Heartland’s 4Q Earnings Drop 15%

Truckload carrier Heartland Express said Thursday its fourth-quarter profit fell 15% to $16.6 million, or 17 cents a share, from $19.6 million, or 20 cents, a year earlier.

Revenue rose 4% to $152.8 million, the carrier said in a statement.

For the full year, Heartland earned $76.2 million, or 78 cents a share, down from $87.2 million, or 89 cents, the previous year.

Revenue for the full year rose 4% to $591.9 million.

Heartland Express is ranked No. 45 on the Transport Topics 100 listing of U.S. and Canadian for-hire trucking companies.