James Reed, CEO of USA Truck Inc. of Van Buren (Corey S. Krasko)
James Reed, 48, joined USA Truck Inc. of Van Buren as CFO in November 2016 and was then named CEO after Randy Rogers stepped down in January 2017. Reed has been in the transportation industry since 2012 when he joined Interstate Distributor after a career with technology companies. USA Truck reported 2020 fiscal income of $4.7 million and first-quarter 2021 income of $3.6 million.
Reed earned a bachelor’s degree in history and an MBA from Brigham Young University in Provo, Utah. He has a Pacific Islander daughter, a Black daughter-in-law and a biracial granddaughter, and has been vocal in trying to diversify USA Truck and the industry as a whole.
USA Truck Announces Simplified Truckload Driver Pay
ACCESSWIRE
08 May 2021, 01:31 GMT+10
VAN BUREN, AR / ACCESSWIRE / May 7, 2021 / USA Truck, Inc. (NASDAQ:USAK) announced today that, effective May 16, 2021, it has simplified its driver pay package based on driver feedback.
USA Truck engages its professional drivers weekly and anonymously for feedback. The feedback drivers provided stated three things concerning pay: Increase the rate, bonuses are confusing, and they wanted their pay to be easily understood. USA Truck listened to driver feedback and found a way to address driver concerns creating a new uncomplicated truckload pay package. Drivers will receive a higher rate per mile with no qualifiers, bonuses, or mileage bands.
USA Truck, Inc.: USA Truck Announces Simplified Truckload Driver Pay
VAN BUREN, AR / ACCESSWIRE / May 7, 2021 / USA Truck, Inc. (NASDAQ:USAK) announced today that, effective May 16, 2021, it has simplified its driver pay package based on driver feedback.
USA Truck engages its professional drivers weekly and anonymously for feedback. The feedback drivers provided stated three things concerning pay: Increase the rate, bonuses are confusing, and they wanted their pay to be easily understood. USA Truck listened to driver feedback and found a way to address driver concerns creating a new uncomplicated truckload pay package. Drivers will receive a higher rate per mile with no qualifiers, bonuses, or mileage bands.
USA Truck Announces Simplified Truckload Driver Pay
ACCESSWIRE
08 May 2021, 01:31 GMT+10
VAN BUREN, AR / ACCESSWIRE / May 7, 2021 / USA Truck, Inc. (NASDAQ:USAK) announced today that, effective May 16, 2021, it has simplified its driver pay package based on driver feedback.
USA Truck engages its professional drivers weekly and anonymously for feedback. The feedback drivers provided stated three things concerning pay: Increase the rate, bonuses are confusing, and they wanted their pay to be easily understood. USA Truck listened to driver feedback and found a way to address driver concerns creating a new uncomplicated truckload pay package. Drivers will receive a higher rate per mile with no qualifiers, bonuses, or mileage bands.
USA Truck Inc. of Van Buren
USA Truck Inc. of Van Buren reported Thursday first-quarter 2021 income of $3.6 million, an increase from a loss of $2.55 million in the same quarter a year ago.
Revenue for the quarter was $158.5 million, up from $126.3 million a year ago. Earnings per share was 40 cents, up from 30 cents in the same quarter a year ago. The first quarter marked the best first quarter earnings in the company s history, USA Truck CEO James Reed said. I am proud of how the team has bought into our vision, and how our transformation continues to manifest itself in improved operating and financial results.