Heartland Express, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
January 31, 2024 at 09:00 am EST
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Heartland Express, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 1,207.46 million compared to USD 968 million a year ago. Net income was USD 14.78 million compared to USD 133.58 million a year ago.
Basic earnings per share from continuing operations was USD 0.19 compared to USD 1.69 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 1.69 a year ago.
Heartland Express, Inc. is a holding company. The Company, together with its subsidiaries, is a short, medium and long-haul truckload carrier and transportation services provider. It primarily provides a nationwide asset-based dry van truckload service for various shippers across the United States, along with cross-border freight and other transportation services offered through third party partnerships in Mexico. The Companyâs primary customers include retailers, manufacturers and parcel carriers. Its over-the-road tractors are equipped with mobile communication systems. It operates 31 terminal facilities throughout the contiguous United States and one in Mexico. The Companyâs subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, Inc. and others.