Trucker Heartland Express Boosts Profit 25 Percent

Discussion in 'Heartland Express' started by R-14Driver, Apr 20, 2011.

  1. R-14Driver

    R-14Driver Well-Known Member

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    Sales climb to $127.7 million on stronger first-quarter shipping demand

    Heartland Express increased operating revenue 10.4 percent to $127.7 million in the first quarter, raising net income 25.2 percent to $14.9 million.

    The truckload carrier posted an 82.9 percent operating ratio for the quarter compared with an 86.3 percent ratio a year ago, reflecting improved profitability.

    The first quarter typically is a slow post-holiday period for trucking compared with the fourth quarter, but Heartland's revenue only dipped slightly, by $1.5 million.................

    Trucker Heartland Express Boosts Profit 25 Percent | Journal of Commerce
     

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