Earnings summaries and quarterly performance for HEARTLAND EXPRESS.
Executive leadership at HEARTLAND EXPRESS.
Michael J. Gerdin
Detailed
Chief Executive Officer and President
CEO
CA
Christopher A. Strain
Detailed
Vice President of Finance, Treasurer, and Chief Financial Officer
DP
David P. Millis
Detailed
Millis Transfer President
JS
Joshua S. Helmich
Detailed
Secretary of Heartland Express and Senior Vice President and Chief Financial Officer of Contract Freighters
KD
Kent D. Rigdon
Detailed
Chief Operating Officer
Board of directors at HEARTLAND EXPRESS.
Research analysts covering HEARTLAND EXPRESS.
Recent press releases and 8-K filings for HTLD.
Heartland Express Announces Integration of CFI's U.S. Operations
HTLD
M&A
New Projects/Investments
- Heartland Express, Inc. announced the integration and rebranding of CFI's U.S. operations into Heartland Express, effective December 31, 2025.
- This integration aims to align CFI drivers' pay packages with Heartland Express's legacy structure, providing increased compensation and benefits.
- CFI Logistica, S.A, de C.V., CFI's Mexican operations subsidiary, will not be impacted by this change.
- Heartland Express plans to maintain current CFI offices in Joplin, Missouri, West Memphis, Arkansas, and Laredo, Texas, and will offer all current CFI employees continued employment.
Dec 9, 2025, 4:38 PM
Heartland Express Announces Integration of CFI's U.S. Operations
HTLD
M&A
New Projects/Investments
- Heartland Express, Inc. (HTLD) will integrate the U.S. operations of Contract Freighters, Inc. (CFI) into Heartland Express, effective December 31, 2025.
- The integration is intended to enhance consolidated operating and financial performance and will include aligning CFI drivers' pay with Heartland Express's package, offering increased compensation and benefits.
- CFI's Mexican operations subsidiary, CFI Logistica, S.A, de C.V., will not be impacted, and current CFI offices will be maintained with all employees offered continued employment.
- The company is currently assessing the potential impact on the value of goodwill and other intangible assets associated with CFI.
Dec 9, 2025, 4:30 PM
Heartland Express, Inc. Reports Q3 2025 Operating Results
HTLD
Earnings
Demand Weakening
Share Buyback
- Heartland Express, Inc. reported a net loss of $8.3 million and basic loss per share of $0.11 on operating revenue of $196.5 million for the third quarter of 2025.
- The company's operating ratio improved sequentially to 103.7% in Q3 2025, with the Heartland Express, Millis Transfer, and Smith Transport fleets operating profitably.
- Debt and finance lease obligations were reduced to $185 million by September 30, 2025, representing a $309 million reduction over three years, and $1.4 million of common stock was repurchased during the quarter.
- Management highlighted a "prolonged and challenged industry-wide operating environment" due to weak freight demand and does not expect material market improvements until 2026.
Nov 6, 2025, 9:51 PM
Heartland Express Inc Offers Optimistic Outlook Amid Industry Recovery Trends
HTLD
New Projects/Investments
Demand Weakening
- Market conditions remain challenging as turndown loads have risen from about 100 loads a week to 1,100 loads, though the company notes that true equilibrium requires roughly 5,000 loads weekly; weather disruptions in January and February have impacted current performance, but seasonal improvements are anticipated in March and beyond.
- The CFO detailed a CapEx strategy aimed at maintaining a competitive fleet with tractors averaging 2.5 years and trailers currently at 7 to 7.5 years, while also preparing for new emission standards that could increase truck costs by approximately 15%–20%.
Mar 12, 2025, 8:41 PM
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