USA Truck (USAK) 10-Q4 Nov 192019 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2019	Oct. 17, 2019
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2019
Entity File Number	1-35740
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	71-0556971
Entity Address, Address Line One	3200 Industrial Park Road
Entity Address, City or Town	Van Buren
Entity Address, State or Province	AR
Entity Address, Postal Zip Code	72956
City Area Code	479
Local Phone Number	471-2500
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	USAK
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		8,572,778
Entity Registrant Name	USA TRUCK INC.
Entity Central Index Key	0000883945
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 284	$ 989
Accounts receivable, net of allowance for doubtful accounts of $367 and $575, respectively	55,078	57,189
Other receivables	6,874	5,688
Inventories	718	722
Assets held for sale	4,357	2,611
Prepaid expenses and other current assets	4,816	7,675
Total current assets	72,127	74,874
Property and equipment:
Land and structures	32,818	32,434
Revenue equipment	295,790	280,623
Service, office and other equipment	30,130	28,094
Property and equipment, at cost	358,738	341,151
Accumulated depreciation and amortization	(116,698)	(115,766)
Property and equipment, net	242,040	225,385
Operating leases - right of use assets	12,077
Goodwill	5,231	4,926
Other intangibles, net	16,793	17,837
Other assets	1,662	1,003
Total assets	349,930	324,025
Current liabilities:
Accounts payable	23,759	23,482
Current portion of insurance and claims accruals	13,512	15,852
Accrued expenses	7,313	9,366
Current finance lease obligations	19,469
Current finance lease obligations		17,292
Current operating lease obligations	7,556
Long-term debt, current maturities	1,647	0
Insurance premium financing		4,435
Total current liabilities	73,256	70,427
Deferred gain	119	84
Long-term debt, less current maturities	87,093	85,300
Long-term finance lease obligations	68,610
Long-term finance lease obligations		53,460
Long-term operating lease obligations	4,568
Deferred income taxes	23,564	23,518
Insurance and claims accruals, less current portion	10,209	9,963
Total liabilities	267,419	242,752
Stockholders' equity:
Preferred Stock, $0.01 par value; 1,000,000 shares authorized; none issued	0	0
Common Stock, $0.01 par value; 30,000,000 shares authorized; issued 11,988,480 shares, and 12,011,495 shares, respectively	120	120
Additional paid-in capital	62,585	66,433
Retained earnings	78,596	78,467
Less treasury stock, at cost (3,415,662 shares, and 3,650,060 shares, respectively)	(58,790)	(63,747)
Total stockholders' equity	82,511	81,273
Total liabilities and stockholders' equity	$ 349,930	$ 324,025

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Allowance for doubtful accounts	$ 367	$ 575
Stockholders' equity:
Preferred Stock, par or stated value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred Stock, shares issued (in shares)	0	0
Common Stock, par or stated value per share (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized (in shares)	30,000,000	30,000,000
Common Stock, shares issued (in shares)	11,988,480	12,011,495
Treasury stock, shares (in shares)	(3,415,662)	3,650,060

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND
Operating revenue	$ 130,924	$ 132,583	$ 398,520	$ 392,977
Operating expenses:
Salaries, wages and employee benefits	32,846	31,540	102,742	95,423
Fuel and fuel taxes	13,842	13,823	41,575	41,286
Depreciation and amortization	9,652	6,735	27,595	21,392
Insurance and claims	2,427	2,916	7,715	7,785
Equipment rent	6,499	5,946	20,939	16,889
Operations and maintenance	8,829	8,237	24,583	25,111
Purchased transportation	51,281	52,640	148,634	157,495
Operating taxes and licenses	1,218	1,136	3,646	2,900
Communications and utilities	967	674	2,453	2,064
Gain on disposal of assets, net	(696)	(901)	(700)	(1,466)
Impairment of assets held for sale	1	0	368	0
Reversal of restructuring, impairment and other costs	0	0	0	(639)
Other	4,092	4,034	13,100	12,231
Total operating expenses	130,958	126,780	392,650	380,471
Operating (loss) income	(34)	5,803	5,870	12,506
Other expenses:
Interest expense, net	1,615	811	4,951	2,462
Other, net	145	420	453	653
Total other expenses, net	1,760	1,231	5,404	3,115
(Loss) income before income taxes	(1,794)	4,572	466	9,391
Income tax (benefit) expense	(421)	1,272	337	2,512
Consolidated net (loss) income and comprehensive (loss) income	$ (1,373)	$ 3,300	$ 129	$ 6,879
Net (loss) earnings per share:
Average shares outstanding (basic) (in shares)	8,564	8,223	8,509	8,170
Basic (loss) earnings per share (in dollars per share)	$ (0.16)	$ 0.40	$ 0.02	$ 0.84
Average shares outstanding (diluted) (in shares)	8,564	8,240	8,522	8,193
Diluted (loss) earnings per share (in dollars per share)	$ (0.16)	$ 0.40	$ 0.02	$ 0.84

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common StockAs Reported	Common Stock	Additional Paid-in CapitalAs Reported	Additional Paid-in Capital	Retained EarningsAs Reported	Retained EarningsAdjustments	Retained Earnings	Treasury StockAs Reported	Treasury Stock	As Reported	Adjustments	Total
Balance at Dec. 31, 2017		$ 121		$ 68,667			$ 65,460		$ (67,760)			$ 66,488
Balance (in shares) at Dec. 31, 2017		12,142
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				(2,094)					2,094
Stock-based compensation				(136)								(136)
Forfeited restricted stock (in shares)		(49)
Net share settlement related to restricted stock vesting				(40)								(40)
Net share settlement related to restricted stock vesting (in shares)		(2)
Net income (loss)							1,035					1,035
Balance at Mar. 31, 2018		$ 121		66,397			66,495		(65,666)			67,347
Balance (in shares) at Mar. 31, 2018		12,091
Balance at Dec. 31, 2017		$ 121		68,667			65,460		(67,760)			66,488
Balance (in shares) at Dec. 31, 2017		12,142
Increase (Decrease) in Stockholders' Equity
Net income (loss)												6,879
Balance at Sep. 30, 2018		$ 120		66,355			72,339		(64,976)			73,838
Balance (in shares) at Sep. 30, 2018		12,012
Balance at Mar. 31, 2018		$ 121		66,397			66,495		(65,666)			67,347
Balance (in shares) at Mar. 31, 2018		12,091
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				(894)					894
Stock-based compensation				304								304
Forfeited restricted stock		$ (1)		1
Forfeited restricted stock (in shares)		(76)
Net share settlement related to restricted stock vesting				(70)								(70)
Net income (loss)							2,544					2,544
Balance at Jun. 30, 2018		$ 120		65,738			69,039		(64,772)			70,125
Balance (in shares) at Jun. 30, 2018		12,015
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				204					(204)
Stock-based compensation				437								437
Forfeited restricted stock (in shares)		(3)
Net share settlement related to restricted stock vesting				(24)								(24)
Net income (loss)							3,300					3,300
Balance at Sep. 30, 2018		$ 120		66,355			72,339		(64,976)			73,838
Balance (in shares) at Sep. 30, 2018		12,012
Increase (Decrease) in Stockholders' Equity
Correction of error (Note 15) \| Correction of immaterial errors						$ 803					$ 803
Balance, as adjusted		$ 120		66,433			78,467		(63,747)			81,273
Balance at Dec. 31, 2018	$ 120		$ 66,433		$ 77,664			$ (63,747)		$ 80,470
Balance (in shares) at Dec. 31, 2018	12,012	12,012
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				(4,558)					4,558
Stock-based compensation				589								589
Net share settlement related to restricted stock vesting				(72)								(72)
Net share settlement related to restricted stock vesting (in shares)		(5)
Net income (loss)							1,501					1,501
Balance at Mar. 31, 2019		$ 120		62,392			79,968		(59,189)			83,291
Balance (in shares) at Mar. 31, 2019		12,007
Balance at Dec. 31, 2018	$ 120		$ 66,433		$ 77,664			$ (63,747)		$ 80,470
Balance (in shares) at Dec. 31, 2018	12,012	12,012
Increase (Decrease) in Stockholders' Equity
Net income (loss)												129
Balance at Sep. 30, 2019		$ 120		62,585			78,596		(58,790)			82,511
Balance (in shares) at Sep. 30, 2019		11,988
Balance at Mar. 31, 2019		$ 120		62,392			79,968		(59,189)			83,291
Balance (in shares) at Mar. 31, 2019		12,007
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				(378)					378
Stock-based compensation				705								705
Forfeited restricted stock (in shares)		(18)
Net share settlement related to restricted stock vesting				(1)								(1)
Net income (loss)							1					1
Balance at Jun. 30, 2019		$ 120		62,718			79,969		(58,811)			83,996
Balance (in shares) at Jun. 30, 2019		11,989
Increase (Decrease) in Stockholders' Equity
Issuance of treasury stock				(21)					21
Stock-based compensation				(107)								(107)
Net share settlement related to restricted stock vesting				(5)								(5)
Net share settlement related to restricted stock vesting (in shares)		(1)
Net income (loss)							(1,373)					(1,373)
Balance at Sep. 30, 2019		$ 120		$ 62,585			$ 78,596		$ (58,790)			$ 82,511
Balance (in shares) at Sep. 30, 2019		11,988

