Heartland Express

Heartland Express is a transportation and logistics services company that offers regional, long haul, and dedicated truckload services to the United States and Canada. Founded in 1978 with headquarters in North Liberty, Iowa, the company reported 2013 revenue of $582 million, up 6.7 percent year-over-year. The company also reported a net income of $70.6 million, up 15 percent from the previous year.

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.

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 in 2013. The acquisition was expected to give Heartland a more than $400 million revenue boost, with combined total revenue for both companies expected to top $1 billion. GTI’s equipment includes approximately 2,000 tractors and 6,500 trailers.

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.
Rail loading at Port of LA
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.