Heartland's Income, Revenue Rise in Third Quarter
Click here to write a Letter to the Editor.
Heartland also said it purchased 700 new trailers from Wabash National this year and will take delivery of 300 more in the fourth quarter.
ruckload carrier Heartland Express said Thursday that its third-quarter income was $17.5 million or 20 cents a share, an increase from $17.1 million or 23 cents a year earlier.
Heartland’s revenue rose 16.1% to $136.2 million, the company said in a statement.
The carrier reported an operating ratio of 81.4% for the quarter and said it is continuing to replace its entire tractor fleet. Delivery of new trucks and trade-ins is scheduled to be complete by December 2006.
Heartland Express is ranked No. 46 on the Transport Topics 100 listing of the largest U.S. and Canadian trucking companies.
