USA Truck provides comprehensive capacity solutions to a broad and diverse customer base throughout North America. Its Trucking and USAT Logistics divisions blend an extensive portfolio of asset and asset-light services, offering a balanced approach to supply chain management including customized truckload, dedicated contract carriage, intermodal and third-party logistics freight management services.
Company profile
Ticker
USAK
Exchange
Website
CEO
James Reed
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
USA Truck, LLC • USA Truck Fleetco, LLC • USA Truck Logistics, LLC • International Freight Services, Inc. • Davis Transfer Company Inc • Davis Transfer Logistics Inc. • B & G Leasing, L.L.C. • Skyraider Risk Retention Group Inc. ...
IRS number
710556971
USAK stock data
News
5 Value Stocks In The Industrials Sector
27 Jul 22
Carnival Surges Over 12%, Here's 75 Biggest Movers From Friday
27 Jun 22
Nasdaq Surges 300 Points; USA Truck Shares Spike Higher
24 Jun 22
11 Industrials Stocks Moving In Friday's Intraday Session
24 Jun 22
Dow Jumps 650 Points; CalAmp Shares Plummet
24 Jun 22
Press releases
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates PING, PFHD, SBCF, USAK
9 Aug 22
USA TRUCK INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of USA Truck, Inc. - USAK
8 Aug 22
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates MANT, USAK, VMW, MN
26 Jul 22
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates DRE, USAK, IS
19 Jul 22
USA TRUCK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of USA Truck, Inc. - USAK
15 Jul 22
Calendar
8 Aug 22
9 Aug 22
31 Dec 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 8.5M | 8.5M | 8.5M | 8.5M | 8.5M | 8.5M |
| Cash burn (monthly) | 22.67K | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 30.42K | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 8.47M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 373.6 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 May 22 | Penkar Rajan | Common Stock | Grant | Acquire A | No | No | 0 | 2,906 | 0 | 5,663 |
| 18 May 22 | Barbara J Faulkenberry | Common Stock | Grant | Acquire A | No | No | 0 | 2,906 | 0 | 29,062 |
| 18 May 22 | Mary Susan Chambers | Common Stock | Grant | Acquire A | No | No | 0 | 2,906 | 0 | 20,719 |
| 18 May 22 | Gary Enzor | Common Stock | Grant | Acquire A | No | No | 0 | 2,906 | 0 | 2,906 |
| 18 May 22 | Creager Robert E. | Common Stock | Grant | Acquire A | No | No | 0 | 2,906 | 0 | 60,882 |
Institutional ownership, Q1 2022
61.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 85 |
| Opened positions | 19 |
| Closed positions | 7 |
| Increased positions | 22 |
| Reduced positions | 25 |
| 13F shares | Current |
|---|---|
| Total value | 120.6M |
| Total shares | 5.57M |
| Total puts | 52.2K |
| Total calls | 10.3K |
| Total put/call ratio | 5.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Dimensional Fund Advisors | 627.2K | $12.92M |
| Grace & White | 525.69K | $10.83M |
| Vanguard | 387.43K | $7.98M |
| Acadian Asset Management | 291.17K | $5.99M |
| Hillsdale Investment Management | 240.26K | $4.95M |
| Assenagon Asset Management | 191.34K | $3.94M |
| Acuitas Investments | 191.25K | $3.94M |
| Bridgeway Capital Management | 188.43K | $3.88M |
| LSV Asset Management | 182.3K | $3.76M |
| RK Capital Management | 178.9K | $3.69M |
Financial report summary
?Management Discussion
- The Company uses the terms “base revenue”, “adjusted operating ratio” and “adjusted operating income” throughout this MD&A. Adjusted operating ratio and adjusted operating income, as defined here, are non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (“SEC”). Management uses adjusted operating ratio and adjusted operating income as supplements to the Company’s GAAP results in evaluating certain aspects of its business, as discussed below.
- Base revenue is calculated as operating revenue less fuel surcharge revenue and intercompany eliminations. Adjusted operating ratio is calculated as operating expenses excluding amortization of acquisition related intangibles, net of fuel surcharge revenue, as a percentage of operating revenue excluding fuel surcharge revenue. Adjusted operating income is defined as operating income excluding amortization of acquisition related intangibles, net of fuel surcharge revenue, from operating revenue, net of fuel surcharge revenue.
