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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Earnings data Q4 2024

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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OMAHA, Neb., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation's largest transportation and logistics companies, announced today it has signed a definitive agreement and closed on the acquisition of 100% of the stock of Reed Transport Services, Inc. and RTS-TMS, Inc., doing business as ReedTMS Logistics (“ReedTMS”).

Werner Enterprises Expands and Diversifies its Logistics Capabilities with the Acquisition of ReedTMS Logistics

Werner Enterprises, Inc. (NASDAQ:WERN ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Chris Neil - Senior Vice President, Pricing and Strategic Planning Derek Leathers - Chairman, President and Chief Executive Officer John Steele - Chief Financial Officer Conference Call Participants Bert Subin - Stifel Brian Ossenbeck - JPMorgan Jack Atkins - Stephens Scott Group - Wolfe Research Todd Fowler - KeyBanc Capital Markets Jon Chappell - Evercore ISI Ken Hoexter - Bank of America Ari Rosa - Credit Suisse Amit Mehrotra - Deutsche Bank Operator Good afternoon and welcome to the Werner Enterprises Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Werner Enterprises, Inc. (WERN) Q3 2022 Earnings Call Transcript

Werner (WERN) delivered earnings and revenue surprises of -7.22% and 0.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Werner Enterprises (WERN) Q3 Earnings Miss Estimates

Third Quarter 2022 Highlights (all metrics compared to third quarter 2021)

Werner Enterprises Reports Third Quarter 2022 Results

Werner (WERN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Werner Enterprises (WERN) Earnings Expected to Grow: Should You Buy?

The association between Werner (WERN) and Kodiak Robotics commenced in August 2022 via a week-long pilot program.

Werner (WERN) Enters Into an Agreement With Kodiak Robotics

Werner Enterprises announced Monday the acquisition of Indiana-based truckload carrier Baylor Trucking. Financial terms of the transaction were not provided but a news release outlining the deal showed Baylor generated $81.5 million in revenue for the 12 months ended Aug. 31.

Werner acquires Baylor Trucking in latest deal

OMAHA, Neb., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation's largest transportation and logistics companies, announced today it has signed a definitive agreement and closed on the acquisition of FAB9, Inc., doing business as Baylor Trucking, Inc. (“Baylor”). Founded in 1946, Baylor is an award-winning and premier truckload carrier that operates 200 trucks and 980 trailers in the east central and south central U.S., with their network of two terminals.

Werner Enterprises Acquires Premier Truckload Carrier Baylor Trucking, Inc.

Werner Enterprises and Kodiak Robotics Collaborate to Run 24/7 Long-Haul Autonomous Freight Operations

OMAHA, Neb., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, will release its third quarter earnings on Wednesday, November 2, 2022, after the market close. The company will also hold a conference call to discuss the third quarter 2022 results and updated 2022 outlook on the same day, beginning at 4:00 p.m. CT.

Werner Enterprises to Announce Third Quarter 2022 Earnings and Host Earnings Call on November 2, 2022

OMAHA, Neb., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, today announces that Carolyn Barker, Associate Vice President (AVP) of Data Management, Insights and Applications Support, was selected as a recipient of Supply & Demand Chain Executive's Women in Supply Chain award for 2022.

Supply & Demand Chain Executive Names Werner Enterprises Associate a 2022 Women in Supply Chain Winner

OMAHA, Neb., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, proudly announces the publication of its Corporate Social Responsibility (CSR) Update Report as part of its Environmental, Social and Governance (ESG) efforts.

Werner Enterprises Releases CSR Update Report

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Heads of trucking companies remain constructive on peak season and contractual rates all the while acknowledging the macroeconomic environment has clearly slowed over the last several weeks. After nearly two years of operating in peak-like conditions every day, management teams appear to be embracing the opportunity to operate in a more normalized freight environment.

Carriers weigh in on peak season and contract rates

OMAHA, Neb., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, looks forward to celebrating its professional drivers in September in honor of National Truck Driver Appreciation Week.

Werner Enterprises Celebrates National Truck Driver Appreciation Week

Cummins

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), a global power solutions provider, announced today Werner signed a letter of intent to purchase 500 Cummins' 15-liter hydrogen internal combustion engines upon availability. The two companies announced earlier this year, Werner Enterprises plans to validate and integrate Cummins'15-liter natural gas and Cummins' X15H hydrogen engines, both part of Cummi

Werner Enterprises Signs Letter of Intent Planning to Secure 500 X15H Engines from Cummins

Werner (WERN) reported earnings 30 days ago. What's next for the stock?

Werner (WERN) Down 3.5% Since Last Earnings Report: Can It Rebound?

OMAHA, Neb., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is proud to be recognized as a Top 10 Third-Party Logistics Provider by Inbound Logistics for the sixth consecutive year. Competing against thousands of industry professionals in the magazine's annual Excellence Survey, Werner was voted number six overall.

Werner Logistics Recognized for Sixth Consecutive Year as a Top 10 3PL Provider

Werner Enterprises (WERN) second-quarter 2022 earnings and revenues increase year over year.

Werner Enterprises (WERN) Stock Down 3.5% on Q2 Earnings Miss

Start Time: 17:00 January 1, 0000 6:03 PM ET Werner Enterprises, Inc. (NASDAQ:WERN ) Q2 2022 Earnings Conference Call August 03, 2022, 17:00 PM ET Company Participants Derek Leathers - Chairman, President and CEO John Steele - EVP, Treasurer and CFO Conference Call Participants Jack Atkins - Stephens Christian Wetherbee - Citigroup Scott Group - Wolfe Research Ravi Shanker - Morgan Stanley Jeff Kauffman - Vertical Research Partners Ken Hoexter - Bank of America Ari Rosa - Credit Suisse Jason Seidl - Cowen Michael Triano - UBS Operator Good afternoon, and welcome to the Werner Enterprises Second Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Werner Enterprises, Inc. (WERN) CEO Derek Leathers on Q2 2022 Results - Earnings Call Transcript

OMAHA, Neb., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, announced participation in the following investment conferences.

Werner Enterprises to Participate in Two Virtual Investment Conferences

Strong freight rates helped carrier Werner Enterprises achieve its eighth consecutive quarter of record quarterly earnings per share and contributed to a 29% jump in total revenue to $836 million.  Werner (NASDAQ: WERN) reported second quarter adjusted earnings per share of 87 cents, a 1% increase over the same period in 2021.

Werner Q2 revenue rises to $836M on strong freight demand

John Steele to retire as EVP, Treasurer and CFO Candidate search launched to identify successor

Werner Enterprises announces CFO Retirement and Succession Plan

Second Quarter 2022 Highlights (all metrics compared to second quarter 2021)

News for Werner Enterprises Stock (WERN)