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Experienced Managers Expected to Strengthen Team, Enhance Market Coverage
Van Buren, AR – July 12, 2016 – USAT Logistics, a division of USA Truck, Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, AR, has announced a number of key organizational changes to that it believes will position USAT Logistics for growth.
Matt Lacy, who joined USA Truck as Dallas Branch Manager in 2012, has been named Director of Regional Network for USAT Logistics and will oversee the development and market strategies of USAT’s nine regional sales and operations centers. CH Robinson alum Caleb Boyd joins the organization as Regional Manager in Dallas, filling the vacancy created by Lacy’s promotion. Randy Robles, who has been with the USA Truck organization since 2007, has been named Director of Yield Management and is expected to drive collaborative activities between Trucking and USAT Logistics, with the goal of enhancing efficiency between the two divisions. Tim O’Day, previously a USA Truck Client Manager with more than 20 years of industry experience, has been promoted to Regional Manager for USAT’s Southern California facility.
Additionally, USAT Logistics has hired Sig Cruz to lead its Enterprise Business Development strategy. Cruz is an industry veteran widely recognized for his extensive market knowledge, logistics solutions expertise and success in leading strategic initiatives. Also joining the USAT Logistics management team is Sharon Siar, in the role of Manager of Agent Development. Siar is another well-respected logistics professional, most recently with BNSF Logistics, with nearly 30 years in results driven positions.
“With our new rebranding efforts underway, we hope to overcome the marketplace headwinds by investing in the assets that drive our business . . . people.” said Jim Craig, President of USAT Logistics. “We are aggressively developing and pursuing talent at all of our regional centers as well as our executive offices in Dallas. Matt, Randy, Tim and Caleb are all proven performers who we believe are well-qualified to help us reach our objectives. Sig and Sharon are huge additions to our team and should provide real depth and market reach”.
USAT Logistics has announced ambitious growth expectations and is expanding its service portfolio as well as market coverage. The foundation of USAT Logistics’ value proposition comes from its affiliation with USA Truck, providing access to 1,800 tractors and over 6,000, 53-foot trailers, combined with USAT Logistics’ own diverse logistics service offerings.
“The impact of our ability to combine the strength and stability of our parent company’s assets, with the flexibility and extensive capacity of the USAT third-party logistics model, has been recognized and embraced by our clients”, Craig added.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. These statements generally may be identified by their use of terms or phrases such as “expects,” “estimates,” “anticipates,” “projects,” “believes,” “plans,” “goals,” “intends,” “hope,” “may,” “will,” “should,” “could,” “potential,” “continue,” “strategy,” “future” and terms or phrases of similar substance. Forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Accordingly, actual results may differ materially from those set forth in the forward-looking statements. Readers should review and consider the factors that may affect future results and other disclosures by the Company in its press releases, Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We disclaim any obligation to update or revise any forward-looking statements to reflect actual results or changes in the factors affecting the forward-looking information. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release might not occur. All forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by this cautionary statement.
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About USA Truck
USA Truck provides comprehensive capacity solutions to a broad and diverse customer base throughout North America. Our 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. For more information, visit usa-truck.com or usatlogistics.com.
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Jim A. Craig, President
Senior Manager, Marketing
USA Truck, Inc.
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