USA Truck Returns to Profit in 3Q

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

Per-share, the company earned 6 cents, compared with an 16-cent loss last year.

Revenue rose to $100.8 million, from $82.3 million, while trucking revenue rose 14.5% to $87.6 million, the truckload carrier said in a statement.

“While we are optimistic about the industry’s prospects as 2011 and beyond unfolds, we are bracing for what is likely to be two challenging quarters between now and next spring,” CEO Clifton Beckham said.

USA Truck is ranked No. 54 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.


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