| Business Summary | | Heartland
Express,
Inc.
is
a
short-
to
medium-haul
truckload
carrier
that
provides
nationwide
transportation
service
to
major
shippers,
using
late-model
equipment
and
a
combined
fleet
of
company-owned
and
owner-operator
tractors.
The
Company's
primary
traffic
lanes
are
between
customer
locations
east
of
the
Rocky
Mountains,
with
selected
service
to
the
West.
Heartland
Express,
Inc.
is
a
holding
company
incorporated
in
Nevada,
which
owns,
directly
or
indirectly,
all
of
the
stock
of
Heartland
Express,
Inc.
of
Iowa,
Heartland
Equipment,
Inc.
and
A
&
M
Express,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Heartland
Express,
Inc.,
a
short-to
medium
haul
truckload
carrier,
provides
nationwide
transportation
service
to
major
shippers.
For
the
six
months
ended
6/30/01,
revenues
increased
8%
to
$147.2
million.
Net
income
increased
3%
to
$18.6
million.
Revenues
reflect
the
expansion
of
the
Company's
customer
base
and
increased
volume
from
existing
customers.
Net
income
was
partially
offset
by
the
inclusion
of
a
lower
gain
on
the
sale
of
fixed
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Russell Gerdin, 58 Chairman,
Pres, Sec. | $300K | John Cosaert, 52 Exec.
VP-Fin., Treasurer | 125K | Richard Meehan, 54 Exec.
VP of Marketing | 125K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|