Heartland Express is buying Contract Freighters’ non-dedicated truckload business from TFI International in its largest acquisition ever, creating a giant in the irregular-route truckload space.
Truckload carrier Heartland Express just upped the size of its fleet by 850 trucks with the purchase of Smith Transport.
Werner and Heartland, two major truckload carriers, reported second quarter earnings that showed increased profit and revenue compared to the same time a year ago.
A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.
Trucking company Heartland Express Inc. on Monday reported higher profits for the final quarter of 2017 and for all of last year, but that was not enough to move its operating income higher.
Profit for less-than-truckload provider YRC Worldwide Inc. fell nearly 30% in the second quarter from a year earlier, despite increased tonnage per day moved at both its national and regional operations. Heartland Express saw profit and revenue drop, though its operating ratio was the best in two years.
Truckload carrier Heartland Express has acquired 100% of the outstanding stock of Tacoma, Washington-based Interstate Distributor Co. from Saltchuk Resources.
First quarter earnings for trucking company Heartland Express Inc. edged lower from the same time a year ago as revenue posted a significant decline, according to figures released Friday by the company.
Earnings reports from three more trucking fleets rolled in late Thursday afternoon, all showing lower earnings in the fourth quarter compared to the same time a year ago.
UPDATED -- The third quarter earnings season continued on Thursday with the release of reports showing more trucking companies had lower earnings compared to a year ago, with another held on.
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