Heartland Express Inc (HEI) is a transport and logistics company. The company is engaged in the provision of short to medium truckload carrier services. In addition, it also offers nation-wide asset based dry van and truckload temperature controlled transportation services. HEI provides non asset based freight brokerage services. The company offers long haul truckload transportation services to almost all markets. It carters services to the automotive, consumer goods, manufacturing, food, paper, and plastic and also retail. HEI provides services under brand Millis Transfer and Heartland Express. The company operates its services across the US and parts of Canada. HEI is headquartered in North Liberty, Iowa, the US
Headquarters
United States of America
Address
901 Heartland Way, North Liberty, Iowa, 52317
Website
www.heartlandexpress.com
Telephone
1 319 6457060
No of Employees
6,040
Industry
Transport and Logistics
Ticker Symbol & Exchange
HTLD (NASD)
Revenue (2022)
$1.2B
24.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-88.9%
(2022 vs 2021)
Market Cap*
$798.3M
Net Profit Margin (2022)
XYZ
-91.2%
(2022 vs 2021)
* As of and is in US$
Heartland Express Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Long Haul Truckload Transportation |
| Regional Truckload Transportation |
| Team and Dedicated Operations |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In September, the company and ISAAC Instruments completed the rollout of the ISAAC in-cab telematics solution across the legacy Heartland Express fleet. |
| 2022 | Acquisitions/Mergers/Takeovers | In August, the company acquired Contract Freighters non-dedicated U.S. dry van and temperature-controlled truckload business and CFI Logistica operations in Mexico from TFI International for US$525 million. |
| 2022 | Acquisitions/Mergers/Takeovers | In June, the company acquired 100% stake in the US-based Smith Transport. |
Competitor Comparison
| Key Parameters | Heartland Express Inc | J.B. Hunt Transport Services Inc | Schneider National Inc | Saia Inc | USA Truck, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | North Liberty | Lowell | Green Bay | Johns Creek | Van Buren |
| State/Province | Iowa | Arkansas | Wisconsin | Georgia | Arkansas |
| No. of Employees | 6,040 | 34,718 | 17,300 | 14,000 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael J Gerdin | President; Chief Executive Officer; Chairman | Executive Board | 1996 | 52 |
| David P. Millis | Director; President - Millis Transfer | Executive Board | 2020 | 61 |
| Christopher A Strain | Treasurer; Vice President - Finance; Chief Financial Officer | Senior Management | 2017 | 47 |
| Todd A Trimble | Vice President - Southern Operations | Senior Management | 1993 | 51 |
| K. Eric Eickman | Vice President - Information Technology | Senior Management | - | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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