USAK - USAトラック （USA Truck Inc.）

If CEO James Reed is running around a little hectic these days, it’s no small wonder.

USA Truck (USAK) investors are buzzing over its pending merger with the German company DB Schenker in a $435 million deal. Management has announced that the company will sell itself to logistics giant DB Schenker for $31.72 per share. The deal will see the company delist from Nasdaq, which means it will go private. As a result, I am bullish. Investors looking for a merger arbitrage play can find some extra reward in this opportunity. The share price of the company has improved. Still, it trades at a discount versus its buyout level, meaning there''s still some upside left. The easy money has been made on this one.

VAN BUREN, AR / ACCESSWIRE / July 19, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, Ark., was named to the 2022 Transport Topics Top 100 Lis…

VAN BUREN, AR / ACCESSWIRE / July 19, 2022 / USA Truck Inc. (NASDAQ:USAK), a leading capacity solutions provider headquartered in Van Buren, Ark., was named to the 2022 Transport Topics Top 100 List of the largest for-hire carriers in North …

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of USA Truck, Inc. (NASDAQ: USAK ) ("USA Truck") breached their fiduciary duties or violated the federal securities laws in connection with the company''s acquisition by DB Schenker ("DB Schenker"). Click here to learn more and participate in the action. On June 24, 2022, USA Truck announced that it had entered into an agreement to be acquired by DB Schenker in an all cash deal. Pursuant to … Full story available on Benzinga.com

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of USA Truck, Inc. (NASDAQ: USAK ) ("USA Truck") breached their fiduciary duties or violated the federal securities laws in connection with the company''s acquisition by DB Schenker ("DB Schenker"). Click here to learn more and participate in the action. On June 24, 2022, USA Truck announced that it had entered into an agreement to be acquired by DB Schenker in an all cash deal. Pursuant to … Full story available on Benzinga.com

Gainers USA Truck, Inc. (NASDAQ: USAK ) shares climbed 112.6% to close at $31.00 on Friday. DB Schenker and USA Truck announced plans to combine and create premier North American transportation solutions provider. Benitec Biopharma Inc. (NASDAQ: BNTC ) jumped 64.9% to close at $1.22. Benitec Biopharma, last month, posted a Q3 loss of $0.40 per share. ToughBuilt Industries, Inc. (NASDAQ: TBLT ) climbed 55.2% to close at $2.70 after jumping 26% on Thursday. ToughBuilt Industries reported closing of $6 million public offering. T Stamp Inc. (NASDAQ: IDAI ) gained 36% to close at $1.85. Sera Prognostics, Inc. (NASDAQ: SERA ) jumped 34.6% to close at $1.75. WiSA Technologies, Inc. (NASDAQ: WISA ) surged 32.9% to close at $0.80. FingerMotion, Inc. (NASDAQ: FNGR ) rose 30.4% to settle at $1.80. Boxed, Inc. (NYSE: BOXD ) gained 29.6% to close at $2.32. Ikena Oncology, Inc. (NASDAQ: IKNA ) surged 29.4% to close at $5.37. Ikena Oncology recently received Fast Track designation from the U.S. Food and Drug Administration (FDA) for IK-930, in patients with unresectable NF2-deficient malignant pleural mesothelioma (MPM).

At the close on the New York Stock Exchange, the Dow Jones rose 2.68%, the S&P 500 index rose 3.06%, the NASDAQ Composite index rose 3.34%. Salesforce.com Inc was the top performer among the components of the Dow Jones index today, up 12.87 points or 7.44% to close at 185.92. Quotes of Goldman Sachs Group Inc rose by 16.58 points (5.79%), ending trading at 302.75. Boeing Co rose 7.56 points or 5.64% to close at 141.53. The losers were shares of Verizon Communications Inc, which shed 1.13 points or 2.17% to end the session at 50.96. UnitedHealth Group Incorporated rose 4.17 points (0.83%) to close at 495.64, while Walmart Inc rose 0.10 points (0.08%) to close at 123. 72. Leading gainers among the S&P 500 index components in today''s trading were Royal Caribbean Cruises Ltd, which rose 15.77% to 41.76, Norwegian Cruise Line Holdings Ltd, which gained 15.36% to close at 13. 22, as well as Penn National Gaming Inc, which rose 12.66% to close the session at 32.12. The biggest losers were Verizon Communications Inc, which shed 2.17% to close at 50.96.

USA Truck has agreed to sell itself to another buyer and shares have skyrocketed. Why do I rate USAK stock a soft ‘buy’? Click here to find out.

MILWAUKEE, June 24, 2022 /PRNewswire/ -- Ademi LLP is investigating USA Truck (NASDAQ: USAK) for possible breaches of fiduciary duty and other violations of law in its transaction with DB Schenker. Click here to learn how to join the action: https://www.ademilaw.com/case/usa-truck-inc or…

The Women In Trucking Association (WIT), Truckstop.com and Transportation Intermediaries Association (TIA) announced today Nicole Glenn , president and CEO, Candor Expedite, as the winner of the eighth annual Distinguished Woman in Logistics Award (DWLA). SAN DIEGO , April 7, 2022 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT), Truckstop.com and Transportation Intermediaries Association (TIA) announced today Nicole Glenn , president and CEO, Candor Expedite, as the winner of the eighth annual Distinguished Woman in Logistics Award (DWLA). Glenn was chosen among four finalists for the award. The other finalists include LeAnne Coulter , vice president, freight management for Penske Logistics; Erin Gattis , chief human resources officer, ArcBest; and Kim Littlejohn , senior vice president and chief information officer, USA Truck. The finalists and winner were recognized today during the 2022 TIA Capital Ideas Conference and Exhibition. "Nicole is truly a distinguished woman in logistics, and we are proud to recognize her for this honor," said Ellen Voie , president and CEO, WIT. "She has demonstrated remarkable business growth at the helm of Candor Express and we look forward to her continued success in the coming years." Glenn founded Candor Expedite in 2017 after more than two decades in the transportation brokerage business, with a vision to build the smartest and most efficient freight business that delivers on its promises.

Stephens dropped its price target on USA Truck (USAK) to $25 from previous $27 in a research report released on Friday. The news sent down stock down 14% to trade at $17.78 at the…