Group 1 - An Arkansas-based entity, UTAC, is acquiring USA Truck and its subsidiaries, marking a return to the company's original ownership [3][4] - The acquisition is expected to enhance USA Truck's operational speed, flexibility, and focus on customer relationships, service reliability, and disciplined growth [3] - USA Truck operates a fleet of 1,800 trucks and 6,000 trailers, providing dedicated, intermodal, logistics, and other transportation services [4] Group 2 - The deal follows a trend of mergers and acquisitions in the transportation sector, with the Oren family selling Dart transportation business to a private investment firm [5] - Economic factors such as easing interest rates and a modest rebound in freight volumes are encouraging buyers to revisit previously paused deals [5] - The transaction was finalized by USA Truck's CEO George Henry and former executives, following DSV's acquisition of USA Truck in April 2025 [7]
USA Truck CEO, former execs privatize carrier
Yahoo Finance·2026-01-12 11:30