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operating activities:
Net income	$ 129	$ 6,879
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	27,595	21,392
Deferred income tax, net	46	(1,321)
Share-based compensation	1,187	605
Gain on disposal of assets, net	(700)	(1,466)
Impairment of assets held for sale	368	0
Reversal of restructuring, impairment and other costs	0	(639)
Other	84	290
Changes in operating assets and liabilities:
Accounts and other receivables	925	(3,436)
Inventories and prepaid expenses	3,401	2,117
Accounts payable and accrued liabilities	(4,385)	3,833
Insurance and claims accruals	(1,558)	505
Other long-term assets and liabilities	(658)	171
Net cash provided by operating activities	26,434	28,930
Investing activities:
Acquisition of Davis Transfer Company (net of cash)	(305)
Capital expenditures	(25,156)	(12,787)
Proceeds from sale of property and equipment	8,771	8,776
Proceeds from operating sale leaseback		5,323
Net cash (used in) provided by investing activities	(16,690)	1,312
Financing activities:
Borrowings under long-term debt	72,125	28,210
Payments on long-term debt	(85,310)	(47,550)
Proceeds from obligation under finance lease	12,795	0
Payments on obligation under finance lease	(605)
Payments on finance lease obligations		(11,564)
Payments on finance lease obligations	(10,021)
Payment of debt issuance costs	(538)	0
Net change in bank drafts payable	1,183	731
Net payments for tax withholdings for vested stock-based awards	(78)	(134)
Net cash used in financing activities	(10,449)	(30,307)
Decrease in cash	(705)	(65)
Cash:
Beginning of period	989	71
End of period	284	6
Supplemental disclosure of cash flow information:
Interest	4,253	2,469
Income taxes	1,189	3,586
Supplemental disclosure of non-cash investing:
Sales of revenue equipment included in accounts receivable	1,240
Purchase of revenue equipment included in accounts payable	$ 1,420	$ 60

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2019
BASIS OF PRESENTATION
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION The accompanying condensed consolidated financial statements include the accounts and operations of USA Truck Inc., and present our financial position as of September 30, 2019 and December 31, 2018 and the results of our operations, comprehensive (loss) income and cash flows for the nine months ended September 30, 2019 and 2018. These condensed consolidated financial statements and notes are prepared pursuant to the rules and regulations of the Securities and Exchange Commission for interim reporting and do not include all of the information normally included with financial statements prepared in accordance with generally accepted accounting principles ("GAAP") of the United States. These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2018. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. These condensed consolidated financial statements and notes are unaudited. However, in the opinion of management, these condensed consolidated financial statements reflect all normal recurring adjustments necessary for a fair presentation of the results for the periods presented. Results for interim periods are not necessarily indicative of results to be expected for the full year ending December 31, 2019. The accompanying unaudited condensed consolidated financial statements include USA Truck Inc., and its wholly owned subsidiaries: International Freight Services, Inc. ("IFS"), a Delaware corporation; Davis Transfer Company Inc., a Georgia corporation ("DTC"), Davis Transfer Logistics Inc., a Georgia corporation ("DTL"), and B & G Leasing, L.L.C., a Georgia limited liability company, ("B & G," and collectively with DTC and DTL, "Davis Transfer Company"). References in this report to "it," "we," "us," "our," or the "Company," and similar expressions refer to USA Truck Inc. and its subsidiaries. All significant intercompany balances and transactions have been eliminated in preparing the consolidated financial statements. Certain amounts reported in prior periods have been reclassified to conform to the current year presentation.

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	9 Months Ended
NEW ACCOUNTING PRONOUNCEMENTS	Sep. 30, 2019
NEW ACCOUNTING PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS	NOTE 2 – NEW ACCOUNTING PRONOUNCEMENTS In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842) ("ASU 2016-02"), which required lessees to recognize a right-of-use ("ROU") asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. Lessor accounting under the new standard is substantially unchanged. Additional qualitative and quantitative disclosures, including significant judgments made by management, are required. The Company adopted the new standard beginning with the first quarter of 2019 using a modified retrospective transition approach, which included a number of practical expedients. The effect of the adoption is reflected within the condensed consolidated financial statements (see Note 10 - Leases and Right of Use Assets).

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
REVENUE RECOGNITION	Sep. 30, 2019
REVENUE RECOGNITION
REVENUE RECOGNITION	NOTE 3 – REVENUE RECOGNITION Revenue is measured based upon consideration specified in a contract with a customer. The Company recognizes revenue over time, as contractual performance obligations are satisfied by transferring the benefit of the service to our customer. The benefit is transferred to the customer as the service is provided and revenue is recognized accordingly via time-based metrics. A corresponding contract asset of $1.2 million and $1.1 million was recorded in the September 30, 2019 and December 31, 2018 balance sheets, respectively, in the Accounts receivable, net line item. The Company is entitled to receive payment as it satisfies performance obligations with customers. The amount of remaining performance obligations relating to loads in process at 11:59 pm as of the end of each reporting period was deemed to be immaterial. Our business consists of two reportable segments, Trucking and USAT Logistics (see Note 4 - Segment Reporting). The following tables set forth revenue disaggregated by revenue type and segment: Three Months Ended September 30, 2019 2018 Trucking USAT Logistics Eliminations Total Trucking USAT Logistics Eliminations Total Revenue type (in thousands) Freight $ 80,002 $ 34,753 $ (1,778) $ 112,977 $ 72,924 $ 43,647 $ (3,051) $ 113,520 Fuel surcharge 12,274 3,991 (250) 16,015 12,002 4,283 (303) 15,982 Accessorial 1,311 621 — 1,932 1,875 1,206 — 3,081 Total $ 93,587 $ 39,365 $ (2,028) $ 130,924 $ 86,801 $ 49,136 $ (3,354) $ 132,583 Nine Months Ended September 30, 2019 2018 Trucking USAT Logistics Eliminations Total Trucking USAT Logistics Eliminations Total Revenue type (in thousands) Freight $ 244,089 $ 106,081 $ (6,199) $ 343,971 $ 212,858 $ 129,955 $ (4,462) $ 338,351 Fuel surcharge 37,073 11,920 (636) 48,357 35,324 12,086 (420) 46,990 Accessorial 3,803 2,389 — 6,192 3,150 4,486 — 7,636 Total $ 284,965 $ 120,390 $ (6,835) $ 398,520 $ 251,332 $ 146,527 $ (4,882) $ 392,977

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
SEGMENT REPORTING	Sep. 30, 2019
SEGMENT REPORTING
SEGMENT REPORTING	NOTE 4 – SEGMENT REPORTING The Company’s two reportable segments are Trucking and USAT Logistics. In determining its reportable segments, the Company’s chief operating decision maker focuses on financial information, such as operating revenue, operating expense categories, operating ratios and operating income, as well as on key operating statistics, to make operating decisions. Trucking USAT Logistics. Revenue equipment assets are not allocated to USAT Logistics as freight services for customers are brokered through arrangements with third-party motor carriers who utilize their own equipment. To the extent rail intermodal or other USAT Logistics operations require the use of Company-owned assets, they are obtained from the Company’s Trucking segment on an as-needed basis. Depreciation and amortization expense is allocated to USAT Logistics based on the Company-owned assets specifically utilized to generate USAT Logistics revenue. All intercompany transactions between segments reflect rates similar to those that would be negotiated with independent third parties. All other expenses for USAT Logistics are specifically identifiable direct costs or are allocated to USAT Logistics based on relevant cost drivers, as determined by management. A summary of operating revenue by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Operating revenue (in thousands) Trucking revenue (1) $ 93,587 $ 86,801 $ 284,965 $ 251,332 Trucking intersegment eliminations (233) (1,272) (1,002) (1,501) Trucking operating revenue 93,354 85,529 283,963 249,831 USAT Logistics revenue 39,365 49,136 120,390 146,527 USAT Logistics intersegment eliminations (1,795) (2,082) (5,833) (3,381) USAT Logistics operating revenue 37,570 47,054 114,557 143,146 Total operating revenue $ 130,924 $ 132,583 $ 398,520 $ 392,977 (1) Includes foreign revenue of $9.5 million and $10.6 million for the three months ended September 30, 2019 and 2018, respectively, and $28.5 million and $31.6 million for the nine months ended September 30, 2019 and 2018, respectively. All foreign revenue is collected in U.S. dollars. A summary of operating (loss) income by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Operating (loss) income (in thousands) Trucking $ (278) $ 2,605 $ 2,168 $ 4,294 USAT Logistics 244 3,198 3,702 8,212 Total operating (loss) income $ (34) $ 5,803 $ 5,870 $ 12,506 A summary of depreciation and amortization by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Depreciation and amortization (in thousands) Trucking $ 9,435 $ 6,562 $ 26,867 $ 20,887 USAT Logistics 217 173 728 505 Total depreciation and amortization $ 9,652 $ 6,735 $ 27,595 $ 21,392

