USA Truck Announces Management Changes
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USA Truck, Inc. (NASDAQ: USAK) announced today that Brandon Cox, Senior
Vice President, Marketing, resigned his position with the Company,
effective November 30, to pursue a career in his family’s
business. Mr. Cox’s position will not be
replaced, but will be consolidated with operations as part of an
organizational realignment to more efficiently coordinate the efforts of
the Company’s sales, customer service and
operations functions. The combined responsibilities are being assumed by
Mr. Garry Lewis, Senior Vice President, Operations.
Mr. Lewis has been employed by the Company and its former parent (ABF
Freight System, Inc.) for 32 years. During his tenure with USA Truck,
Mr. Lewis has accumulated extensive knowledge of the Company’s
operational processes, its customer base and service requirements.
According to Cliff Beckham, President and CEO of USA Truck, "Mr.
Lewis’ experience and wealth of knowledge
regarding our industry and our customers make him the natural fit to
assume these new responsibilities.”
This press release contains forward-looking statements and information
that are based on our current expectations and assumptions we have made
based upon information currently available. Forward-looking statements
include statements relating to our plans, strategies, objectives,
expectations, intentions and adequacy of resources, and may be
identified by words such as "could,” "should,” "may,” "believe,” "expect,” "intend,” "plan,” "schedule,” "estimate,” "project” and
similar expressions. Although we believe that the expectations reflected
in such forward-looking statements are reasonable, we cannot assure you
that such expectations will be realized. If one or more of the risks or
uncertainties underlying such expectations materialize, or if underlying
assumptions prove incorrect, actual results may vary materially from
those expected. Additional risks associated with our operations are
discussed in our SEC filings, including our Annual Report on Form 10-K
for the year ended December 31, 2006, and our subsequent quarterly
reports on Form 10-Q.
All forward-looking statements attributable to us, or persons acting on
our behalf, are expressly qualified in their entirety by this cautionary
statement.
We undertake no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise. In light of these risks and uncertainties,
the forward-looking events and circumstances discussed in this press
release might not occur.
References to the "Company,” "we,” "us,” "our” and words of
similar import refer to USA Truck, Inc. and its subsidiary.
USA Truck is a dry van truckload carrier transporting general
commodities via our General, Regional and Dedicated Freight divisions.
We transport commodities throughout the continental United States and
into and out of portions of Canada. We also transport general
commodities into and out of Mexico by allowing through-trailer service
from our terminal in Laredo, Texas. Our Third Party Logistics and
Strategic Capacity Solutions (freight brokerage) divisions provide
customized transportation solutions using our technology and multiple
modes of transportation including our assets and the assets of our
partner carriers.
This press release will be available to interested parties at our web
site, http://www.usa-truck.com under
the "Financial Data”
tab of the "Investor Relations”
page.