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Heartland Express, Inc. Declares Quarterly
and Special Dividends

Mon May 14, 2007 4:49pm ET

  
       
   
CORALVILLE, Iowa--(Business Wire)--Heartland Express, Inc. (Nasdaq:HTLD) The Board of Directors of Heartland Express, Inc. announced today the declaration of a regular quarterly cash dividend. The $0.02 per share quarterly dividend is expected to be paid on May 30, 2007 to stockholders of record at the close of business on May 24, 2007. A total of approximately $2 million will be paid on the Company's 98.3 million outstanding shares of common stock as a result of the quarterly dividend.

Heartland Express, Inc. implemented a quarterly cash dividend program in the third quarter of 2003. This is the Company's sixteenth consecutive quarterly cash dividend.

The Company also announced a special dividend of $2.00 per share. The $2.00 per share special dividend is also expected to be paid on May 30, 2007 to stockholders of record at the close of business on May 24, 2007. A total of approximately $197 million will be paid on the Company's 98.3 million outstanding shares of common stock as a result of the special dividend.

Stockholders will receive one check representing dividends paid under both the quarterly and special dividend.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to our quarterly and special dividend. Actual events may differ from those anticipated by forward-looking statements. There can be no assurance that future dividends will be declared. Future dividends, whether quarterly or special, will depend upon the financial condition, results of operations, and capital requirements of the Company, as well as other factors deemed relevant by the Board of Directors. Declaration of future dividends is also subject to various risks and uncertainties, including: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under future financing arrangements; changes in tax laws relating to corporate dividends; future deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Heartland Express, Inc. Michael J. Gerdin, 319-545-2728 President or John P. Cosaert, 319-545-2728 Executive Vice President-Finance, Chief Financial Officer, and Treasurer
Copyright Business Wire 2007

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USA Truck, Inc. to Participate in the 2007 Bear Stearns Global Transportation Conference

April 25, 2007 04:15 PM Eastern Daylight Time

VAN BUREN, Ark.--(BUSINESS WIRE)--USA Truck, Inc. (NASDAQ:USAK) will participate in the Bear Stearns Global Transportation Conference on Tuesday, May 8 as part of a multi-company presentation beginning at 11:15 a.m. EDT. The conference will take place at the Bear Stearns World Headquarters in New York City.

Representing USA Truck will be Jerry Orler, President and Chief Executive Officer and Cliff Beckham, Senior Vice President, Finance and Chief Financial Officer. The 55 minute presentation, featuring USA Truck and two additional truckload carriers will conclude with moderated questions and answers. USA Truck will also host a 30 minute breakout session beginning at 1:35 p.m. EDT.

Following the presentation, interested investors may view the information provided at the conference on USA Truck's website, www.usa-truck.com.

This press release and the presentation to which it relates contain forward-looking statements and information that are based on our current beliefs and expectations and assumptions we have made based upon information currently available. Forward-looking statements include statements relating to our plans, strategies, objectives, expectations, intentions and adequacy of resources, and may be identified by words such as “could,” “should,” “may,” “believe,” “expect,” “intend,” “plan,” “schedule,” “estimate,” “project” and similar expressions. These statements are based on current expectations and are subject to uncertainty and change. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot assure you that such expectations will be realized. If one or more of the risks or uncertainties underlying such expectations materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. Additional risks associated with our operations are discussed in our SEC filings, including our most recent Annual Report on Form 10-K and our quarterly reports on Form 10-Q.

All forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by this cautionary statement.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release might not occur.

References to the “Company,” “we,” “us,” “our” and words of similar import refer to USA Truck, Inc. and its subsidiary.

