There’s been a flight to quality that has led some shippers and carriers out of the spot market, Fuller said.
The CEO of Heartland defends the company’s strategy that saw a lot less revenue but a lot more in profits.
A significant falloff in revenue went along with the rise in profitability as the operating ratio took a big leap forward.
A significant falloff in revenue went along with the rise in profitability as the operating ratio took a big leap forward.
We visualized the performance metrics of the publicly-traded truckload carriers over the past six quarters, using TCA InGauge’s data.
The details in the company statement are not precise, but the all-in number for some drivers could be as high as 67.5 cts per mile.
Gerdin says timetable could speed up on the back of a strong freight market.
Heartland has five “sell” ratings from equity analysts, seven “hold” ratings, and one “underweight.” That has not shifted much in recent months.
Seeking to build “greater lane density to improve utilization and yields through more efficient dispatch and capacity allocation,” Heartland Express Inc. announced it is acquiring Interstate Distributer Co. (IDC) of Tacoma, WA, from Saltchuk Resources.
