Truckload carrier USA Truck said its chairman, Robert Powell, will retire in May and be succeeded by Terry Elliott, who has been a director at the company since 2003.

USA Truck reported a loss of $1.8 million, or 17 cents per share, compared with a loss of $2.5 million, or 24 cents, a year ago.

USA Truck Thursday reported a $600,000 profit in the third quarter, compared with a $1.6 million loss a year ago.

USA Truck Thursday reported a $3 million first-quarter loss, compared with a $1.9 million loss a year ago. Per-share, the company lost 29 cents, compared with 18 cents last year.