USA Truck is a dry van truckload carrier transporting general commodities via our General, Regional and Dedicated Freight divisions. We transport commodities throughout the continental United States and into and out of portions of Canada. We also transport general commodities into and out of Mexico by allowing through-trailer service from our terminal in Laredo, Texas. Our Third Party Logistics and Freight Brokerage divisions provide customized transportation solutions using our technology and multiple modes of transportation including our assets and the assets of our partner carriers. Click Here for USA Truck Job Openings

Source: http://www.usa-truck.com 

 

Schneider National, Inc. Wins National Sleep Foundation’s 2007 Healthy Sleep Community Award for Innovative Sleep Apnea Screening Program

Memorial Health Services Receives Honorable Mention

WASHINGTON, DC, March 6, 2007

The National Sleep Foundation (NSF) today announced that Schneider National, Inc., one of the largest truckload carriers in North America, is the recipient of the 2007 NSF Healthy Sleep Community Award for creating a groundbreaking obstructive sleep apnea (OSA) detection and treatment program for its drivers. Additionally, Long Beach Memorial Medical Center (LBMMC) and Miller Children’s Hospital (MCH) – two facilities of Memorial Health Services – received an honorable mention for its efforts to reduce the turnover rate for its night shift nurses.

Schneider National is the ninth recipient of the NSF Healthy Sleep Community Award which recognizes outstanding efforts by businesses to initiate activities or programs based on sleep science with the goal of providing long-lasting results to benefit a significant portion of a particular community. 

The commercial driver sleep apnea program administered by Schneider National was created in response to a study sponsored by the Federal Motor Carrier Safety Administration (FMCSA) and the American Trucking Associations which revealed up to 28 percent of commercial driver’s license holders have some severity of OSA.  A potentially life-threatening breathing-related sleep disorder that often goes undiagnosed and untreated, OSA is characterized by pauses in breathing that last at least 10 seconds or more and can occur up to 400 times per night.  Signs of sleep apnea include daytime sleepiness, falling asleep at inappropriate times, loud snoring, depression, irritability, loss of sex drive, morning headaches, frequent nighttime urination, lack of concentration, and memory impairment.  For commercial drivers, these symptoms are dangerous and potentially deadly.  Research indicates that untreated sleep apnea puts drivers at increased risk for motor vehicle crashes as well as hypertension, cardiovascular disease, stroke, and diabetes and may contribute to obesity.

“Schneider National is honored that NSF has recognized our efforts to address the dangerous and far-reaching problem of sleep apnea in the industry,” said Don Osterberg, vice president of safety and training for Schneider National.  “Ideally, we expect our program will serve as a model for the entire trucking industry. The industry needs to generate awareness of this problem, educate drivers to the dangers of untreated sleep apnea, provide resources to help them get treated and ultimately make the roads safer for everyone.” 

After considering the extensive dangers of OSA on its drivers (most of whom fall into the risk profile for the disorder), Schneider National decided to tackle the problem head on by initiating an education campaign to raise awareness within the organization.  Schneider National utilized newsletters, posters, leadership involvement, and one-on-one meetings with its drivers. Through this dynamic program, Schneider National tested 547 of its drivers from April to December 2006; 445 of those tested – an astonishing 80 percent – were diagnosed with a sleep disorder and were provided treatment – improving the health and safety of its driver workforce. 

“NSF is proud to honor Schneider National, Inc. with the 2007 Healthy Sleep Community Award for developing a program that really hits home,” said Richard Gelula, NSF’s chief executive officer.  “Truck and motorcoach drivers are a significant ‘at risk’ group for OSA and will continue to be so as the average age of drivers continues to increase over the next 20 years.  Schneider National recognized the problem and took steps to make its drivers healthier and the highways safer for everyone.  It is an admirable and very necessary campaign.” 

The advantages of the Schneider National screening program extend beyond the creation of a healthier, more alert fleet of drivers.  The company also saw a reduction in health care costs.  These savings were passed onto its drivers, as Schneider provided each identified driver with a free continuous positive airway pressure (CPAP) machine – the standard treatment for OSA. In addition to expanding the campaign within the company, Schneider National plans to take a leadership role in promoting industry change by helping the Department of Transportation shape future guidelines for screening and treatment of OSA in commercial drivers. 

NSF would also like to recognize LBMMC and MCH Nursing Night Shift Retention Task Force, for successfully improving the retention rate of their night shift nurses.  Their innovative education programs and development of new policies and services helped to reduce the turnover rate for their newly hired night shift nurses by 33 percent. Click Here for Schneider National Truck Driver Job Openings
Source: SleepFoundation.org
 
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