VAN BUREN, Ark.–(BUSINESS WIRE)–USA Truck is excited to announce a major and strategic shift to private ownership within Arkansas, marking an important new phase in its over 40-year history. Following a successful agreement with DSV to transfer 100% of USA Truck, Inc.’s shares to UTAC, LLC, a private firm based in Arkansas, the company proudly returns to the state where its legacy began. The deal has officially closed.
Enduring Strength Ahead: Transitioning to private ownership enables USA Truck to operate more swiftly, flexibly, and with a renewed focus on customer relations, service reliability, and sustainable growth.
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This transition back to private ownership in Arkansas strengthens USA Truck’s identity as a U.S.-based carrier with deep local connections and strong values. Embracing the motto, “USA Truck: Back and Built to Last,” the company is reaffirming its commitment to operational excellence, fostering solid partnerships, and promoting long-term and sustainable growth.
Ownership and Leadership in Arkansas
UTAC, LLC is spearheaded by three individuals with extensive knowledge of USA Truck and the transportation sector, ensuring a smooth transition and focused growth:
George Henry: Serving as the current Chief Executive Officer, Mr. Henry will continue to actively lead the business on a daily basis as CEO.
Zachary King: Formerly the CFO of USA Truck, Mr. King will assist with the business transition as acting CFO.
James Reed: Previous CEO of USA Truck, currently Chairman at Kodiak Robotics & Loram, and Operating Partner at Banner Capital. Mr. Reed will provide advisory support to Mr. Henry and the organization.
Kutak Rock LLP acted as legal advisor to UTAC, LLC during this transaction.
A Vision Rooted in Legacy, Designed for the Future
George Henry, CEO of USA Truck, shared insights on the transition:
“I would like to express my heartfelt appreciation to DSV for their involvement since the acquisition of DB Schenker and their steadfast support throughout this process. The expertise and global supply chain knowledge gained under renowned freight forwarders is now ingrained in our operational framework. We are thrilled to have USA Truck return to U.S. ownership here in our foundation state of Arkansas. We are committed to carrying forward the four-decade legacy established by our founder, a U.S. Naval Aviator, enhanced by unparalleled global experience and market strength. I am eternally grateful to our incredible employees and customers for their unwavering partnership on this journey. Welcome home, USA Truck!”
Enduring Strength Ahead: The transition to private ownership provides USA Truck with the opportunity to operate with enhanced speed, adaptability, and focus, prioritizing customer relationships, dependable service, and structured growth. The company remains on solid financial ground, well-positioned to enhance its reputation as a reliable transportation partner.
About USA Truck
Founded in 1983, USA Truck is a premier provider of transportation and logistics solutions, dedicated to delivering safe, efficient, and client-focused services across North America. With a fleet of 1,800 trucks and 6,000 trailers, alongside extensive logistics offerings, USA Truck plays a significant role in the North American transportation landscape, serving clients ranging from Fortune 100 companies to regional family businesses.
