Heartland Archives - Maritime Shipping News

Heartland Express beats in Q1, sees ‘volatile freight demand’ in 2022

21 April 2022

A white Heartland Express tractor and trailer on the highway

Truckload carrier Heartland Express reported first-quarter earnings per share of 21 cents Thursday after the market opened. The result was 2 cents better than consensus and 4 cents higher year-over-year. Revenue excluding fuel surcharges was 6% lower in the period at $127 million.

Heartland (NASDAQ: HTLD) does not provide operating metrics for utilization and pricing in its quarterly reports.

“Freight demand has continued to be strong even though demand has reached lower levels during the first...

https://www.freightwaves.com/news/heartland-express-beats-in-q1-sees-volatile-freight-demand-in-2022

The Daily Dash: TRATON to acquire Navistar; early earnings disappoint

17 October 2020

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Volkswagen’s truck division TRATON has formally agreed to acquire Navistar. Plus, carriers remain firmly in charge when it comes to rates and the first truckload earnings are out and they are not as good as expected.

A marriage made in truck heaven

TRATON has formally agreed to acquire U.S. truck maker Navistar, concluding a nearly yearlong saga that was first rumored years ago.

Alan Adler has the...

https://s29755.pcdn.co/news/the-daily-dash-traton-to-acquire-navistar-early-earnings-disappoint

The Daily Dash: Freight volumes, capacity and earnings remain strong

20 July 2020

The Daily Dash is a quick look at what is happening today in the state of freight.

Freight volumes remain strong through July

There was little evidence that freight volumes would weaken beyond the Fourth of July holiday peak — and this bullish outlook proved correct. The outbound tender volume index (OTVI) remains strong after the traditional holiday peak and finished this week 25% above 2019 volumes. Truck capacity remains tight. Tender rejections climbed again this week and are now at 16.55%.

S...

https://s29755.pcdn.co/news/the-daily-dash-freight-volumes-capacity-and-earnings-remain-strong

The Daily Dash: Fundraising, robots and who rules the freight world?

18 July 2020

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, autonomous trucking startup Plus.ai seeks new funding, Daimler suggests a surprise in second-quarter earnings is coming, robots are taking over and trucking still rules the freight world.

That’s a lot of cash

Autonomous trucking startup Plus.ai is looking to raise more cash. According to reports, the company is seeking $60 million and a valuation in the range of $600 million to $1 billion. Other...

https://s29755.pcdn.co/news/the-daily-dash-fundraising-robots-and-who-rules-the-freight-world