Heartland’s Third-Quarter Profits, Revenue Increase
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During the third quarter, Heartland took delivery of 475 new tractors and added 252 trailers to complete its trailer fleet upgrade. Tractor fleet replacement will continue throughout the fourth quarter and will be completed by Dec. 31, Heartland said.
ruckload carrier Heartland Express on Wednesday reported its third-quarter net income rose to $23 million or 23 cents a share, up from $17.5 million or 18 cents a year ago.
Heartland’s operating revenue rose 8% to $147.1 million, the company said in a statement.
The company’s operating ratio for the quarter was 77.9%.
Heartland Express is ranked No. 48 on the Transport Topics 100 listing of the U.S. and Canadian for-hire trucking companies.