- The Company’s chief operating decision-maker focuses on base revenue, adjusted operating ratio and adjusted operating income as indicators of the Company’s performance from period to period.
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Bad
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New words:
absence, accessorial, accuracy, Antitrust, approval, approve, Assuming, attention, August, award, Buren, Committee, connection, consent, consummate, consummation, converted, DB, declaring, diligence, disruption, enacted, enforced, entity, exacerbated, expenditure, expiration, frame, governmental, HSR, individually, inspection, instituted, land, leading, merged, merger, pendency, pending, promulgated, PSU, recommendation, resolve, response, satisfaction, Schenker, sell, softening, subsidiary, Superior, surviving, Tango, thereon, unexercisable, unexercised, unvested, valid, Van, view, vote, waiting, waived, waiver, withholding, York
Removed:
April, secondarily, structure
Financial reports
Current reports
8-K
DB Schenker and USA Truck to Combine and Create Premier North American Transportation Solutions Provider
24 Jun 22
8-K
Departure of Directors or Certain Officers
15 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
23 May 22
8-K
USA Truck Reports First Quarter 2022 Results
28 Apr 22
8-K
Departure of Directors or Certain Officers
3 Mar 22
8-K
USA Truck Reports Record Fourth Quarter and Full Year 2021 Results
3 Feb 22
8-K
USA Truck Reports Record Third Quarter 2021 Results
28 Oct 21
8-K
USA Truck Reports Second Quarter 2021 Results
29 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
12 May 21
8-K
USA Truck Reports First Quarter 2021 Results
29 Apr 21
Registration and prospectus
S-8
Registration of securities for employees
20 May 22
S-8 POS
Registration of securities for employees (post-effective amendment)
7 May 21
S-8
Registration of securities for employees
20 May 19
S-8
Registration of securities for employees
6 Jun 17
424B5
Prospectus supplement for primary offering
14 May 15
424B5
Prospectus supplement for primary offering
7 May 15
S-3/A
Shelf registration (amended)
4 May 15
S-3
Shelf registration
5 Mar 15
Proxies
DEFM14A
Proxy related to merger
3 Aug 22
PREM14A
Preliminary proxy related to merger
18 Jul 22
DEFA14A
Additional proxy soliciting materials
30 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
DEFA14A
Additional proxy soliciting materials
24 Jun 22
Other
EFFECT
Notice of effectiveness
18 May 21
CORRESP
Correspondence with SEC
12 May 21
UPLOAD
Letter from SEC
11 May 21
UPLOAD
Letter from SEC
20 Dec 20
CORRESP
Correspondence with SEC
17 Dec 20
UPLOAD
Letter from SEC
10 Dec 20
UPLOAD
Letter from SEC
28 Aug 18
CORRESP
Correspondence with SEC
26 Aug 18
UPLOAD
Letter from SEC
13 Aug 18
EFFECT
Notice of effectiveness
14 May 18
Ownership
SC 13D
USA TRUCK / Magnetar Financial ownership change
7 Jul 22
4
USA TRUCK / Alexander David Greene ownership change
20 May 22
4
USA TRUCK / Robert E. Creager ownership change
20 May 22
4
USA TRUCK / GARY ENZOR ownership change
20 May 22
4
USA TRUCK / Mary Susan Chambers ownership change
20 May 22
4
USA TRUCK / Barbara J Faulkenberry ownership change
20 May 22
4
USA TRUCK / Rajan Penkar ownership change
20 May 22
4
USA TRUCK / Timothy W Guin ownership change
3 May 22
4
USA TRUCK / Zachary B King ownership change
25 Apr 22
4
USA TRUCK / James D Reed ownership change
29 Mar 22
Transcripts
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
9 May 20
2019 Q4
Earnings call transcript
31 Jan 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
26 Jul 19
2019 Q1
Earnings call transcript
26 Apr 19
Reddit threads
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Pre-market summary - June 16th
16 Jun 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Buying the dip?
23 Apr 22
Wall Street Week Ahead for the trading week beginning April 25th, 2022
23 Apr 22
Value investing simple stock screener
23 Apr 22
[Weekly Megathread] Markets and Value Stock Ideas, Week of April 18, 2022
18 Apr 22