Thursday, January 27, 2011

USA Truck posts $3.3 million loss in 2010

"Van Buren-based USA Truck Inc. continues to struggle with net income losses in 2010 and 2009 totaling more than $10 million.

The long-haul carrier reported Thursday (Jan. 27) a 2010 net income loss of $3.308 million, an improvement compared to a 2009 net income loss of $7.177 million. However, total revenue in 2010 was $460.161 million, up 20.3% compared to 2009. The 17-cent per share net income loss was also off analyst estimates of a 9-cent per share loss."