USA Truck Posts First Positive Quarter Of 2017, Revenue Up 8.3%

Gains in revenue per mile were partially offset by rising driver costs during the third quarter, but USA Truck was able to post its first positive quarter for the year with net income of $409,000, a good swing from the $734,000 loss during the same quarter of 2016.

The Van Buren-based trucking and logistics company posted third quarter revenue of $114.235 million, better than the $105.458 million in the same quarter of 2016. The earnings report was posted Thursday (Nov. 2) after the equity markets closed.

Revenue for the first three quarters of 2017 is $323.263 million, just below the $325.964 million during the same period in 2016. The company lost $7.561 million during the first three quarters, more than the $2.878 million loss during the same period of 2016.    MORE

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