Heartland Express Reports Higher 2Q Income
Heartland Express said Friday its second-quarter profit rose slightly from a year ago.
Net income rose to $19.1 million or 23 cents a share, from $18.9 million, or 21 cents, a year ago. Revenue slipped 4.2% to $134 million.
The average age of its tractor fleet was 2 years as of June 30, down from 2.2 years a year ago, the truckload carrier said.
Heartland took delivery of 190 new trucks during the second quarter, including International ProStar Plus and Freightliner Cascadia models.
Heartland Express is ranked No. 47 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.
