Werner Enterprises

Werner Enterprises, Inc. engages in the provision of logistics services. It operates through the Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment consists of one-way truckload and specialized services units such as the medium-to-long haul van fleet which provides a consumer non durable products and commodities in truckload quantities. The Werner Logistics segment provides non-trucking services to customers such as truck brokerages which uses contracted carriers to complete customer shipments. The company was founded by Clarence L. Werner in 1956 and is headquartered in Omaha, NE.

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Werner Enterprises reports record earnings, eyes growth amid market challenges

Werner Enterprises showcased strong financial performance in 2022, driven by record earnings and revenue growth.
Challenges in One-Way Truckload and Logistics segments were offset by the success of the Dedicated fleet.
The company's strategic acquisitions and focus on sustainability position it well for future growth.
Werner's commitment to safety, ESG initiatives, and operational excellence underpin its confidence for the year ahead.

Werner Enterprises reports mixed Q1 results, eyes growth opportunities

Werner Enterprises navigated challenging Q1 freight conditions with a focus on the dedicated fleet. Despite higher expenses impacting earnings, the company saw revenue growth and operational improvements.
While facing challenges in certain segments, opportunities exist for rate improvements, growth in Mexico cross-border business, and enhanced driver satisfaction. The company remains committed to excellence and financial performance.
With a new CFO onboard and strategic acquisitions, Werner is poised for growth and resilience. Optimism for a stronger second half of 2023 and a bullish outlook on key business areas signal a positive trajectory.

Werner Enterprises reports Q2 revenue challenges but focuses on growth

Werner Enterprises faced revenue challenges but showed growth in key segments. The company is focused on cost control, efficiency, and margin improvement.
Optimism surrounds growth in logistics and digital offerings to reduce operating costs. Challenges include margin pressures and headwinds in certain segments.
Opportunities lie in improving market conditions, productivity gains, and cost-saving initiatives. Werner is navigating post-COVID recovery with a focus on operational execution.

Werner Enterprises faces Q3 challenges but eyes growth opportunities

Werner Enterprises navigated a tough Q3 with below-expectation results but remains optimistic about future benefits from cost-saving initiatives and tech investments. The company's focus on technology innovation, commitment to strategic reinvestment, and positive outlook on Dedicated services provide a strong foundation for growth. Challenges in pricing and margin pressure require careful management, but opportunities in strategic pricing adjustments and customer expansion offer avenues for improvement.

Werner Enterprises reports Q4 2023 earnings, eyes margin expansion

Werner Enterprises navigated a challenging 2023 with strategic cost savings and structural improvements. The company aims for margin expansion and operational efficiency in 2024, focusing on growth and capital allocation priorities.

Werner Enterprises tackles market challenges with resilience and strategic focus

Werner Enterprises navigated a tough Q1 with a focus on resilience, cost management, and operational excellence amidst challenging freight market conditions.
The company's strategic initiatives, including fleet modernization and margin guidance, aim to drive growth and capitalize on upcoming market dynamics.
Despite challenges, Werner remains committed to operational improvements, expense management, and strategic investments for future success.

Werner Enterprises reports improved Q2 earnings and strategic growth focus

Werner Enterprises' Q2 performance showed resilience amidst industry headwinds, with a focus on cost control and operational efficiency. While facing revenue challenges, the company remains committed to strategic growth initiatives and shareholder value creation.

Werner Enterprises faces Q3 challenges but positions for future growth

Werner Enterprises navigated challenges in Q3 with a focus on operational improvements and cost-saving initiatives while maintaining customer loyalty and driving growth.
Despite revenue declines, the company's strategic investments and focus on efficiency position it for future success and value creation in a challenging industry environment.
Acknowledgment of associates' dedication, emphasis on sustainable cost cutting, and leveraging operational strengths underscore Werner's commitment to resilience and growth.

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Transportation and logistics provider Werner Enterprises (NASDAQ: WERN) announced Thursday after the market close that it had acquired an 80% equity stake in ECM Transport Group for $142.4 million. The Omaha, Nebraska-based carrier has the option to purchase the remaining 20% of ECM after five years.

Werner acquires regional carriers in $142M deal with ECM Transport Group

OMAHA, Neb., July 01, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation's largest transportation and logistics companies, today announced it has signed a definitive agreement and closed on the acquisition of an 80% equity ownership stake in ECM Transport Group (“ECM”) for a purchase price of $142.4 million and retains an exclusive option to buy the remaining 20% of ECM Transport Group after a period of five years. With 2020 revenues of $108 million, ECM consists of ECM Transport and Motor Carrier Services of Pennsylvania who are elite regional truckload carriers that operate nearly 500 trucks and 2,000 trailers in their network of 8 terminals and 18 drop yard facilities.

Werner Enterprises Acquires Elite Regional Truckload Carriers ECM Transport Group

OMAHA, Neb., June 24, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation's largest transportation and logistics companies, will release its second quarter 2021 earnings on Thursday, July 29, 2021, after the market close. The company will also hold a conference call to discuss the second quarter 2021 and updated 2021 outlook on the same day, beginning at 4:00 p.m. CT.

Werner Enterprises to Announce Second Quarter 2021 Earnings and Host Earnings Call on July 29, 2021

Werner (WERN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Werner (WERN): Strong Industry, Solid Earnings Estimate Revisions

Premier Transportation and Logistics Provider Recognized for its Innovative Carrier Platform Premier Transportation and Logistics Provider Recognized for its Innovative Carrier Platform

Werner Enterprises' Carrier's EDGE™ Selected as Supply & Demand Chain Executive's 2021 Top Supply Chain Projects Award Recipient

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Premiere Transportation and Logistics Provider Adds Service Communications and Fleet Management Platform to Deliver Time-Savings and Reduce Manual Data Entry

Werner Integrates With Navistar 360 to Enhance Professional Driver Experience

OMAHA, Neb., May 14, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation's largest transportation and logistics companies, announced participation in the following investment virtual teleconferences.

Werner Enterprises to Participate in Three Investment Virtual Teleconferences

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Transportation and logistics provider Werner Enterprises (NASDAQ: WERN) announced Tuesday after the market close that its board has approved a planned transition in leadership. The company's founder and former chairman, Clarence L.

Leathers named chairman at Werner; CL Werner is chairman emeritus

OMAHA, Neb., May 11, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced that its Board of Directors (the “Board”) approved today the planned transition in board leadership.

Werner Enterprises Announces Completion of Planned Transition of Board Leadership

OMAHA, Neb., May 06, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to be recognized as a 2020 Walmart Carrier of the Year.

Werner Recognized as a 2020 Walmart Carrier of the Year

Low operating expenses and logistics revenue growth drive Werner's (WERN) March-end financials.

Werner's (WERN) Q1 Earnings Top Estimates, Increase 70% Y/Y

Werner Enterprises, Inc.'s (WERN) CEO Derek Leathers on Q1 2021 Results - Earnings Call Transcript

Werner Enterprises (NASDAQ: WERN) reported first-quarter adjusted earnings of 68 cents per share after the close Wednesday, 5 cents ahead of the consensus estimate and 28 cents better than the year-ago quarter. An increase in the tax rate compared to the 2020 period was a 2-cent-per-share headwind, which was more than offset by lower insurance expense and higher gains on sale.

Werner raises rate-per-mile guidance

First Quarter 2021 Highlights (all metrics compared to first quarter 2020)

Werner Enterprises Reports First Quarter 2021 Results

OMAHA, Neb., April 09, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to announce its participation in the newly formed Hyliion Hypertruck Innovation Council with Hyliion Holdings Corp. to encourage industry collaboration and advance product innovation. Werner's Senior Vice President of Van/Expedited Chad Dittberner will be a member of Hyliion's Hypertruck Innovation Council.

Werner Enterprises Announces Collaboration With Hyliion Holdings Corp.

SAN FRANCISCO, April 8, 2021 /PRNewswire/ -- Embark, a leading developer of autonomous technology for the trucking industry, launches its Partner Development Program with Werner Enterprises, Mesilla Valley Transportation, and Bison Transport. The program brings Embark and leading carriers together to work on autonomous trucking technology that will improve speed and reliability for customers, as well as safety and work-flexibility for professional truck drivers.

Embark Launches Partner Development Program to Bring Embark Driver to Market

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OMAHA, Neb., March 26, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to kick off its Driver Appreciation Spring Celebration from March 29 through April 9. Each year, Werner hosts unique appreciation events for professional drivers in the spring in addition to National Truck Driver Appreciation Week in the fall.

Werner Commemorates Annual Driver Appreciation Spring Celebration

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OMAHA, Neb., March 16, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is honored to announce that the Commercial Vehicle Safety Alliance (CVSA) has selected Werner professional driver Allen Parker as the winner of the 2021 International Driver Excellence Award (IDEA).

News for Werner Enterprises Stock (WERN)