Despite a weak quarter and planned restructuring, USA Truck (USAK -2%) declines to meet with...

|About: USA Truck, Inc. (USAK)|By:, SA News Editor

Despite a weak quarter and planned restructuring, USA Truck (USAK -2%) declines to meet with larger rival Celadon (CGI +1%) to discuss a merger. It is not known whether Celadon will now go directly to shareholders with an offer. Last week, CGI reported a 6.29% stake in USAK and requested a meeting to discuss a possible association.