USA Truck posted increased year-over-year profits and revenue during the first quarter, the company reported April 28.
The Van Buren, Ark.-based motor carrier posted net income of $13.1 million, or $1.45 a diluted share, for the three months ending March 31. That represents a 265% improvement over $3.6 million, or 40 cents, during the 2021 period. Total operating revenue increased by 26.8% to $201.1 million from $158.5 million.
“This quarter, USA Truck produced the best first-quarter earnings per share in the company’s history and the seventh consecutive quarter of record earnings,” USA Truck CEO James Reed said. “
