Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Heartland Second Quarter Profit Moves 38.7% Higher

Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.

by Staff
July 22, 2014
Heartland Second Quarter Profit Moves 38.7% Higher

Photo: Evan Lockridge

2 min to read


Photo: Evan Lockridge

Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.

Operating revenues totaled $226.8 million, with net income of $26.5 million, and earnings of 30 cents per share in the most recent quarter, compared to operating revenues $134 million, net income of $19.1 million, and earnings of 23 cents per share for the second quarter of 2013.

Ad Loading...

For the six month period ended June 30, Heartland had operating revenues of $451.3 million, net income of $40.6 million, and earnings of 46 cents per share, compared to operating revenues of $268.3 million, net income of $38.9 million, earnings of 46 cents per share for the same six month period a year earlier.

The increases were due to the company’s November purchase of Gordon Trucking. 

Since the acquisition Gordon Trucking the Iowa-based company said it has been working on the integration of the two companies but without the combination of their information technology platforms in the first and second quarters. “The company expects to gain additional synergies upon the next step in the integration process which is expected to be achieved in the third quarter of 2014 when the two companies will be brought together on a single information technology platform,” Heartland said in a release.

Ad Loading...

Heatland also said the trucking industry continues to be challenged with reductions in the availability of qualified drivers as well as by various regulations that increasingly reduce drivers' availability. “The regulations, including the 34-hour restart and a 30-minute break within the first eight hours of driving that were effective July 1, 2013, will continue to reduce driver utilization,” Heartland said. “The company will continue to look at all of our alternatives to enhance our drivers' utilization as well as compensation of our drivers for their time spent away from home while on the road.”

During the second quarter of 2014 Heartland took delivery of 511 new tractors and has approximately 800 tractors scheduled for delivery prior to the end of the year. The average age of the company's trailer fleet was 4.6 years on June 30 compared to 3.2 years a year earlier. It also continues its process of updating its trailer fleet exiting model years 2007 and prior. During the second quarter of 2014 Heartland took delivery of 574 trailers and has approximately 650 trailers scheduled for delivery prior to the end of 2014. By the end of 2014 the company currently anticipates that its trailer fleet will be 88% 2008 and newer model years.

More Fleet Management

Red Kodiak-branded autonomous tractor with Charger-branded trailer backed up to warehouse
Fleet Management•October 30, 2026

Kodiak Lines Up Fleets for Driverless Trucking

An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.

Read More →
Illustration with Star of David and EEOC logo
Fleet Management•by News/Media Release•October 28, 2026

ITS Logistics Settles Religious Harassment Case

The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.

Read More →
Truck on divided interstate highway driving toward sunrise
Fleet Management•October 27, 2026

Your Trucks Are Busy. That Doesn’t Mean They’re Winning.

High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.

Read More →
Ad Loading...
ATA economist Bob Costello speaking beside a graph showing truckload operating costs rising as freight revenue per mile declined after 2022.
Fleet Management•by Deborah Lockridge•October 22, 2026

Why This Trucking Recovery Is Different

Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.

Read More →
PS Coach tablet interface showing a driver’s coaching inbox, safety event video and coaching advice for a harsh-braking event.
Fleet Management•by News/Media Release•October 21, 2026

Platform Science Adds Dispatch and Safety Tools

Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.

Read More →
Screen capture showing PrePass Intelligence data on tolls
Fleet Management•by News/Media Release•October 21, 2026

PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data

PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.

Read More →
Ad Loading...
Computer screen showing examples of what fleets could ask Motive AI Agents to do
Fleet Management•by Staff•October 20, 2026

Motive Adds AI Agents for Fleet Operations

New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.

Read More →
Graphic art with a heavy-duty tractor trailer and a work truck with the words "trivia lunch"
Fleet Management•by Lauren Fletcher•October 19, 2026

Can You Beat Our Trucking Trivia Challenge?

Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?

Read More →
Four horizontal and two vertical video screens show different aspects of BeyondTruck's new compatibility engine
Fleet Management•by Deborah Lockridge•October 19, 2026

BeyondTrucks Adds Rules Checks to Dispatch

New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.

Read More →
Ad Loading...
Gloved hand fueling a truck beside a graphic listing ATRI’s top three trucking concerns for 2026: fuel prices, lawsuit abuse reform and CSA.
Fleet Management•by Deborah Lockridge•October 19, 2026

Diesel Prices Hijack Trucking’s Worry List

ATRI’s annual survey finds cautious optimism about freight, but diesel costs, litigation, and insurance continue to squeeze fleets. Drivers have different priorities on several issues.

Read More →