North Liberty's Heartland Express buys Gordon Trucking - KWWL - Eastern Iowa Breaking News, Weather, Closings

North Liberty's Heartland Express buys Gordon Trucking

Posted: Updated:

Iowa's Heartland Express Inc. has announced its purchase of Pacific, Wash.-based Gordon Trucking Inc.

The Iowa City Press-Citizen says ( ) the deal announced Monday was valued at about $300 million.

Heartland, which is based in North Liberty, says the combined annual revenue of the two is $1 billion. Heartland President and CEO Michael Gerdin says Gordon Trucking is an "excellent fit" that will expand Heartland's geographic coverage and customer base.

Gordon Trucking founder Larry Gordon is joining Heartland's board of directors and will retire alongside his wife, Virginia.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KWWL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Sandy Youngblut at 319-291-1259. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at