Heartland Express, Inc. has announced its financial results for the first quarter ending March 31, 2025. The company reported operating revenue of $219.4 million, a decrease from the $270.3 million reported in the same period last year. The company experienced a net loss of $13.9 million for the quarter. Chief Executive Officer Mike Gerdin attributed the performance to adverse weather conditions in January and February, tariff uncertainties affecting customers in March, and ongoing industry challenges where operating cost inflation surpassed customer freight demand and freight rate improvements. It was noted that the Heartland Express brand remained profitable, although it did not achieve the expected operating ratio and financial results seen in prior periods. The other operating brands, including Millis Transfer, Smith Transport, and Contract Freighter's, Inc. $(CFI)$, faced challenges with under-utilization. Despite these issues, Heartland Express continues to be considered among the top full truckload carriers in the industry.
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