EQUITY COMPENSATION AND EMPLOYE

EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS	9 Months Ended
EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS	Sep. 30, 2019
EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS
EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS	NOTE 5 – EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS The Company adopted the 2014 Omnibus Incentive Plan (the "Incentive Plan") in May 2014. The Incentive Plan replaced the 2004 Equity Incentive Plan and provided for the granting of up to 500,000 shares of common stock through equity-based awards to directors, officers and other key employees and consultants. The First Amendment to the Incentive Plan was adopted in May 2017, which, among other things, increased the number of shares of common stock available for issuance under the Incentive Plan by an additional 500,000 shares. The Second Amendment to the Incentive Plan was adopted in May 2019, which, among other things, increased the number of shares of common stock available for issuance under the Incentive Plan by an additional 500,000 shares. As of September 30, 2019, 597,830 shares remain available under the Incentive Plan for the issuance of future equity-based compensation awards.

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	9 Months Ended
INTANGIBLE ASSETS AND GOODWILL	Sep. 30, 2019
INTANGIBLE ASSETS AND GOODWILL
INTANGIBLE ASSETS AND GOODWILL	NOTE 6 – INTANGIBLE ASSETS AND GOODWILL The following tables summarizes intangible assets and amortization expense as of and for the period ended September 30, 2019: September 30, 2019 Amortization period Gross Accumulated Net intangible (years) Amount Amortization assets (in thousands) Trade name indefinite $ 5,000 $ — $ 5,000 Non-compete agreement 2 140 54 86 Customer relationships 10 12,900 1,193 11,707 Total intangible assets $ 18,040 $ 1,247 $ 16,793 Changes in carrying amount of goodwill by reportable segment is as follows: Trucking USAT Logistics (in thousands) Balance at December 31, 2018 $ 4,926 $ — Working capital adjustment 305 — Balance at September 30, 2019 $ 5,231 $ — The above intangible assets have a weighted average remaining life of 108 months. The expected remaining amortization of these assets for the next five successive years and thereafter is as follows: (in thousands) 2019 (remaining) $ 315 2020 1,346 2021 1,288 2022 1,288 2023 1,288 2024 1,288 Thereafter 4,980 Total $ 11,793

ACCRUED EXPENSES

ACCRUED EXPENSES	9 Months Ended
ACCRUED EXPENSES	Sep. 30, 2019
ACCRUED EXPENSES
ACCRUED EXPENSES	NOTE 7 – ACCRUED EXPENSES Accrued expenses consisted of the following: September 30, 2019 December 31, 2018 (2) (in thousands) Salaries, wages and employee benefits $ 4,494 $ 5,775 Federal and state tax accruals 1,406 1,898 Other (1) 1,413 1,693 Total accrued expenses $ 7,313 $ 9,366 (1) No single item included within other accrued expenses exceeded 5.0% of our total current liabilities. (2) See Note 15 - Correction of Immaterial Errors for information regarding the revision.

INSURANCE PREMIUM FINANCING

INSURANCE PREMIUM FINANCING	9 Months Ended
INSURANCE PREMIUM FINANCING	Sep. 30, 2019
INSURANCE PREMIUM FINANCING
INSURANCE PREMIUM FINANCING	NOTE 8 – INSURANCE PREMIUM FINANCING During October 2018, the Company entered into agreements to finance approximately $4.7 million to third-party financing companies for the Company’s annual insurance premiums. During the quarter ended September 30, 2019, this note payable was paid in full. During October 2019, the Company entered into an agreement to finance approximately $4.5 million with a third-party financing company for a portion of the Company's annual insurance premiums.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
LONG-TERM DEBT	Sep. 30, 2019
LONG-TERM DEBT
LONG-TERM DEBT	NOTE 9 – LONG-TERM DEBT Long-term debt consisted of the following: September 30, 2019 December 31, 2018 (in thousands) Revolving credit agreement $ 76,550 $ 85,300 Obligations under finance lease (Note 10) 12,190 — 88,740 85,300 Less current maturities (1,647) — Total long-term debt $ 87,093 $ 85,300 On January 31, 2019, the Company, entered into a five year, $225.0 million senior secured revolving credit facility (the "Credit Facility") with a group of lenders and Bank of America, N.A., as agent (the "Agent") pursuant to the terms of an Amended and Restated Loan and Security Agreement. The Credit Facility replaced the Company’s previous five year, $170.0 million senior secured revolving credit facility dated February 15, 2015. The Credit Facility is structured as a $225.0 million revolving credit facility, with an accordion feature that, so long as no event of default exists, allows the Company to request an increase in the revolving credit facility of up to $75.0 million, exercisable in increments of at least $20.0 million. The Credit Facility is a five year facility scheduled to terminate on January 31, 2024. Borrowings under the Credit Facility are classified as either "base rate loans" or "LIBOR loans". Base rate loans accrue interest at a base rate equal to the Agent’s prime rate plus an applicable margin adjusted quarterly between 0.25% and 0.75% based on the Company’s consolidated fixed charge coverage ratio. LIBOR loans accrue interest at the London Interbank Offered Rate ("LIBOR") plus an applicable margin adjusted quarterly between 1.25% and 1.75% based on the Company’s consolidated fixed charge coverage ratio. The Credit Facility includes, within its $225.0 million revolving credit facility, a letter of credit sub-facility in an aggregate amount of $15.0 million and a swingline sub-facility (the "Swingline") in an aggregate amount of $25.0 million. An unused line fee of 0.25% is applied to the average daily amount by which the lenders’ aggregate revolving commitments exceed the outstanding principal amount of revolver loans and the aggregate undrawn amount of all outstanding letters of credit issued under the Credit Facility. The Credit Facility is secured by a pledge of substantially all of the Company’s assets, except for any real estate or revenue equipment financed outside the Credit Facility. Borrowings under the Credit Facility are subject to a borrowing base limited to the lesser of (A) $225.0 million; or (B) the sum of (i) 90.0% of eligible investment grade accounts receivable (reduced to 85.0% in certain situations), plus (ii) 85.0% of eligible non-investment grade accounts receivable, plus (iii) the lesser of (a) 85.0% of eligible unbilled accounts receivable and (b) $10.0 million, plus (iv) the product of 85.0% multiplied by the net orderly liquidation value percentage applied to the net book value of eligible revenue equipment, plus (v) 85.0% multiplied by the net book value of otherwise eligible newly acquired revenue equipment that has not yet been subject to an appraisal. The borrowing base is reduced by an availability reserve, including reserves based on dilution and certain other customary reserves. The Credit Facility contains a single financial covenant, which requires a consolidated fixed charge coverage ratio of at least 1.0 to 1.0 that is triggered in the event excess availability under the Credit Facility falls below 10.0% of the lenders’ total commitments. Also, certain restrictions regarding the Company’s ability to pay dividends, make certain investments, prepay certain indebtedness, execute share repurchase programs and enter into certain acquisitions and hedging arrangements are triggered in the event excess availability under the Credit Facility falls below 20.0% of the lenders’ total commitments. The Company had no borrowings under the Swingline as of September 30, 2019. The average interest rate including all borrowings made under the Credit Facility as of September 30, 2019 was 3.7%. As debt is repriced on a monthly basis, the borrowings under the Credit Facility approximate fair value. As of September 30, 2019, the Company had $5.9 million in letters of credit outstanding and had approximately $54.7 million available to borrow under the Credit Facility taking into account borrowing base availability.

