Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/20/2017 10:05:00 AM Write a Letter to the Editor Write a letter to the Editor

USA Truck Names Jason Bates as New Chief Financial Officer


USA Truck

USA Truck Inc. appointed Jason Bates on April 19 to become the company’s next chief financial officer, plucking away Swift Transportation’s vice president of finance.

The CFO post was vacant for a large portion of 2016 until James Reed left Interstate Distributor Co. to take the job. However, Reed was promoted about three months later to CEO when Randy Rogers resigned his post.

RELATED: USA Truck's trucking division president Martin Tewari resigns in latest shakeup

“Among my immediate objectives as CEO has been assembling leaders who embrace the intensity and accountability necessary to improve the company’s financial performance and enhance shareholder value," Reed said in a statement. "Jason not only embodies all of those qualities, he brings an outstanding reputation in our industry.”

RELATED: USA Truck losses in fourth quarter 'unacceptable,' new CEO says

Bates joins Reed and Jim Craig as the newly established leadership team attempting to turn around a carrier that lost $7.7 million dollars in 2016 after earning $17 million in profits combined in 2014 and 2015.

Swift ranks No. 6 and USA Truck ranks No. 53 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.

By Transport Topics


Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2017, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement