The operating ratio at Heartland Express, long known for being one of the best in the truckload business, weakened in the third quarter as several other financial indicators moved in directions that ultimately led to a flat financial performance.
The adjusted operating ratio for Heartland was 81.5% in the third quarter. That’s wider from 79.4% in the third quarter of 2019. The adjusted OR was 83.2%, up from 81.9%.
Heartland does not hold a call with analysts to discuss its performance. It also...
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