LEASES AND RIGHT OF USE ASSETS

LEASES AND RIGHT OF USE ASSETS	9 Months Ended
LEASES AND RIGHT OF USE ASSETS	Sep. 30, 2019
LEASES AND RIGHT OF USE ASSETS
LEASES AND RIGHT OF USE ASSETS	NOTE 10 – LEASES AND RIGHT OF USE ASSETS The Company adopted ASU 2016-02 on January 1, 2019. The standard requires lessees to recognize a ROU asset and lease liability for all leases. Some of our leases contain both lease and non-lease components, which we have elected to treat as a single lease component. We have also elected not to recognize in our consolidated balance sheets leases that have an original lease term, including reasonably certain renewal or purchase options, of twelve months or less for all classes of underlying assets. Lease costs for short-term leases are recognized on a straight-line basis over the lease term. We elected the package of transition practical expedients for existing contracts, which allowed us to carry forward our historical assessments of whether contracts are or contain leases, lease classification and determination of initial direct costs. The Company leases property and equipment under finance and operating leases. The Company has operating and finance leases for revenue equipment, real estate, information technology equipment (primarily servers and copiers), and various other equipment used in operating our business. Certain leases for revenue equipment and information technology include options to purchase or extend, guarantee residual values, or early termination rights. Determining the lease term and amount of lease payments to include in the calculation of the ROU asset and lease liability for leases containing options requires the use of judgment to determine whether the exercise of an option or feature is reasonably certain, and if the optional period and payments should be included in the calculation of the associated ROU asset and liability. In making this determination, we consider all relevant economic factors that would compel us to exercise or not exercise an option or feature. When available, we use the rate implicit in the lease to discount lease payments; however, the rate implicit in the lease is not readily determinable for all of our leases. In such cases, we use an estimate of our incremental borrowing rate to discount lease payments based on information available at lease commencement. As of September 30, 2019, the Company has entered into leases with lessors who do not participate in the Credit Facility. Currently, such leases do not contain cross-default provisions with the Credit Facility. Revenue Equipment In addition to the revenue equipment owned by the Company, we currently lease 1,112 tractors and 808 trailers. Of the leased revenue equipment, 764 tractors and 759 trailers are classified as finance leases and 348 tractors and 49 trailers are classified as operating leases. Some of these assets are leased on a month-to-month basis and the leases can be terminated without penalty. The lease term for these types of leases is determined by the length of the underlying customer contract or based on the judgment of management. These leases are treated as short-term as the cumulative ROU is less than 12 months over the term of the contract. The Company uses the leased revenue equipment for the same operational purposes as its owned equipment. Real Estate We have operating and finance leases for office space, terminal facilities, and drop yards. Many of our leases contain charges for common area maintenance or other miscellaneous expenses that are updated based on landlord estimates. Due to this variability, the cash flows associated with these charges are not included in the minimum lease payments used in determining the ROU asset and associated lease liability. Some of our real estate leases contain options to renew or extend the lease or terminate the lease before the expiration date. These options are factored into the determination of the lease term and lease payments when their exercise is considered to be reasonably certain. Information Technology and Other Equipment The Company leases information technology and other equipment, primarily servers and copiers, in the course of our operations. Components of Lease Expense The components of lease expense for the three and nine months ended September 30, 2019 are as follows: Three Months Ended Nine Months Ended September 30, 2019 September 30, 2019 (in thousands) Operating lease costs $ 2,355 $ 6,870 Finance lease costs: Amortization of assets 3,903 9,553 Interest on lease liabilities 671 1,820 Total finance lease costs 4,574 11,373 Variable and short-term lease costs 71 844 Total lease costs $ 7,000 $ 19,087 Supplemental information and balance sheet location related to leases is as follows: Nine Months Ended September 30, 2019 Operating leases: (in thousands) Operating lease right-of-use assets $ 12,077 Current operating lease obligations 7,556 Long-term operating lease obligations 4,568 Total operating lease liabilities $ 12,124 Finance leases: Property and equipment, at cost 127,798 Accumulated amortization (27,851) Property and equipment, net $ 99,947 Current finance lease obligations 19,469 Long-term finance lease obligations 68,610 $ 88,079 Weighted average remaining lease term: (in months) Operating leases 41 months Finance leases 45 months Weighted average discount rate: Operating leases 4.07 % Finance leases 3.37 % Supplemental cash flow information related to leases is as follows: Nine Months Ended September 30, 2019 Cash paid for amounts included in measurement of liabilities: (in thousands) Operating cash flows from operating leases $ 48 Operating cash flows from finance leases 1,820 Financing cash flows from finance leases 10,021 ROU assets obtained in exchange for lease liabilities: Operating leases 1,393 Finance leases 27,348 Maturities of lease liabilities as of September 30, 2019 are as follows: Finance Leases Operating Leases (in thousands) 2019 (remaining) $ 4,690 $ 1,381 2020 32,539 6,016 2021 11,777 1,680 2022 11,777 1,115 2023 22,635 789 Thereafter 12,297 1,394 Total lease payments 95,715 12,375 Less: Imputed interest (7,636) (251) Total lease obligations 88,079 12,124 Less: Current obligations (19,469) (7,556) Long-term lease obligations $ 68,610 $ 4,568 OTHER COMMITMENTS As of September 30, 2019, the Company had $29.2 million in noncancellable commitments for purchases of revenue and non-revenue equipment. We anticipate funding these commitments with cash flows from operating and financing activities. RELATED PARTY LEASE In the normal course of business, the Company leases office and shop space from a related party under a monthly operating lease. Rent expense for this space was approximately $0.03 million and $0.1 million for the three and nine months ended September 30, 2019. This expense is included in the "Operations and maintenance" line item in the accompanying consolidated statement of (loss) income and comprehensive (loss) income. SALE-LEASEBACK TRANSACTIONS In July 2019, the Company entered into a sale-leaseback transaction whereby it sold tractors for approximately $2.3 million and concurrently entered into a finance lease agreement for the sold tractors with a five year term. Under the lease agreement, the Company paid an initial monthly payment of approximately $0.03 million. At the end of the lease, the Company has the option to purchase the tractors. This transaction does not qualify for sale-leaseback accounting due to the option to repurchase the tractors and is therefore treated as a financing obligation. In April 2019, the Company entered into a sale-leaseback transaction whereby it sold tractors for approximately $10.5 million and concurrently entered into a finance lease agreement for the sold tractors with a five year term. Under the lease agreement, the Company paid an initial monthly payment of approximately $0.1 million. At the end of the lease, the Company has the option to purchase the tractors for the greater of fair market value or 32.5% of the original cost. This transaction does not qualify for sale-leaseback accounting due to the option to repurchase the tractors and is therefore treated as a financing obligation.

INCOME TAXES

INCOME TAXES	9 Months Ended
INCOME TAXES	Sep. 30, 2019
INCOME TAXES
INCOME TAXES	NOTE 11 – INCOME TAXES During the three months ended September 30, 2019 and 2018, the Company’s effective tax rate was 23.5% and 27.8%, respectively. During the nine months ended September 30, 2019 and 2018, the Company’s effective tax rate was 72.3% and 26.7%, respectively. The Company’s effective tax rate, when compared to the federal statutory rate of 21%, is primarily affected by state income taxes, net of federal income tax effect for the current year periods, and permanent differences, the most significant of which is the effect of the partially non-deductible per diem pay structure for our drivers. Drivers may elect to receive non-taxable per diem pay in lieu of a portion of their taxable wages. This per diem program increases the Company’s drivers’ net pay per mile, after taxes, while decreasing gross pay, before taxes. Per diem pay is partially non-deductible by the Company under current IRS regulations. As a result, salaries, wages and employee benefits costs are slightly lower and effective income tax rates are higher than the statutory rate. Due to the partially non-deductible effect of per diem pay, the Company’s tax rate will change based on fluctuations in earnings (losses) and in the number of drivers who elect to receive this pay structure. Generally, as pretax income or loss increases, the impact of the driver per diem program on the Company’s effective tax rate decreases, because aggregate per diem pay becomes smaller in relation to pretax income or loss, while in periods where earnings are at or near breakeven the impact of the per diem program on the Company’s effective tax rate can be significant. Additionally, during 2019 the Company’s tax rate has been negatively affected by vesting of equity-based compensation at a lower stock price than the price at which it was granted, resulting in an increase to tax expense and the effective tax rate.

(LOSS) EARNINGS PER SHARE

(LOSS) EARNINGS PER SHARE	9 Months Ended
(LOSS) EARNINGS PER SHARE	Sep. 30, 2019
(LOSS) EARNINGS PER SHARE
(LOSS) EARNINGS PER SHARE	NOTE 12 – (LOSS) EARNINGS PER SHARE The following table sets forth the computation of basic and diluted (loss) earnings per share: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Numerator: (in thousands, except per share amounts) Net (loss) income $ (1,373) $ 3,300 $ 129 $ 6,879 Denominator: Denominator for basic earnings per share – weighted average shares 8,564 8,223 8,509 8,170 Effect of dilutive securities: Employee restricted stock and incentive stock options — 17 13 23 Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversion 8,564 8,240 8,522 8,193 Basic (loss) earnings per share $ (0.16) $ 0.40 $ 0.02 $ 0.84 Diluted (loss) earnings per share $ (0.16) $ 0.40 $ 0.02 $ 0.84 Weighted average anti-dilutive employee restricted stock and incentive stock options 509 106 421 72

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
LEGAL PROCEEDINGS	Sep. 30, 2019
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS	NOTE 13 – LEGAL PROCEEDINGS The Company is party to routine litigation incidental to its business, primarily involving claims for personal injury and property damage incurred in the transportation of freight. The Company maintains insurance to cover liabilities in excess of certain self-insured retention levels. Though management believes these claims to be immaterial to the Company’s long-term financial position, adverse results of one or more of these claims could have a material adverse effect on the Company’s financial position or results of operations in any given reporting period.

