USA Truck, Inc. today announced first-quarter operating revenues, before fuel surcharges, of $65,714,114, an increase of 6.6% from the same quarter of 2002. The carrier's earnings decreased to a net loss of $1,148,303 for the quarter, compared to net income of $73,853 for the same quarter of 2002. Chairman & CEO Robert M. Powell said the company contines to experience "ups and downs" as it executes
USA Truck, Inc. today announced first-quarter operating revenues, before fuel surcharges, of $65,714,114, an increase of 6.6% from the same quarter of 2002.
The carrier's earnings decreased to a net loss of $1,148,303 for the quarter, compared to net income of $73,853 for the same quarter of 2002.
Chairman & CEO Robert M. Powell said the company contines to experience "ups and downs" as it executes its long-term recovery plan.
Powell said first-quarter results were adversely affected by harsh late winter weather throughout the U.S., record high fuel prices and unfavorable insurance claims activity, which had the single most significant impact.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Downtime is expensive. This guide shows you how to keep your eet running, reduce repair surprises, and protect your margins—because when your trucks aren’t moving, you’re not...
Learn how fast oil changes can optimize vehicle downtime for fleet owners. Improve revenue and employee productivity while ensuring customer satisfaction with efficient maintenance...
Commercial fleets bear a heavy burden from economic uncertainty, operational costs, and litigation risks. In-cabin video technology offers opportunities to reduce fleet expenses...
