HTLD

Heartland Express, Inc. operates as a short-to-medium haul troop carrier primarily serving the continental United States. Headquartered in North Liberty, Iowa, the company provides nationwide dry van truckload transportation services through its extensive fleet of tractors and trailers. Heartland focuses on regional and short-haul shipping routes, typically under 500 miles, which allows for more predictable scheduling and higher asset utilization compared to long-haul operations. The company serves diverse industries including automotive, consumer goods, retail, and manufactured products. Heartland has expanded significantly through strategic acquisitions, most notably purchasing Contract Freighters, Inc. (CFI) in 2013 and Millis Transfer in 2019, broadening its geographic reach and service capabilities. The company operates approximately 3,000 tractors and 10,000 trailers across multiple facilities and service centers throughout North America. Heartland maintains one of the youngest fleets in the industry, with an average tractor age under two years, which contributes to fuel efficiency and lower maintenance costs. The company distinguishes itself through owner-operator partnerships alongside company drivers, providing flexibility in capacity management. Heartland emphasizes safety performance, operational efficiency, and technology integration to optimize routing and customer service. As a publicly traded company on NASDAQ under ticker symbol HTLD, Heartland generates annual revenues exceeding $900 million and maintains a debt-free balance sheet.