 | |
| Company type | Public |
|---|---|
| Nasdaq: HTLD | |
| Industry | Freight transport |
| Founded | 1978 |
| Headquarters | , U.S. |
| Subsidiaries | CFI |
| Website | www |
Heartland Express is an American transportation company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.
Heartland Express was founded in 1978 by Russell A. Gerdin. [1]
Heartland Express went public in 1986. By 1988, the company had a fleet of more than 300 tractors and a net income of more than $5 million. [1]
Heartland Express acquired Illinois-based Munson Transportation in 1994, doubling the size of the company. By the end of the following year, the company reported a net income of more than $20.5 million. [1]
In 2013, Heartland Express purchased Gordon Trucking for $300 million. The acquisition made the company the fifth-largest asset-based trucking company in the United States. [2]
In 2017, the company acquired Interstate Distributor from Saltchuk for $113 million. [3] Heartland express acquired Millis Transfer in 2019 for $150 Million. [4]
In 2022, Heartland Express acquired Smith Transport for $170 million. [5] The company acquired the trucking assets of Contract Freighters, Inc. (CFI) from TFI International for $525 million later the same year. [6] [7]
Heartland Express offers long-haul, regional, and dedicated truckload services. [8] As of 2025 [update] , the company operates terminals in fourteen U.S. states. [9]
