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Company:
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HEARTLAND EXPRESS INC (HTLD)
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Form Type:
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10-Q
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Filing Date:
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8/7/2009
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CIK:
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0000799233
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Address:
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901 NORTH KANSAS AVENUE
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City, State, Zip:
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NORTH LIBERTY, Iowa 52317
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Telephone:
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(319) 626-3600
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$13.87
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Change:
0.29 (2.14%)
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Trade Time:
Feb 09
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Market Cap:
$1.26B
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Description of Business
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Heartland Express, Inc. ("Heartland" or the "Company") is a short-to-medium
haul truckload carrier with corporate headquarters in North Liberty, Iowa and
operating regional terminal locations in eight states outside of Iowa. The
Company provides regional dry van truckload services from its eight regional
operating centers plus its corporate headquarters. The Company transports
freight for major shippers and generally earns revenue based on the number of
miles per load delivered. The Company's primary traffic lanes are between
customer locations east of the Rocky Mountains. In the second quarter of 2005,
the Company expanded to the Western United States with the opening of a terminal
in Phoenix, Arizona. The keys to maintaining a high level of service are the
availability of late-model equipment and experienced drivers.
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