HEARTLAND EXPRESS INC

Heartland Express, Inc. is a holding company that, along with its subsidiaries, operates as a short, medium, and long-haul truckload carrier and transportation services provider. The company primarily offers nationwide asset-based dry van truckload service for major shippers across the United States. It also provides cross-border freight and other transportation services through third-party partnerships in Mexico. The consolidated average length of haul for Heartland Express is under 400 miles. The company focuses on delivering high-quality service to specific customers with a high density of freight in its operating areas. Additionally, Heartland Express offers truckload temperature-controlled transportation services and Mexico logistics services, though these are not significant to its consolidated operations. Revenue is generally earned based on the number of miles per load delivered and the revenue per mile or per load paid. Heartland Express operates its consolidated operations under the brand names of Heartland Express, Millis Transfer, Smith Transport, and CFI (for services within Mexico). The company directly or indirectly owns all the stock of legal entities including Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC, Millis Transfer, LLC, Smith Transport, LLC, and certain Mexican entities. Effective December 31, 2025, U.S. operations of Contract Freighters, Inc. ("CFI") were integrated and rebranded into Heartland Express. Franklin Logistics, LLC merged into Smith Transport, LLC effective December 31, 2024. Effective December 31, 2023, Smith Trucking, Inc. merged into Smith Transport, Inc., and Smith Transport, Inc. and Franklin Logistics, Inc. were converted to Smith Transport, LLC and Franklin Logistics, LLC, respectively.