Firming truckload capacity to drive a pricing rebound for Heartland in 2018.
Tesla unveiled its highly anticipated heavy-duty electric truck, Semi, on Nov. 16, and production will begin in 2019. CEO Elon Musk provided preliminary details, but information remains limited, including the sticker price. From a high-level view, Tesla claims Semi’s average cost per mile will be $1.26 compared with $1.51 for a traditional diesel truck; we take this to mean a fully laden Class 8 tractor-trailer combination. All in, including items like leasing and maintenance costs, the firm est...Heartland Express is a holding company. Through its subsidiaries, the company is engaged as a short-to-medium haul truckload carrier. The company primarily provides asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The company also provides temperature-controlled truckload services, which are not significant to its operations. The company operates terminal facilities throughout the contiguous United States in addition to its terminal and corporate headquarters in North Liberty, IA.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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