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The first-quarter net loss for USA Truck more than doubled and revenue fell, but the truckload carrier’s new CEO said he intends to return the troubled company to profitability by this year’s third quarter.

USA Truck Inc. appointed Jason Bates on April 19 to become the company’s next chief financial officer, plucking away Swift Transportation’s vice president of finance.

Martin Tewari, the president of the trucking division at USA Truck Inc., resigned from his job on March 13, according to a company filing with the Securities and Exchange Commission.

USA Truck Inc. lost money in the fourth quarter and for the full year in 2016, results that newly installed CEO James Reed criticized in a blunt assessment of the overall performance over the past 12 months.

USA Truck CEO Randy Rogers has been let go after only one year in the job and replaced by recently hired Chief Financial Officer James Reed, according to an announcement from the company's chairman of the board that highlighted the need to change approaches at the struggling truckload carrier.

USA Truck in Van Buren, Arkansas, a national logistics company, has launched its Military Transition Apprenticeship Training Program to expand its outreach with U.S. military veterans.

USA Truck Inc. lost $700,000 in the third quarter, the second consecutive three-month period in which the company spent more money than it earned, the company announced Nov. 4.

USA Truck Inc. announced that Executive Vice President Michael Borrows resigned from the trucking and logistics company May 19 as changes continue in its executive ranks.

USA Truck Inc. reported a restructuring-related loss of $1.8 million, or 19 cents, as trucking and logistics performance was affected by the tough freight market.