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Company Profile For Heartland Express Inc

Heartland Express Inc (HTLD.O) (Nasdaq)
sector: Industrials · industry: Rails & Roads - Freights ·
As of  25 Nov 2009
14.96USD
Price Change
-0.11
Percent Change
-0.73%
 
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Overview

Heartland Express, Inc. (Heartland) is a short-to-medium haul truckload carrier. The Company provides regional dry van truckload services from its nine regional operating centers. The Company transports freight for shippers and generally earns revenue based on the number of miles per load delivered. The Company’s primary traffic lanes are between customer locations east of the Rocky Mountains. Heartland Express, Inc. is a holding company of Heartland Express Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., and A & M Express, Inc. The Company's primary customers include retailers and manufacturers. Heartland operates nine specialized regional distribution operations in Atlanta, Georgia; Carlisle, Pennsylvania; Chester, Virginia; Columbus, Ohio; Jacksonville, Florida; Kingsport, Tennessee; Olive Branch, Mississippi; Phoenix, Arizona and Seagoville, Texas.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Heartland Express, Inc.'s revenues decreased 29% to $345.3M. Net income decreased 9% to $46.3M. Revenues reflect a reduction in fuel prices period over period translated into lower fuel surcharges. Net income was partially offset by a decrease in salaries, wages & benefits expenses, lower rent & purchased transportation, decreased fuel expenses and an increased gain on disposal.

Company Address

Heartland Express Inc
901 N Kansas Ave.
North Liberty   IA   52317
P: +1319.6263600
F: +1319.6263355

Total Employees

3279

Find Out More About HTLD.O

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