Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/17/2012 11:45:00 AM Write a Letter to the Editor Write a letter to the Editor

Heartland Express Reports Higher 1Q Profit


Larry Smith/Trans Pixs

Truckload carrier Heartland Express on Tuesday said its first quarter profit rose to $16.6 million, or 19 cents per share, from $14.9 million, or 16 cents, a year ago.

Revenue increased 5.6% to $134.8 million, the company said in a statement.

Heartland’s average tractor age was 1.9 years as of the end of the quarter, with all of its fleet 2010 models and newer. The average trailer age was 4.1 years, with 83% of the fleet 2007 models and newer.

Heartland Express said it took delivery of 27 new ProStar Plus International trucks in the first quarter. The company also said it will take delivery of 1,000 new Wabash trailers this year as it sells its remaining 2002-06 trailers.

Heartland Express is ranked No. 45 on the Transport Topics 100 listing of U.S. and Canadian for-hire trucking companies.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


 

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement