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Heartland Express Announces Millis Transfer President’s Retirement

Story Highlights
  • Heartland Express trucking subsidiary chief David P. Millis will retire as Millis Transfer president on April 24, 2026.
  • Millis will remain on Heartland’s board, receiving retirement compensation and shifting to standard non-employee director pay.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Heartland Express Announces Millis Transfer President’s Retirement

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Heartland Express ( (HTLD) ) has issued an update.

On April 16, 2026, Heartland Express director and Millis Transfer President David P. Millis notified the company that he will retire from his role as president effective April 24, 2026, though he will remain on the board. In connection with his retirement from Millis Transfer, Millis is slated to receive $66,766 in compensation and insurance benefits plus 4,866 shares of common stock, and thereafter will be compensated as a non-employee director in line with Heartland’s standard board pay structure.

The most recent analyst rating on (HTLD) stock is a Sell with a $10.00 price target. To see the full list of analyst forecasts on Heartland Express stock, see the HTLD Stock Forecast page.

Spark’s Take on HTLD Stock

According to Spark, TipRanks’ AI Analyst, HTLD is a Neutral.

The score is held back primarily by deteriorating financial performance (losses, falling revenue, and compressed margins) and weak technical momentum (below key moving averages with negative MACD). Balance sheet deleveraging and continued dividends provide some support, but negative/volatile free cash flow and a negative P/E keep the overall profile below average.

To see Spark’s full report on HTLD stock, click here.

More about Heartland Express

Heartland Express, Inc. is a U.S. trucking and transportation company that provides over-the-road freight services through its operating subsidiaries, including Millis Transfer. The company focuses on truckload services for shippers across key domestic freight lanes, competing in a highly fragmented and cost-sensitive logistics market.

Average Trading Volume: 485,807

Technical Sentiment Signal: Hold

Current Market Cap: $912.4M

Find detailed analytics on HTLD stock on TipRanks’ Stock Analysis page.

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