RESTRUCTURING, IMPAIRMENT AND O

RESTRUCTURING, IMPAIRMENT AND OTHER COSTS	9 Months Ended
RESTRUCTURING, IMPAIRMENT AND OTHER COSTS	Sep. 30, 2019
RESTRUCTURING, IMPAIRMENT AND OTHER COSTS
RESTRUCTURING, IMPAIRMENT AND OTHER COSTS	NOTE 14 – RESTRUCTURING, IMPAIRMENT AND OTHER COSTS On March 7, 2019, Johannes Hugo resigned as Senior Vice President - Trucking Operations. Pursuant to Mr. Hugo’s resignation, the Executive Compensation Committee (the "Committee") approved a separation agreement with Mr. Hugo (the "Hugo Separation Agreement"). Pursuant to the Hugo Separation Agreement, Mr. Hugo received (i) salary continuation through April 6, 2019, (ii) vesting of 1,934 shares of restricted stock that vested on March 22, 2019, (iii) noncompete payments equal to his then-current base salary for a period of twelve months subject to ongoing compliance with certain non-competition, non-solicitation, non-disparagement, and confidentiality covenants in favor of the Company, and (iv) a prorated cash payment, if and to the extent earned, under the short term cash incentive compensation program adopted by the Committee for 2019. In addition, the Hugo Separation Agreement contained a customary release of claims in favor of the Company. Total costs associated with Mr. Hugo’s resignation were $0.3 million and were recorded in the "Salaries, wages and employee benefits" line item in the accompanying condensed consolidated statements of (loss) income and comprehensive (loss) income. In March 2018, the Company announced the retirement of James Craig, the Company’s former Executive Vice President, Chief Commercial Officer, and President – USAT Logistics. Effective March 23, 2018, in connection with Mr. Craig’s retirement, the Committee approved a separation agreement (the "Craig Separation Agreement") with the following terms: (i) salary continuation through May 31, 2018, (ii) non-compete payments equal to his current salary for a period of twelve months subject to ongoing compliance with certain non-competition, non-solicitation, non-disparagement, and confidentiality covenants in favor of the Company, (iii) a prorated cash payment under the short-term cash incentive compensation program adopted by the Committee for 2018, and (iv) accelerated vesting of 5,488 shares of time-vested restricted stock of the Company scheduled to vest on July 30, 2018 and 5,488 shares of performance-vested restricted stock of the Company scheduled to vest on July 30, 2018 depending on performance relative to USAT Logistics performance goals. Total costs associated with Mr. Craig’s retirement were $0.7 million and were recorded in the "Salaries, wages and employee benefits" line item in the accompanying condensed consolidated statements of (loss) income and comprehensive (loss) income. At September 30, 2019, all costs associated with the Craig Separation Agreement have been paid. The following tables summarize the Company’s liabilities, charges, and cash payments related to executive severance agreements made during the three and nine months ended September 30, 2019 and 2018: Accrued Accrued Balance Balance December 31, Costs September 30, 2018 Incurred Payments Expenses/Charges 2019 (in thousands) Severance costs included in salaries, wages and employee benefits $ 247 $ 319 $ (384) $ — $ 182 Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Costs incurred (in thousands) Trucking $ — $ — $ 319 $ 484 USAT Logistics — — — 227 Total $ — $ — $ 319 $ 711

CORRECTION OF IMMATERIAL ERRORS

CORRECTION OF IMMATERIAL ERRORS	9 Months Ended
CORRECTION OF IMMATERIAL ERRORS	Sep. 30, 2019
CORRECTION OF IMMATERIAL ERRORS
CORRECTION OF IMMATERIAL ERRORS	NOTE 15 – CORRECTION OF IMMATERIAL ERRORS In connection with the preparation of our condensed consolidated financial statements for the three months ended March 31, 2019, we identified immaterial errors related to the recognition of certain income and expenses in the prior quarterly and annual periods. In accordance with U.S. Securities and Exchange Commission Staff Accounting Bulletin ("SAB") No. 99, "Materiality," and SAB No. 108, "Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements," we evaluated the errors and determined that the related impact was not material to our financial statements for any prior annual or interim period, but that correcting the cumulative impact of the error would be significant to our results of operations for the three months ended March 31, 2019. Accordingly, we have adjusted our condensed consolidated balance sheet at December 31, 2018. The impact of the errors on the Company’s three months ended March 31, 2018 condensed consolidated statements of (loss) income and comprehensive (loss) income, consolidated statement of cash flows, and retained earnings were deemed to be immaterial and will be adjusted in conjunction with our annual report on Form 10-K for the year ended December 31, 2019. We will also correct previously reported financial information for such immaterial errors in our future filings, as applicable. The effects of the adjustment on the individual line items within our condensed consolidated balance sheet at December 31, 2018 are as follows: December 31, 2018 As Reported Adjustments As Adjusted (in thousands) Accounts receivable, net $ 56,003 $ 1,186 $ 57,189 Other receivables 5,104 584 5,688 Prepaid expenses and other current assets 7,224 451 7,675 Accounts payable 22,453 1,029 23,482 Accrued expenses 8,977 389 9,366 Retained earnings 77,664 803 78,467 Total stockholders' equity 80,470 803 81,273

DESCRIPTION OF BUSINESS AND SUM

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
New accounting pronouncements	In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02, Leases (Topic 842) ("ASU 2016-02"), which required lessees to recognize a right-of-use ("ROU") asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. Lessor accounting under the new standard is substantially unchanged. Additional qualitative and quantitative disclosures, including significant judgments made by management, are required. The Company adopted the new standard beginning with the first quarter of 2019 using a modified retrospective transition approach, which included a number of practical expedients.

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	9 Months Ended
REVENUE RECOGNITION (Tables)	Sep. 30, 2019
REVENUE RECOGNITION
Disaggregation of Revenue	The following tables set forth revenue disaggregated by revenue type and segment: Three Months Ended September 30, 2019 2018 Trucking USAT Logistics Eliminations Total Trucking USAT Logistics Eliminations Total Revenue type (in thousands) Freight $ 80,002 $ 34,753 $ (1,778) $ 112,977 $ 72,924 $ 43,647 $ (3,051) $ 113,520 Fuel surcharge 12,274 3,991 (250) 16,015 12,002 4,283 (303) 15,982 Accessorial 1,311 621 — 1,932 1,875 1,206 — 3,081 Total $ 93,587 $ 39,365 $ (2,028) $ 130,924 $ 86,801 $ 49,136 $ (3,354) $ 132,583 Nine Months Ended September 30, 2019 2018 Trucking USAT Logistics Eliminations Total Trucking USAT Logistics Eliminations Total Revenue type (in thousands) Freight $ 244,089 $ 106,081 $ (6,199) $ 343,971 $ 212,858 $ 129,955 $ (4,462) $ 338,351 Fuel surcharge 37,073 11,920 (636) 48,357 35,324 12,086 (420) 46,990 Accessorial 3,803 2,389 — 6,192 3,150 4,486 — 7,636 Total $ 284,965 $ 120,390 $ (6,835) $ 398,520 $ 251,332 $ 146,527 $ (4,882) $ 392,977

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
SEGMENT REPORTING (Tables)	Sep. 30, 2019
SEGMENT REPORTING
Schedule of segment information by segment	A summary of operating revenue by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Operating revenue (in thousands) Trucking revenue (1) $ 93,587 $ 86,801 $ 284,965 $ 251,332 Trucking intersegment eliminations (233) (1,272) (1,002) (1,501) Trucking operating revenue 93,354 85,529 283,963 249,831 USAT Logistics revenue 39,365 49,136 120,390 146,527 USAT Logistics intersegment eliminations (1,795) (2,082) (5,833) (3,381) USAT Logistics operating revenue 37,570 47,054 114,557 143,146 Total operating revenue $ 130,924 $ 132,583 $ 398,520 $ 392,977 (1) Includes foreign revenue of $9.5 million and $10.6 million for the three months ended September 30, 2019 and 2018, respectively, and $28.5 million and $31.6 million for the nine months ended September 30, 2019 and 2018, respectively. All foreign revenue is collected in U.S. dollars. A summary of operating (loss) income by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Operating (loss) income (in thousands) Trucking $ (278) $ 2,605 $ 2,168 $ 4,294 USAT Logistics 244 3,198 3,702 8,212 Total operating (loss) income $ (34) $ 5,803 $ 5,870 $ 12,506 A summary of depreciation and amortization by segment is as follows: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Depreciation and amortization (in thousands) Trucking $ 9,435 $ 6,562 $ 26,867 $ 20,887 USAT Logistics 217 173 728 505 Total depreciation and amortization $ 9,652 $ 6,735 $ 27,595 $ 21,392

