Heartland Express and its subsidiaries employ 5,220 individuals and operate a fleet of approximately 2,400 trucks. The primary industries Heartland serves are retail, manufacturing, automotive, food, paper and plastic, and consumer goods.
08 Jun 2022
Acquisitions are a tool with which profitable large carriers such as Schneider National and Heartland Express are expanding their footprints and their portfolio of services, despite market headwinds.
01 Jun 2022
The acquisition of Smith Transport by Heartland Express points to continued strong freight demand as the shipping market seeks a new balance between contract and spot freight.
21 Apr 2022
US shippers’ need for truck capacity guarantees in a volatile market is pushing more freight away from the spot market to contract carriers, especially the largest fleets such as Knight-Swift.
15 Apr 2022
Trucking revenue broke records in 2021, riding on a wave of mergers and acquisitions as well as swelling rates and unrelenting demand, and analysts forecast that 2022 will continue the positive trend.
07 Mar 2022
Fifteen of the top 25 US truckload carriers grew their revenue by double-digit percentages in 2021, with their expansion fueled by acquisitions and new services.
21 Apr 2021
February’s winter storms in the southern and central United States had a large and lingering impact on transportation and supply chains, though freight demand is now in full flow, consuming this spring’s truckload capacity.
19 Jan 2021
US truckload carrier Heartland Express improved revenue and profit in the most recent quarter and is raising driver pay, investing in new equipment, and focusing on improved utilization in 2021.
26 Aug 2019
Heartland Express has acquired truckload carrier Millis Transfer and the Millis driving school for $150 million, the second major acquisition the Iowa carrier has made in two years.
19 Jul 2018
Acquisitions boost revenue, profit for Iowa-based Heartland Express as US freight demand pushes the limits of ‘transportation infrastructure.’
06 Jul 2017
The $113 million acquisition of Interstate Distributor will give Heartland greater "depth" in important truck lanes and a roster of experienced drivers.
21 Apr 2017
Werner Enterprises and Heartland Express follow J.B. Hunt in reporting a rise in freight demand as the second quarter gets under way.
21 Mar 2017
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
20 Oct 2016
Even when volumes rise, lower revenue shows impact of reduced rates and fuel surcharges at publicly owned carriers.
29 Jul 2016
Despite an uptick in volume in July, trucking executives see a long road ahead before truckload rates rise.
26 Jan 2016
Heartland Express saw profit and revenue drop in the fourth quarter and 2015, but the company remains highly profitable, and is banking on the road ahead by adding new trucks, raising driver pay.
28 Oct 2015
Long-time truckload profit leader Heartland Express lost some traction as lower shipping demand met higher truck capacity in the third quarter.
29 Jul 2015
The lingering effects of a 2013 acquisition also pulled down second-quarter profits at truckload carrier Heartland Express, still the most profitable publicly owned truckload carrier.
24 Apr 2015
Large, diversified truckload carriers found detours around the "soft patch" in the U.S. economy during the first quarter, with most increasing revenue and profit. A lack of drivers may have held back some companies.
18 Feb 2015
Shippers could see truck pricing 'skyrocket' as they scramble to move containers inland once the labor situation at U.S. West Coast ports is resolved, BB&T Capital Markets said.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
28 Oct 2014
Heartland benefited from its acquisition last year of Gordon Trucking, which coupled with strong freight demand helped boost third-quarter revenue 66 percent.
28 Oct 2014
Knight Transportation is using sustainable profit to finance sustainable growth, both through acquisition and organic growth, raising driver pay and adding trucks in a tight market.
01 Oct 2014
Strategic acquisitions in the U.S. trucking field continue as truckload carrier Knight Transportation grabs Barr-Nunn for $112.4 million.
01 Sep 2014
A review of publicly owned trucking company earnings in the second quarter shows the strength of freight demand building up as the U.S. economy expanded, supporting growing expectations of a busier than typical peak shipping season in North America this fall.
24 Jul 2014
The U.S. economic recovery may be slow, but the freight recovery is moving faster, thanks to growth in manufacturing, energy and construction.
22 Jul 2014
What a difference a year — and a $300 million acquisition — can make. The acquisition of Gordon Trucking last November is powering significant growth at Heartland Express...
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
24 Apr 2014
Heartland Express passed the first major mile marker on its route to becoming a billion-dollar truckload operator this year, increasing first-quarter revenue 67.2 percent from a year ago to $224.5 million. Much of that additional cash comes from freshly acquired Gordon Trucking.
25 Mar 2014
When it came to expansion, the 25 largest truckload carriers idled their engines last year, increasing their combined revenue by just 0.6 percent to $25.6 billion. The growth they did enjoy came largely from acquisitions, a trend expected to continue in 2014 as truckload demand rises.
12 Nov 2013
Heartland Express, one of the most profitable truckload carriers in the nation, acquired fast-growing Gordon Trucking for $300 million in cash, assets and debt.
01 Nov 2013
Trucking’s early third quarter earnings reports looked better than might be expected in a sluggish and inconsistent economy. That’s largely because the first publicly owned motor carriers past the quarterly post took advantage of opportunities to move more freight by intermodal rail, diversified their over-the-road services and, most important, protected profit margins in the quarter.
22 Jul 2013
Heartland Express reported net income in the second quarter of 2013 was $19.1 million, increasing 5.0 percent or $0.9 million from $18.2 million in the same period last year.
17 Apr 2013
Heartland Express reported a $19.7 million profit for the first quarter of 2013, up 19 percent from the $16.6 million reported for the first quarter 2012.
24 Jan 2013
Trucking company Heartland Express reported its profit in the fourth quarter of 2012 was $14.3 million, dropping 16.5 percent from $17.1 million in the fourth quarter of 2011.
15 Oct 2012
The economic slowdown dragged earnings for Heartland Express down 19.3 percent in the third quarter, as the trucking comp
20 Jul 2012
Net profit dropped 19.1 percent at Heartland Express to $18.2 million, as the trucking firm increased second quarter revenue 1.8 percent to $139.7 million.