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In a move one analyst is saying could be "the best strategic truckload deal ever," Iowa-based Heartland Express has acquired Gordon Trucking Inc. of Pacific, Wash., in transactions valued at approximately $300 million.
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Iowa-based trucking company Heartland Express has reported net income increased $3.4 million to $15.9 million in the third quarter of the year compared to $12.4 million in the 2012 period, a 27.6% increase.
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Iowa-based truckload carrier Heartland Express announced financial results for the second quarter of the year, showing net income increased $0.9 million to $19.1 million compared to $18.2 million in the 2012 period, a 5% increase.
Read More →The Iowa-based truckload operation Heartland Express reports it saw a first quarter uptick in profits while revenue was mainly unchanged.
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Heartland Express is operated with an eye toward long-term profits instead of short-term cash flow. Chairman & CEO Russ Gerdin is a 2006 HDT Truck Fleet Innovator.
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