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Stock impact report

Large carrier M&A proves elusive in 2025 [Yahoo! Finance]

Heartland Express, Inc. (HTLD) 
Last heartland express, inc. earnings: 4/21 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: heartlandexpress.com/investors
Company Research Source: Yahoo! Finance
There were several small and midsize deals across trucking and logistics this year, however, not many transactions involving large asset-based carriers. Serial acquirers like Heartland Express ( NASDAQ: HTLD ) and Werner Enterprises ( NASDAQ: WERN ) are struggling to stabilize operations as the freight market navigates a fourth straight year of weak demand. TFI International ( NYSE: TFII ) is still working to get a handle on its U.S. less-than-truckload operation, TForce, as the five-year anniversary of the UPS Freight acquisition approaches. Bigger deals will likely return in 2026 as trade headwinds ease, freight volumes stabilize and interest rates step lower. Recent belt tightening among carriers could amplify cash flow generation in a recovery scenario, creating a more vibrant M&A backdrop in the new year. Schneider National ( NYSE: SNDR ) does a large deal every 12 to 18 months, which puts it on track for something of size by summer 2026. (It acquired Cowan Systems for $390 Show less Read more
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