Heartland Express

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.

Knight Transportation tractor-trailer
01 Oct 2014
Strategic acquisitions in the U.S. trucking field continue as truckload carrier Knight Transportation grabs Barr-Nunn for $112.4 million.
ABF Freight saw the biggest increase in profitability on the LTL side in the second quarter, 314.5 percent.
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.
Trucks at a truck stop
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...
Trucking dashboard
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
Heartland Express trucks
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.
Schneider National is No. 2 in the JOC’s ranking of the Top 25 Truckload Carriers in 2013.
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.
Heartland Express truck cab
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.
J.B. Hunt intermodal
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.