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	9 Months Ended
INTANGIBLE ASSETS AND GOODWILL (Tables)	Sep. 30, 2019
INTANGIBLE ASSETS AND GOODWILL
Schedule of intangible assets and amortization expense	The following tables summarizes intangible assets and amortization expense as of and for the period ended September 30, 2019: September 30, 2019 Amortization period Gross Accumulated Net intangible (years) Amount Amortization assets (in thousands) Trade name indefinite $ 5,000 $ — $ 5,000 Non-compete agreement 2 140 54 86 Customer relationships 10 12,900 1,193 11,707 Total intangible assets $ 18,040 $ 1,247 $ 16,793
Schedule of changes in carrying amount of goodwill by reportable segment	Changes in carrying amount of goodwill by reportable segment is as follows: Trucking USAT Logistics (in thousands) Balance at December 31, 2018 $ 4,926 $ — Working capital adjustment 305 — Balance at September 30, 2019 $ 5,231 $ —
Schedule of expected remaining amortization	(in thousands) 2019 (remaining) $ 315 2020 1,346 2021 1,288 2022 1,288 2023 1,288 2024 1,288 Thereafter 4,980 Total $ 11,793

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	9 Months Ended
ACCRUED EXPENSES (Tables)	Sep. 30, 2019
ACCRUED EXPENSES
Schedule of accrued expenses	Accrued expenses consisted of the following: September 30, 2019 December 31, 2018 (2) (in thousands) Salaries, wages and employee benefits $ 4,494 $ 5,775 Federal and state tax accruals 1,406 1,898 Other (1) 1,413 1,693 Total accrued expenses $ 7,313 $ 9,366 (1) No single item included within other accrued expenses exceeded 5.0% of our total current liabilities. (2) See Note 15 - Correction of Immaterial Errors for information regarding the revision.

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
LONG-TERM DEBT (Tables)	Sep. 30, 2019
LONG-TERM DEBT
Schedule of long-term debt instruments	Long-term debt consisted of the following: September 30, 2019 December 31, 2018 (in thousands) Revolving credit agreement $ 76,550 $ 85,300 Obligations under finance lease (Note 10) 12,190 — 88,740 85,300 Less current maturities (1,647) — Total long-term debt $ 87,093 $ 85,300

LEASES AND RIGHT OF USE ASSETS

LEASES AND RIGHT OF USE ASSETS (Tables)	9 Months Ended
LEASES AND RIGHT OF USE ASSETS (Tables)	Sep. 30, 2019
LEASES AND RIGHT OF USE ASSETS
Schedule of lease expense	The components of lease expense for the three and nine months ended September 30, 2019 are as follows: Three Months Ended Nine Months Ended September 30, 2019 September 30, 2019 (in thousands) Operating lease costs $ 2,355 $ 6,870 Finance lease costs: Amortization of assets 3,903 9,553 Interest on lease liabilities 671 1,820 Total finance lease costs 4,574 11,373 Variable and short-term lease costs 71 844 Total lease costs $ 7,000 $ 19,087
Schedule of supplemental balance sheet information	Supplemental information and balance sheet location related to leases is as follows: Nine Months Ended September 30, 2019 Operating leases: (in thousands) Operating lease right-of-use assets $ 12,077 Current operating lease obligations 7,556 Long-term operating lease obligations 4,568 Total operating lease liabilities $ 12,124 Finance leases: Property and equipment, at cost 127,798 Accumulated amortization (27,851) Property and equipment, net $ 99,947 Current finance lease obligations 19,469 Long-term finance lease obligations 68,610 $ 88,079 Weighted average remaining lease term: (in months) Operating leases 41 months Finance leases 45 months Weighted average discount rate: Operating leases 4.07 % Finance leases 3.37 % Supplemental cash flow information related to leases is as follows: Nine Months Ended September 30, 2019 Cash paid for amounts included in measurement of liabilities: (in thousands) Operating cash flows from operating leases $ 48 Operating cash flows from finance leases 1,820 Financing cash flows from finance leases 10,021 ROU assets obtained in exchange for lease liabilities: Operating leases 1,393 Finance leases 27,348
Schedule of supplemental cash flow and other information	Nine Months Ended September 30, 2019 Operating leases: (in thousands) Operating lease right-of-use assets $ 12,077 Current operating lease obligations 7,556 Long-term operating lease obligations 4,568 Total operating lease liabilities $ 12,124 Finance leases: Property and equipment, at cost 127,798 Accumulated amortization (27,851) Property and equipment, net $ 99,947 Current finance lease obligations 19,469 Long-term finance lease obligations 68,610 $ 88,079 Weighted average remaining lease term: (in months) Operating leases 41 months Finance leases 45 months Weighted average discount rate: Operating leases 4.07 % Finance leases 3.37 %
Schedule of maturities of operating lease liabilities	Finance Leases Operating Leases (in thousands) 2019 (remaining) $ 4,690 $ 1,381 2020 32,539 6,016 2021 11,777 1,680 2022 11,777 1,115 2023 22,635 789 Thereafter 12,297 1,394 Total lease payments 95,715 12,375 Less: Imputed interest (7,636) (251) Total lease obligations 88,079 12,124 Less: Current obligations (19,469) (7,556) Long-term lease obligations $ 68,610 $ 4,568
Schedule of maturities of finance lease liabilities	Maturities of lease liabilities as of September 30, 2019 are as follows: Finance Leases Operating Leases (in thousands) 2019 (remaining) $ 4,690 $ 1,381 2020 32,539 6,016 2021 11,777 1,680 2022 11,777 1,115 2023 22,635 789 Thereafter 12,297 1,394 Total lease payments 95,715 12,375 Less: Imputed interest (7,636) (251) Total lease obligations 88,079 12,124 Less: Current obligations (19,469) (7,556) Long-term lease obligations $ 68,610 $ 4,568

(LOSS) EARNINGS PER SHARE (Tabl

(LOSS) EARNINGS PER SHARE (Tables)	9 Months Ended
(LOSS) EARNINGS PER SHARE (Tables)	Sep. 30, 2019
(LOSS) EARNINGS PER SHARE
Schedule of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted (loss) earnings per share: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Numerator: (in thousands, except per share amounts) Net (loss) income $ (1,373) $ 3,300 $ 129 $ 6,879 Denominator: Denominator for basic earnings per share – weighted average shares 8,564 8,223 8,509 8,170 Effect of dilutive securities: Employee restricted stock and incentive stock options — 17 13 23 Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversion 8,564 8,240 8,522 8,193 Basic (loss) earnings per share $ (0.16) $ 0.40 $ 0.02 $ 0.84 Diluted (loss) earnings per share $ (0.16) $ 0.40 $ 0.02 $ 0.84 Weighted average anti-dilutive employee restricted stock and incentive stock options 509 106 421 72

RESTRUCTURING, IMPAIRMENT AND_2

RESTRUCTURING, IMPAIRMENT AND OTHER COSTS (Tables)	9 Months Ended
RESTRUCTURING, IMPAIRMENT AND OTHER COSTS (Tables)	Sep. 30, 2019
RESTRUCTURING, IMPAIRMENT AND OTHER COSTS
Schedule of restructuring reserve rollforward	Accrued Accrued Balance Balance December 31, Costs September 30, 2018 Incurred Payments Expenses/Charges 2019 (in thousands) Severance costs included in salaries, wages and employee benefits $ 247 $ 319 $ (384) $ — $ 182
Schedule of restructuring costs	Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Costs incurred (in thousands) Trucking $ — $ — $ 319 $ 484 USAT Logistics — — — 227 Total $ — $ — $ 319 $ 711

CORRECTION OF IMMATERIAL ERRO_2

CORRECTION OF IMMATERIAL ERRORS (Tables)	9 Months Ended
CORRECTION OF IMMATERIAL ERRORS (Tables)	Sep. 30, 2019
CORRECTION OF IMMATERIAL ERRORS
Schedule of changes in accounting estimates	The effects of the adjustment on the individual line items within our condensed consolidated balance sheet at December 31, 2018 are as follows: December 31, 2018 As Reported Adjustments As Adjusted (in thousands) Accounts receivable, net $ 56,003 $ 1,186 $ 57,189 Other receivables 5,104 584 5,688 Prepaid expenses and other current assets 7,224 451 7,675 Accounts payable 22,453 1,029 23,482 Accrued expenses 8,977 389 9,366 Retained earnings 77,664 803 78,467 Total stockholders' equity 80,470 803 81,273

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) $ in Millions	9 Months Ended
REVENUE RECOGNITION (Details) $ in Millions	Sep. 30, 2019USD ($)segment	Dec. 31, 2018USD ($)
REVENUE RECOGNITION
Contract asset \| $	$ 1.2	$ 1.1
Number of reportable segments \| segment	2

