Heartland Express posts record annual revenue

HTLD (Heartland/GTI) issued a press release last week in advance of the full end-of-year quarterly report due any day now.

Full press release here http://secfilings.nasdaq.com/filing...PRESS+INC&FormType=8-K&RcvdDate=2/4/2015&pdf=

Claims driver pay increased 10% on average.

So as big as Wal-Mart is with Gordon, it's not so big for HTLD/GTI...

 

Also...

A few awards to accompany other bragging rights.

 

Of all the drivers i knew at gti...only 1 remains and he would be quitting were it not for insurance

 

I've heard from some GTI diehards that the miles have gone down, they're being forced to shut down in weather they can drive in and that the temp control fleet is practically gone, as I predicted, they're not replacing the reefers. Let's see what happens with the heavy haul fleet, but I honestly see that going away as well. Looks like Haney will be picking up some new freight. We've picked up some GTI reefer work as well.

 

Maybe so. HTLD/GTI seems to be doing fine just the same. Stock's at $24.89. Was $11 and change before the acquisition Nov. 11, 2013. I think Gerdin has almost 26 million or so shares left himself.

Down from a smidge under 29 million on June 30, 2014 after non-market transfers to a daughter, if I recall. Not sure.

Insider's report http://www.nasdaq.com/symbol/htld/insider-trades

Gerdin's remaining 26 million shares, by increasing $13/share, bumped him up a cool $338,000,000. So, yeah, he's doing fine.

 

Corporate profits do not make it a good company....monsanto comes to mind

 

Heartland remains a scumbag company. They've bought up GTI and are turning that into a scumbag operation too. Let Heartless take in millions and constantly #### the drivers. So glad not to be a part of that pile of garbage they call a company.

 

If I had a nickel for every driver (myself included) who thinks his last outfit was a scumbag outfit, well, don't count on me coming in tomorrow!!

Here's a comparison from a dividends standpoint between JBH, Ryder, Con-way, HTLD (Heartland/GTI) and Werner http://seekingalpha.com/article/2878986-rolling-down-the-dividend-highway.

Article has some interesting facts about the industry, too.

 

They're a scumbag outfit and you creep me out with the ongoing obsession and analysis of a company you drove for 5 minutes. They treat their drivers like #### and pretend they're doing them a favor.