Heartland Express Profit Increases 43%
Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013, as loads turned down were the highest since before the Great Recession.
Photo: Evan Lockridge
Photo: Evan Lockridge
Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013.
The Iowa-based carrier reported net income was $22.7 million for the most recent quarter compared to $15.9 million a year ago, a 43% gain, with earnings per share of 26 cents compared to 19 cents.
Revenue increased more than 66% to $217.1 million.
Freight demand continued to be strong throughout the quarter as the company experienced above normal volumes of freight across the entire United States, Heartland said in a statement.
“All regions of the country were strong, with some like the West Coast being extremely overbooked. Loads turned down throughout the quarter were the highest the company has seen since before the recession.”
According to the company, its operating results continue to be favorably affected by the purchase of Gordon Trucking nearly a year ago, as it continues to develop operational efficiencies since the purchase.
Heatland said a dividend of 2 cents per share was declared during the quarter and was paid on October 2.
More information in on the Heartland Express website.
More Fleet Management
How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets
Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.
Read More →
What the U.S.-Canada Trade War Means for Trucking
Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.
Read More →
What Are Trucking’s Top Concerns for 2026?
The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.
Read More →
American Trucking Associations Looks for a New Leader
ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.
Read More →
Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data
Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.
Read More →
For Nicky Cupp, Fleet Innovation Starts With Frustration
HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.
Read More →
Adam Buttgenbach’s Approach to Electric Trucks: Start With Where They Fit
HDT Truck Fleet Innovator Adam Buttgenbach helped PepsiCo build one of North America’s largest EV fleets by focusing on where electric trucks make operational sense.
Read More →
Deen Albert: Let Automation Do the Math, People Make the Decisions
HDT Truck Fleet Innovator Deen Albert makes sure people are still at the heart of operations at Grand Island Express, even while adopting artificial intelligence tools. AI-assisted dispatch helped boost revenue 25% with the same number of trucks.
Read More →
Trimble’s New AI Agent Takes Aim at Fleet Back-Office Busywork
Arc Agent works across Trimble TMS products to automate repetitive tasks such as freight orders, maintenance, invoices, fuel costs and more.
Read More →
How HDT’s 2026 Truck Fleet Innovators Are Rethinking Fleet Operations
Meet five trucking leaders who are challenging assumptions, solving operational problems, and putting innovative ideas to work.
Read More →