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Usa Cartage history
Usa Cartage company history timeline
During war, however, the need for military transportation habitually expanded into organizations that managed the different modes, such as wagons, boats, and railroads. [The Quartermaster, Subsistence, and Pay Departments were consolidated in 1912 to create the Quartermaster Corps.]
On 31 July 1942, the Department of War recognized the need for a single manager of Army transportation and created a new branch, the Transportation Corps.
After spending a short amount of time in Nashville as a District Manager, Barry Pearse returned to the city in 1977 with his new bride and an idea for a cartage company.
Formation of Company Following Trucking Industry Deregulation: 1983
USA Truck became an independent company in 1988 when six executives from Arkansas Best subsidiary ABF Freight purchased USA Truck for $20.4 million—$2.4 million in cash and the balance in assumed debt.
With 413 tractors and 750 trailers, USA Truck saw revenues and net income reach $53 million and $2 million, respectively, in 1991.
By March 1992, USA Truck was ready take the company public with an initial offering of 1.2 million shares at $12.50 each.
In 1993 USA Truck saved $500,000 in retraining costs and driver turnover had declined from 105 percent to 85 percent per year, compared to an industry average of 100 percent turnover per year and an industry high of 200 percent turnover.
In 1994 USA Truck operated a fleet of 711 tractors and 1,202 trailers with 712 drivers, garnering $92.5 million in revenues and $8.1 million in net income.
1994: Company experiences third consecutive year of 20 percent internal growth.
A driver support and maintenance facility opened in Shreveport, Louisiana, in August 1995.
In 1995, the company continued to expand as it began operating a line haul operation into Atlanta.
Average miles per tractor per week peaked at 2,565 miles, but stabilized at approximately 2,400 miles in the years that followed with the conversion to 53-foot trailers, beginning in 1995.
In 1996, the second Accelerated terminal was opened in Memphis after the multiple requests from a large number of customers.
By the end of 1996 USA Truck operated 862 tractors and 1,510 trailers, employing 922 drivers.
In 1997, a third terminal was opened after the Atlanta terminal had grown too large for an agent operation.
Revenues increased 10 percent to $129.5 million in 1997, while net income reached $7.9 million.
New developments in 1997 included trailer service to Mexico through Laredo, Texas, whereby USA Truck delivered or received Laredo freight for transfer into Mexico or the United States.
In 1997 the company installed onboard communications via two-way satellite mobile messaging and global positioning (GPS). The system allowed the company to provide real-time transit data to its customers and it gave drivers undisturbed rest while waiting for a new assignment.
The company added 53-foot trailers to its fleet to serve this market, expanding by more than 20 percent to 1,928 trailers, and adding 71 tractors for a total of 1,033 at the end of 1997.
Since the surcharge applied only to revenue producing miles, however, empty miles still added $3.1 million to fuel expense, an average per gallon increase of ten cents over 1998.
The combination of all of these factors resulted in a net income of only $94,000 in 2000, despite revenues of $226.6 million.
In January 2001, only 93 tractors remained unmanned and by mid-February the company reached 100 percent tractor driver availability.
With the economy stabilizing, USA Truck sustained a fairly even level of fleet availability in 2001.
In 2002, expansion continued with the launch of service to the Dallas/ Ft.
Additionally in 2006, a terminal was opened in the Charlotte region as well as an agent in Greenville, SC. (GSP).
In late 2007, Accelerated began looking at building service up the Atlantic coast.
A terminal was opened in IAD in late 2007.
In 2007, a need to expand service into Greensboro, NC was identified.
February 6th, 2012- With our great customer support, ACC was able to open its own office in Cincinnati, OH making this our 10th company owned office
February 1st, 2013- Brook Pearse named President of Accelerated Inc.
May 17th, 2013- ACC proud to announce opening its 11th company owned station in Raleigh, NC.
January 1st, 2014- ACC proud to announce opening its 12th company owned station in Indianapolis, IN
2022 United States Army | Transportation Corps
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Usa Cartage competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Holland Enterprises | 1972 | - | 350 | 3 |
| Bohren Logistics | 1985 | $5.7M | 33 | 5 |
| G&P Trucking | 1936 | $153.3M | 100 | 1 |
| Nancy Baer | 1978 | $20.2M | 300 | - |
| Total Transportation of Mississippi | 1990 | $310.0M | 3,000 | 2 |
| Wynne Transport Service | 1952 | $32.5M | 24 | - |
| Dynamic Transit | 1987 | $2.0M | 100 | 23 |
| Ruan | 1932 | $350.0M | 3,000 | 557 |
| Tri-National Inc | 2004 | $21.1M | 582 | 8 |
| Dot-Line Transportation | 1985 | $4.8M | 50 | 2 |
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Usa Cartage may also be known as or be related to USA Cartage, Usa Cartage and Usa Cartage Inc.