USA Truck's earnings rise

USA Truck Inc. today announced operating revenues, before fuel surcharge, of $67,288,025 for the quarter ended December 31, an increase of 9.7% from $61,361,075 for the same quarter of 2001. Net income decreased 15.6% to $526,746 for the fourth quarter of 2002, compared to $624,277. For 2002, operating revenues, before fuel surcharge, increased 9.9% to $268,509,770 from $244,396,402. Net income increased
Jan. 30, 2003
USA Truck Inc. today announced operating revenues, before fuel surcharge, of $67,288,025 for the quarter ended December 31, an increase of 9.7% from $61,361,075 for the same quarter of 2001.

Net income decreased 15.6% to $526,746 for the fourth quarter of 2002, compared to $624,277.

For 2002, operating revenues, before fuel surcharge, increased 9.9% to $268,509,770 from $244,396,402. Net income increased 139.3% to $2,601,834, compared to $1,087,211 for the same period in 2001.

Chairman & CEO Robert M. Powell said freight demand remained relatively strong throughout the quarter, though Christmas week brought diminished volume due to the mid-week holiday.

About the Author

Tim Parry

Tim Parry is a former FleetOwner editor. 

Sign up for our eNewsletters
Get the latest news and updates

Voice Your Opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!