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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Is Werner Enterprises (WERN) a great pick from the value investor's perspective right now? Read on to know more.

Is Werner Enterprises (WERN) a Good Pick for Value Investors?

Werner Enterprises has performed well recently, both fundamentally and from a share price perspective. However, performance for the latter has trailed the broader market.

Werner Enterprises: Shares Offer Further Upside

OMAHA, Neb., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises  (Nasdaq: WERN), a premier transportation and logistics provider, recently earned several prestigious awards, including the Quest for Quality Award (from Logistics Management); Top 10 Third-Party Logistics Provider (from Inbound Logistics); and, 2021 Top 3PL & Cold Storage Provider (from Food Logistics).

Werner Enterprises Recognized With Numerous Awards, Including Quest for Quality

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WERN vs. LSTR: Which Stock Should Value Investors Buy Now?

Werner Enterprises is banking on a commercial learner's permit (CPL) exemption not only to boost operational productivity but to help the company get its drivers employed faster. In an application filed with the Federal Motor Carrier Safety Administration in July, the Omaha, Nebraska-based truckload carrier asserted current federal regulations are keeping it from immediately employing new drivers because drivers are no longer issued a temporary CDL after passing the CDL skills test.

Werner: Exemption will get drivers employed faster amid ‘historic driver shortage'

OMAHA, Neb., Aug. 13, 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 Two Investment Virtual Teleconferences

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OMAHA, Neb., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is excited to announce it's surpassed 2,000 professional drivers who have accomplished the elite safety milestone of driving one million accident-free miles.

Werner Surpasses 2,000 Drivers Who Have Accomplished One Million Accident-Free Miles

Growth in Truckload Transportation Services revenues and Logistics revenues aid Werner's (WERN) Q2 top line.

Werner's (WERN) Q2 Earnings Meet Estimates, Stock Down 2.3%

A nuclear verdict handed down against Werner Enterprises in 2018 has set off a dispute within a Texas appellate court as the truckload carrier appeals the more than $90 million award. There is no immediate impact from the decision of the Texas 14th Court of Appeals that Werner's (NASDAQ: WERN) appeal should be heard en banc, which would be a larger panel than the three-judge panel of the same court that originally heard the appeal but never published its ruling.

$92M Werner verdict from 2018 becomes a hot potato on appeal

Werner Enterprises, Inc. (WERN) CEO Derek Leathers on Q2 2021 Results - Earnings Call Transcript

Werner (WERN) delivered earnings and revenue surprises of 0.00% and 1.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Werner Enterprises (WERN) Q2 Earnings Match Estimates

Werner Enterprises posted second-quarter adjusted earnings of 86 cents per share after the close, in line with consensus estimates and 20 cents better than the year-ago quarter. Total revenue increased 14% year-over-year to $649.8 million for the quarter, boosted by Werner's logistics unit, which increased 29% to $141.6 million.

Werner reports Q2 revenue of $650M, up 14% year-over-year

Second Quarter 2021 Highlights (all metrics compared to second quarter 2020)

Werner Enterprises Reports Record Second Quarter 2021 Results

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Milestone achievement underscores Werner's commitment to ESG leadership

Werner Enterprises Releases Inaugural CSR Report

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OMAHA, Neb., July 12, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is pleased to announce the opening of its new Lehigh Valley, Pennsylvania terminal.

Werner Enterprises Opens New Lehigh Valley Terminal

Premiere Transportation and Logistics Provider Adds Drive Werner Pro to its Product Suite to Make Professional Drivers' Jobs Easier Premiere Transportation and Logistics Provider Adds Drive Werner Pro to its Product Suite to Make Professional Drivers' Jobs Easier

Werner Continues to Drive Innovation With New Drive Werner Pro App for Drivers

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Werner's (WERN) acquisition of ECM expands its footprint in the strategic Mid-Atlantic, Ohio and Northeast regions, while increasing its fleet size by more than 6%.

Werner (WERN) Acquires 80% Interest in ECM Transport Group

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.

News for Werner Enterprises Stock (WERN)