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.

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.
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.
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.