Management from truckload (TL) carrier USA Truck (NASDAQ: USAK) didn’t back down Tuesday from the assertion that recent investments in a regionalized freight model as well as technology could produce significantly higher earnings.
Management said during its earnings conference call with investors that it believes there is roughly 500 basis points of potential operating ratio (OR) improvement in the TL division if rates were to climb back to year-ago levels. This would produce an OR, operating...
https://www.freightwaves.com/news/usa-trucks-management-team-upbeat-on-earnings-recovery