HEARTLAND EXPRESS, INC. (NASDAQ:HTLD) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.
On February 12, 2018, Heartland Express, Inc. announced its unaudited financial results for the quarter and year ended December 31, 2017.The press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 7.01.Regulation FD Disclosure.
In its upcoming Form 10-K filing, the Company expects to report the following deficiencies that management considers to be material weaknesses:
* Ineffective a) communication of objectives related to internal control, and b) development and documentation of internal controls impacting financial statement accounts and general controls over technology pertaining to user access and segregation of duties; and
* Ineffective assessment of changes that impact internal control, which contributed to ineffective controls over the allocation of the purchase price for Interstate Distributor Company to the assets acquired and liabilities assumed.
Item 9.01.Financial Statements and Exhibits
(d) Exhibits
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EXHIBIT |
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EXHIBIT DESCRIPTION |
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Heartland Express, Inc. press release dated February 12, 2018 with |
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respect to the Company's unaudited financial results for the quarter and year ended |
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December 31, 2017 |
The information contained in this report (including Items 2.02, 7.01, and 9.01) and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act:”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The information in this report and the exhibit hereto may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act.Such statements are made based on the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties.Actual results or events may differ from those anticipated by forward-looking statements.Please refer to the paragraph following the financial and operating information in the attached press release and various disclosures by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission for information concerning risk, uncertainties, and other factors that may affect future results.
HEARTLAND EXPRESS INC ExhibitEX-99.1 2 htld4q2017earningsrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1February 12,…To view the full exhibit click here
About HEARTLAND EXPRESS, INC. (NASDAQ:HTLD)
Heartland Express, Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa, Gordon Trucking, Inc., Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc. and A & M Express, Inc. It provides transportation services to shippers spanning from Washington to Florida and New England to California, as well as parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and offers temperature-controlled transportation services and non-asset based freight brokerage services. The Company, together with its subsidiaries, is a short-to-medium haul truckload carrier. The Company operates over 20 terminal facilities throughout the United States. Its tractors are equipped with mobile communication systems, which enable communication with drivers regarding freight and safety, and provide the ability to manage the needs of its customers based on real-time information on load status.