REVENUE RECOGNITION - Disaggreg

REVENUE RECOGNITION - Disaggregation of Revenue by Type (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue
Revenues	$ 130,924	$ 132,583	$ 398,520	$ 392,977
Intersegment Eliminations
Disaggregation of Revenue
Revenues	(2,028)	(3,354)	(6,835)	(4,882)
Trucking
Disaggregation of Revenue
Revenues	93,354	85,529	283,963	249,831
Trucking \| Operating Segments
Disaggregation of Revenue
Revenues	93,587	86,801	284,965	251,332
Trucking \| Intersegment Eliminations
Disaggregation of Revenue
Revenues	(233)	(1,272)	(1,002)	(1,501)
USAT Logistics
Disaggregation of Revenue
Revenues	37,570	47,054	114,557	143,146
USAT Logistics \| Operating Segments
Disaggregation of Revenue
Revenues	39,365	49,136	120,390	146,527
USAT Logistics \| Intersegment Eliminations
Disaggregation of Revenue
Revenues	(1,795)	(2,082)	(5,833)	(3,381)
Freight
Disaggregation of Revenue
Revenues	112,977	113,520	343,971	338,351
Freight \| Intersegment Eliminations
Disaggregation of Revenue
Revenues	(1,778)	(3,051)	(6,199)	(4,462)
Freight \| Trucking \| Operating Segments
Disaggregation of Revenue
Revenues	80,002	72,924	244,089	212,858
Freight \| USAT Logistics \| Operating Segments
Disaggregation of Revenue
Revenues	34,753	43,647	106,081	129,955
Fuel surcharge
Disaggregation of Revenue
Revenues	16,015	15,982	48,357	46,990
Fuel surcharge \| Intersegment Eliminations
Disaggregation of Revenue
Revenues	(250)	(303)	(636)	(420)
Fuel surcharge \| Trucking \| Operating Segments
Disaggregation of Revenue
Revenues	12,274	12,002	37,073	35,324
Fuel surcharge \| USAT Logistics \| Operating Segments
Disaggregation of Revenue
Revenues	3,991	4,283	11,920	12,086
Accessorial
Disaggregation of Revenue
Revenues	1,932	3,081	6,192	7,636
Accessorial \| Intersegment Eliminations
Disaggregation of Revenue
Revenues	0	0	0	0
Accessorial \| Trucking \| Operating Segments
Disaggregation of Revenue
Revenues	1,311	1,875	3,803	3,150
Accessorial \| USAT Logistics \| Operating Segments
Disaggregation of Revenue
Revenues	$ 621	$ 1,206	$ 2,389	$ 4,486

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details)	9 Months Ended
SEGMENT REPORTING (Details)	Sep. 30, 2019segment
SEGMENT REPORTING
Number of reportable segments	2

SEGMENT REPORTING - Segment Rep

SEGMENT REPORTING - Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information
Operating revenue	$ 130,924	$ 132,583	$ 398,520	$ 392,977
Operating income	(34)	5,803	5,870	12,506
Depreciation and amortization	9,652	6,735	27,595	21,392
Trucking
Segment Reporting Information
Operating revenue	93,354	85,529	283,963	249,831
USAT Logistics
Segment Reporting Information
Operating revenue	37,570	47,054	114,557	143,146
Operating Segments \| Trucking
Segment Reporting Information
Operating revenue	93,587	86,801	284,965	251,332
Operating income	(278)	2,605	2,168	4,294
Depreciation and amortization	9,435	6,562	26,867	20,887
Operating Segments \| USAT Logistics
Segment Reporting Information
Operating revenue	39,365	49,136	120,390	146,527
Operating income	244	3,198	3,702	8,212
Depreciation and amortization	217	173	728	505
Intersegment Eliminations
Segment Reporting Information
Operating revenue	(2,028)	(3,354)	(6,835)	(4,882)
Intersegment Eliminations \| Trucking
Segment Reporting Information
Operating revenue	(233)	(1,272)	(1,002)	(1,501)
Intersegment Eliminations \| USAT Logistics
Segment Reporting Information
Operating revenue	(1,795)	(2,082)	(5,833)	(3,381)
Foreign countries \| Operating Segments \| Trucking
Segment Reporting Information
Operating revenue	$ 9,500	$ 10,600	$ 28,500	$ 31,600

EQUITY COMPENSATION AND EMPLO_2

EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS (Details) - Omnibus Incentive Plan (the "Incentive Plan")	9 Months Ended
	Sep. 30, 2019shares
Defined Benefit Plan Disclosure
Number of shares authorized (in shares)	500,000
Number of additional shares authorized (in shares)	500,000
Number of shares available for grant (in shares)	597,830

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL - Schedule of Intangible Asset - Finite life (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Intangible Assets and Goodwill
Gross Amount	$ 18,040
Accumulated Amortization	1,247
Net intangible assets	16,793
Trade name
Intangible Assets and Goodwill
Gross Amount	5,000
Accumulated Amortization	0
Net intangible assets	$ 5,000
Non-compete agreement
Intangible Assets and Goodwill
Amortization period (years)	2 years
Gross Amount	$ 140
Accumulated Amortization	54
Net intangible assets	$ 86
Customer relationships
Intangible Assets and Goodwill
Amortization period (years)	10 years
Gross Amount	$ 12,900
Accumulated Amortization	1,193
Net intangible assets	$ 11,707

INTANGIBLE ASSETS AND GOODWIL_3

INTANGIBLE ASSETS AND GOODWILL - Carrying Amount of Goodwill By Segment (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Intangible Assets and Goodwill
Beginning balance	$ 4,926
Ending balance	5,231
Trucking
Intangible Assets and Goodwill
Beginning balance	4,926
Working capital adjustment	305
Ending balance	5,231
USAT Logistics
Intangible Assets and Goodwill
Beginning balance	0
Working capital adjustment	0
Ending balance	$ 0

INTANGIBLE ASSETS AND GOODWIL_4

INTANGIBLE ASSETS AND GOODWILL - Future Amortization Expense (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
INTANGIBLE ASSETS AND GOODWILL
Intangible assets, weighted average useful life	108 months
2019 (remaining)	$ 315
2020	1,346
2021	1,288
2022	1,288
2023	1,288
2024	1,288
Thereafter	4,980
Net intangible assets	$ 11,793

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ACCRUED EXPENSES
Salaries, wages and employee benefits	$ 4,494	$ 5,775
Federal and state tax accruals	1,406	1,898
Other	1,413	1,693
Total accrued expenses	$ 7,313	$ 9,366

INSURANCE PREMIUM FINANCING (De

INSURANCE PREMIUM FINANCING (Details) - USD ($) $ in Millions	Oct. 31, 2019	Oct. 31, 2018
Insurance Premiums Financing Note
Premium Financing
Insurance premium financing	$ 4.5	$ 4.7

LONG-TERM DEBT - Summary of Lon

LONG-TERM DEBT - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 31, 2019	Dec. 31, 2018	Feb. 15, 2015
Debt Instruments
Total long-term debt, including current maturities	$ 88,740		$ 85,300
Less current maturities	(1,647)		0
Total long-term debt	87,093		85,300
Credit Facility
Debt Instruments
Total long-term debt, including current maturities	76,550	$ 225,000	$ 85,300	$ 170,000
Swingline sub-facility
Debt Instruments
Total long-term debt, including current maturities		$ 25,000
Obligation under finance lease
Debt Instruments
Total long-term debt, including current maturities	$ 12,190

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)	Jan. 31, 2019	Feb. 15, 2015	Sep. 30, 2019	Dec. 31, 2018
Debt Instruments
Long-term debt			$ 88,740,000	$ 85,300,000
Borrowing based threshold for eligible unbilled accounts receivable (as a percent)	85.00%
Remaining borrowing capacity			$ 54,700,000
Weighted average interest rate			3.70%
Credit Facility
Debt Instruments
Long-term debt	$ 225,000,000	$ 170,000,000	$ 76,550,000	$ 85,300,000
Maximum increase available subject to lender approval	75,000,000
Excercisable, incremental borrowing capacity	$ 20,000,000
Term of debt instrument	5 years	5 years
Fixed charge coverage ratio	1
Commitment fee percentage	0.25%
Borrowing base before additions of eligible revenue equipment	$ 10,000,000
Newly acquired revenue equipment (as a percent)	85.00%
Eligible revenue equipment (as a percent)	85.00%
Percentage of maximum revolver amount	10.00%
Minimum excess availability percentage of maximum revolver amount	20.00%
Letter of credit outstanding			5,900,000
Credit Facility \| Minimum
Debt Instruments
Borrowing based threshold eligible investment grade accounts receivable (as a percent)	85.00%
Credit Facility \| Maximum
Debt Instruments
Borrowing based threshold eligible investment grade accounts receivable (as a percent)	90.00%
Swingline sub-facility
Debt Instruments
Long-term debt	$ 25,000,000
Long-term line of credit			$ 0
Letter of credit sub-facility
Debt Instruments
Long-term debt	$ 15,000,000
Base Rate \| Credit Facility \| Minimum
Debt Instruments
Basis spread on variable rate (as a percent)	0.25%
Base Rate \| Credit Facility \| Maximum
Debt Instruments
Basis spread on variable rate (as a percent)	0.75%
London Interbank Offered Rate (LIBOR) \| Credit Facility \| Minimum
Debt Instruments
Basis spread on variable rate (as a percent)	1.25%
London Interbank Offered Rate (LIBOR) \| Credit Facility \| Maximum
Debt Instruments
Basis spread on variable rate (as a percent)	1.75%

