The Owner-Operator Independent Drivers Association has filed a petition to join a lawsuit against the federal government for opening the border to Mexican longhaul carriers.
USA Truck CEO John Simone Takes Medical Leave
USA Truck CEO John Simone, 53, is taking a medical leave “to address issues relating to a serious medical condition," the truckload carrier said April 6.
Class 8 Orders Decline in March for First Time in 26 Months
New orders of Class 8 trucks slipped 9% in March, ending a streak of 25 straight months with year-over-year growth in order intake, ACT Research reported.
Class 8 Sales Will Hit Peak in 2015, ACT Forecast Says
COLUMBUS, Ind. — The Class 8 market will reach a peak in 2015 as a favorable freight market and improved trucker profitability lift the industry, ACT Research Co. projected.
March 30, 2015Used-Truck Transactions Up, But Constrained by Inventory
Used-truck transactions rose about 4% last year, but sales volumes were constrained by the scarcity of desirable units reaching the secondary market, IHS Automotive said.
March 9, 2015February Truck Orders Increase 7%
February Class 8 truck orders rose 7% from a year ago to 31,200, ACT Research Co. reported.
USA Truck’s Earnings in 4Q Highlight Firm’s Turnaround
USA Truck Inc.’s strongest quarterly earnings report in nine years helped the company complete a turnaround in 2014 that saw it post its first full year of per-share profits since 2008.
March 2, 2015