Heartland Posts Higher Profits Despite Flat Revenue
The Iowa-based truckload operation Heartland Express reports it saw a first quarter uptick in profits while revenue was mainly unchanged.
The Iowa-based truckload operation Heartland Express reports it saw a first quarter uptick in profits while revenue was mainly unchanged.
Net income was $19.7 million compared to $16.6 million during the first quarter of 2012, a 19.0% increase, while operating revenue for the period was relatively flat at $134.3 million versus $134.8 million.
For the quarter posted an operating ratio (operating expenses as a percentage of operating revenues) of 77.5% and a 14.7% net margin (net income as a percentage of operating revenues) compared to 82.4% and 12.3%, respectively, in the first quarter of last year.
It also says fuel expense continues to have a significant impact on operations. “During the past eight quarters, including the first quarter of 2013, fuel expense has exceeded salaries, wages, and benefits as our largest expense for six of the eight quarters,” the company said in a statement. “Historically, prior to significant fuel price increases in 2008, salaries, wages, and benefits was our largest expense.”
The company says it continues to focus on fuel surcharge pricing, truck idling hours, overall tractor fuel economy and fuel purchasing decisions in an effort to lessen the impact of higher fuel costs.
During the past quarter Heartland took delivery of 485 new trucks which included ProStar Plus International and Freightliner Cascadia models. An additional 190 new trucks it says will be received throughout the second quarter to complete this current upgrade.
More information is available from the Heartland Express website.
More Fleet Management

AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!
Mark your calendar: June 30, 2026 (10:00 a.m. PDT). MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group is going to auction! Bid on a 37.5% ownership interest in this Rancho Cucamonga-based heavy haul and over-dimensional trucking company operating across California, Oregon, and Arizona. The equity interest will be sold to the highest bidder or bidders under Article 9 of the Uniform Commercial Code at 10:00 a.m. PDT.
Read More →
Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities
The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.
Read More →How Waste Connections is Using Data, Telematics, and AI
How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.
Read More →
Why Fleet Data Matters More Than Ever at Waste Connections [Watch]
Waste Connections' Chuck Palmer explains how telematics, predictive maintenance, safety analytics, and AI help keep vehicles on the road and drivers safe in this episode of HDT Talks Trucking.
Read More →
NMFTA Launches Free, Anonymous Cybersecurity Threat Report Portal
Organizations are encouraged to anonymously report freight fraud, cargo crime, and cyber threats while gaining visibility into incidents reported across the transportation sector.
Read More →
AI Can Optimize a Fleet. Can It Replace Human Judgment?
Fleets fear falling behind if they don’t adopt AI quickly enough. They also fear what happens if the technology makes the wrong decision.
Read More →
Jamie Hagen Gets Real About Running a Small Fleet in an Uncertain Economy
Small fleet owner Jamie Hagen says new legal risks, volatile fuel prices, and a changing freight market are forcing small carriers to rethink how they operate — and what they can afford.
Read More →Jamie Hagen Gets Real About Freight, Fuel Prices, Safety, and Small-Fleet Survival
Running a small trucking fleet right now isn’t easy, especially right now. And Jamie Hagen doesn’t sugarcoat it.
Read More →Jamie Hagen Gets Real About Freight, Fuel Prices, Safety, and Small-Fleet Survival
Running a small trucking fleet right now isn’t easy, especially right now. And Jamie Hagen doesn’t sugarcoat it.
Read More →
Data Lock‑In or Integration Lock‑Out?
Data fragmentation is costing dealerships, OEMs, fleets, and upfitters millions. Here’s why interoperability may be the fix the trucking industry needs.
Read More →

