USA Truck announces 4Q profit, lower base revenue

Cybergal · Jan 29, 2009

USA Truck announces 4Q profit, lower base revenue

USA Truck today, Jan. 29, announced base revenue of $92.9 million for the three months ended Dec. 31, a decrease of 2.9 percent from $95.7 million for the same quarter of 2007. Net income increased to $0.6 million from a net loss of $1.6 million.

Base revenue increased 1.6 percent to $397.6 million for the 12 months ended Dec. 31 from $391.2 million for the same period of 2007. Net income increased to $3.1 million from $0.1 million.
http://www.etrucker.com/apps/news/article.asp?id=75691
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Locdrjr · Feb 1, 2009

USA Truck reduced its company-owned fleet size by about 250 tractors, or 10.3 percent, during the quarter. "We are committed to maintaining the proper fleet size necessary to protect our pricing yield and equipment utilization," Beckham said;
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they let the drivers of these 250 truck go also, pricing yeild huh??? glad I left when I did...

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