USA Truck's earnings rise

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
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

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