Corporate Profile for Heartland Express Incorporated, dated March 29, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0- Published date: March 29, 1996 Company name: Heartland Express Incorporated
Address: 2777 Heartland Dr.
Coralville, IA 52241
Telephone No.: 319-645-2728 Chief Executive Officer: Russell A. Gerdin Chief Financial Officer: John P. Cosaert Investor Relations Contact: John P. Cosaert Business number: 319-645-2728 Home number: na Public Relations Contact: John P. Cosaert Business number: 319-645-2728 Home number: na Trading symbol: HTLD Industry: Transportation Company description: Heartland Express, Inc. is a short-to-medium haul truckload carrier Merrian-Webster online dictionary defines truckload as " a load or amount that fills or could fill a truck". A truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer. based near Iowa City, Iowa Iowa City is a city in Johnson County, Iowa, United States. It is the principal city of the Iowa City, Iowa Metropolitan Statistical Area which encompasses Johnson and Washington counties. . Heartland provides nationwide transportation service to major shippers, using late-model tractors and a uniform fleet of 53-foot aluminum plate dry vans. Heartland's primary traffic lanes are between customer locations east of the Rocky Mountains Rocky Mountains, major mountain system of W North America and easternmost belt of the North American cordillera, extending more than 3,000 mi (4,800 km) from central N.Mex. to NW Alaska; Mt. Elbert (14,431 ft/4,399 m) in Colorado is the highest peak. , with selected service to the west. Management believes that Heartland's service standards and equipment accessibility have made it a core carrier to many of its major customers. Heartland was founded by Russell A. Gerdin in 1978 and became publicly traded in November 1986. Over the ten years from 1986 to 1995, Heartland has grown to $191.5 million revenue from $21.6 million and net income has increased to $20.6 million from $3.0 million. Much of this growth has been attributable to expanding service for existing customers and acquiring new customers. During the last year Heartland had a stock dividend and the restated high was $21.28/share and the low was $15.84/share. Heartland Express, Inc. is a holding company incorporated in Nevada, which owns, all of the stock of Heartland Express, Inc. of Iowa, Heartland Equipment, Inc., Munson Transportation, Inc., Munson Transport Services The collective functions of layers 1 through 4 of the OSI model. , Inc., and Munson Equipment, Inc. CONTACT: Heartland Express Inc. |
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