LEASES AND RIGHT OF USE ASSET_2

LEASES AND RIGHT OF USE ASSETS - Revenue Equipment (Details)	9 Months Ended
	Sep. 30, 2019item
Lease details
Number of leased tractors	1,112
Number of leased trailers	808
Equipment finance leases
Lease details
Number of leased tractors	764
Number of leased trailers	759
Equipment operating leases
Lease details
Number of leased tractors	348
Number of leased trailers	49

LEASES AND RIGHT OF USE ASSET_3

LEASES AND RIGHT OF USE ASSETS - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
LEASES AND RIGHT OF USE ASSETS
Operating lease costs	$ 2,355	$ 6,870
Finance lease costs:
Amortization of assets	3,903	9,553
Interest on lease liabilities	671	1,820
Total finance lease costs	4,574	11,373
Variable and short-term lease costs	71	844
Total lease costs	$ 7,000	$ 19,087

LEASES AND RIGHT OF USE ASSET_4

LEASES AND RIGHT OF USE ASSETS - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Operating leases:
Operating leases - right of use assets	$ 12,077
Current operating lease obligations	7,556
Long-term operating lease obligations	4,568
Total operating lease liabilities	12,124
Finance leases:
Property and equipment, at cost	358,738	$ 341,151
Accumulated amortization	(116,698)	(115,766)
Property and equipment, net	242,040	$ 225,385
Current finance lease obligations	19,469
Long-term finance lease obligations	68,610
Total lease obligations	$ 88,079
Weighted average remaining lease term:
Operating leases	41 months
Finance leases	45 months
Weighted average discount rate:
Operating leases	4.07%
Finance leases	3.37%
Equipment finance leases
Finance leases:
Property and equipment, at cost	$ 127,798
Accumulated amortization	(27,851)
Property and equipment, net	$ 99,947

LEASES AND RIGHT OF USE ASSET_5

LEASES AND RIGHT OF USE ASSETS - Supplemental Cash Flow Information (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases	$ 48
Operating cash flows from finance leases	1,820
Financing cash flows from finance leases	10,021
ROU assets obtained in exchange for lease liabilities:
Operating leases	1,393
Finance leases	$ 27,348

LEASES AND RIGHT OF USE ASSET_6

LEASES AND RIGHT OF USE ASSETS - Maturities of Lease Liabilities (Details) $ in Thousands	Sep. 30, 2019USD ($)
Finance Leases
2019 (remaining)	$ 4,690
2020	32,539
2021	11,777
2022	11,777
2023	22,635
Thereafter	12,297
Total lease payments	95,715
Less: Imputed interest	(7,636)
Total lease obligations	88,079
Less: Current obligations	(19,469)
Long-term finance lease obligations	68,610
Operating Leases
2019 (remaining)	1,381
2020	6,016
2021	1,680
2022	1,115
2023	789
Thereafter	1,394
Total lease payments	12,375
Less: Imputed interest	(251)
Total operating lease liabilities	12,124
Less: Current obligations	(7,556)
Long-term lease obligations	$ 4,568

LEASES AND RIGHT OF USE ASSET_7

LEASES AND RIGHT OF USE ASSETS (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended	9 Months Ended
	Jul. 31, 2019	Apr. 30, 2019	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018
Lease details
Noncancellable commitments for purchases of equipment			$ 29,200	$ 29,200
Lease rent expense			$ 30	100
Proceeds from obligation under finance lease	$ 2,300			$ 12,795	$ 0
Finance lease contract term	5 years
Initial monthly payment in sale-leaseback transaction	$ 30
Tractors
Lease details
Proceeds from obligation under finance lease		$ 10,500
Finance lease contract term		5 years
Initial monthly payment in sale-leaseback transaction		$ 100
Percentage of original cost at which Company has option to purchase at end of lease		32.50%

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended		9 Months Ended
INCOME TAXES (Details)	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
INCOME TAXES
Effective income tax rate reconciliation percent	23.50%	27.80%	72.30%	26.70%
Effective income tax rate reconciliation at federal statutory income tax rate, percent			21.00%

(LOSS) EARNINGS PER SHARE - Com

(LOSS) EARNINGS PER SHARE - Computation of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
(LOSS) EARNINGS PER SHARE
Net (loss) income	$ (1,373)	$ 1	$ 1,501	$ 3,300	$ 2,544	$ 1,035	$ 129	$ 6,879
Denominator:
Denominator for basic earnings per share - weighted average shares (in shares)	8,564			8,223			8,509	8,170
Effect of dilutive securities:
Employee restricted stock and incentive stock options (in shares)				17			13	23
Denominator for diluted earnings per share - adjusted weighted average shares and assumed conversion (in shares)	8,564			8,240			8,522	8,193
Basic (loss) earnings per share (in dollars per share)	$ (0.16)			$ 0.40			$ 0.02	$ 0.84
Diluted (loss) earnings per share (in dollars per share)	$ (0.16)			$ 0.40			$ 0.02	$ 0.84
Weighted average anti-dilutive employee restricted stock and incentive stock options (in shares)	509			106			421	72

RESTRUCTURING, IMPAIRMENT AND_3

RESTRUCTURING, IMPAIRMENT AND OTHER COSTS (Details) - USD ($) $ in Millions	Mar. 07, 2019	Mar. 26, 2018	Sep. 30, 2019
Hugo Separation Agreement \| Employee Severance
Restructuring Cost and Reserve
Term for base salary continuation	12 months
Severance costs			$ 0.3
Hugo Separation Agreement \| Restricted stock \| Employee Severance
Restructuring Cost and Reserve
Continued vesting of shares of restricted stock (in shares)	1,934
Craig Separation Agreement \| Employee Severance
Restructuring Cost and Reserve
Restructuring charges			$ 0.7
Term for base salary continuation			12 months
Craig Separation Agreement \| Time-vested restricted stock \| Employee Severance
Restructuring Cost and Reserve
Accelerated vesting, number (in shares)		5,488
Craig Separation Agreement \| Performance-vested restricted stock
Restructuring Cost and Reserve
Accelerated vesting, number (in shares)		5,488

RESTRUCTURING, IMPAIRMENT AND_4

RESTRUCTURING, IMPAIRMENT AND OTHER COSTS - Restructuring and Executive Severance (Details) - Executive Severance - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring Reserve
Accrued beginning balance			$ 247
Costs Incurred	$ 0	$ 0	319	$ 711
Payments			(384)
Expenses/ Charges			0
Accrued ending balance	$ 182		$ 182

RESTRUCTURING, IMPAIRMENT AND_5

RESTRUCTURING, IMPAIRMENT AND OTHER COSTS - Executive Severance by Segment (Details) - Executive Severance - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring Cost and Reserve
Costs Incurred	$ 0	$ 0	$ 319	$ 711
Trucking
Restructuring Cost and Reserve
Costs Incurred	0	0	319	484
USAT Logistics
Restructuring Cost and Reserve
Costs Incurred	$ 0	$ 0	$ 0	$ 227

CORRECTION OF IMMATERIAL ERRO_3

CORRECTION OF IMMATERIAL ERRORS (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net	$ 55,078	$ 57,189
Other receivables	6,874	5,688
Prepaid expenses and other current assets	4,816	7,675
Accounts payable	23,759	23,482
Accrued expenses	7,313	9,366
Retained earnings	78,596	78,467
Total stockholders' equity	$ 82,511	81,273
As Reported
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net		56,003
Other receivables		5,104
Prepaid expenses and other current assets		7,224
Accounts payable		22,453
Accrued expenses		8,977
Retained earnings		77,664
Total stockholders' equity		80,470
Adjustments \| Correction of immaterial errors
Error Corrections and Prior Period Adjustments Restatement
Accounts receivable, net		1,186
Other receivables		584
Prepaid expenses and other current assets		451
Accounts payable		1,029
Accrued expenses		389
Retained earnings		803
Total stockholders' equity		$ 803