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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OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is proud to be recognized as a Top 10 Third-Party Logistics Provider (3PL) by Inbound Logistics for the seventh consecutive year. Werner was voted number six on the Top 10 list among thousands of industry professionals in the magazine's annual Excellence Survey. “Receiving this honor from Inbound Logistics for the seventh year in a row and the vote of confidence from our customers a.

Werner Voted a Top 10 3PL Provider for Seventh Consecutive Year

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, proudly hosted its annual Transportation Forum on July 16-17, with more than 300 attendees including valued customers and key suppliers. The event featured discussions surrounding current industry topics, where panelists shared relevant insights and future outlooks. Werner's Chairman, President and CEO, Derek Leathers, provided industry thoughts during the Forum and announced Werner.

Werner Announces New Digital Freight Platform, Werner Bridge

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Rising operating expenses are hurting Zacks Transportation-Truck industry's prospects. However, stocks like JBHT, KNX and WERN appear better positioned to escape the industry challenges.

3 Trucking Stocks to Keep Tabs on Amid Industry Challenges

Werner Enterprises Inc, a transportation and logistics company, has seen a drop in EPS by 32% due to unfavorable macroeconomic conditions, despite an 8% YoY increase in revenues. The company's valuation stands at an FWD P/E of around 16, close to the sector's 17, leading to a hold rating pending a clearer picture of demand and margin retention in the coming quarters. Despite challenges such as economic activity fluctuations and fuel price volatility, WERN has seen steady growth and improved financials, with a 20% increase in cash position and manageable debt levels.

Werner Enterprises: A Difficult Industry To Be In Right Now

Werner's (WERN) efforts to reward shareholders look encouraging. However, rising operating expenses are concerning, as they are likely to keep the bottom line under pressure.

Werner (WERN) Rides on Dividends & Buybacks Despite Expenses

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, will release its second quarter earnings on Thursday, August 3, 2023, after the market close. The company will also hold a conference call to discuss the second quarter 2023 results and updated 2023 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.wer.

Werner Enterprises to Announce Second Quarter 2023 Earnings and Host Earnings Call on August 3, 2023

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, announces its inclusion as a Top 3PL and Cold Storage Provider by Food Logistics, which distinguishes leading third-party logistics and cold storage providers in the refrigerated food and beverage industry. ReedTMS Logistics, acquired by Werner in November of 2022, also proudly received this designation. “We are honored to have the Werner and ReedTMS teams both recognized by Food Lo.

Werner Named a Top 3PL and Cold Storage Provider by Food Logistics

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is proud to be named a 2023 Green Supply Chain Partner by Inbound Logistics for the 11th consecutive year. This annual list recognizes 75 companies going above and beyond to prioritize green initiatives and help global supply chains become more sustainable. “This recognition from Inbound Logistics highlights our steadfast commitment to sustainability and we are proud to be included.

Werner Earns 2023 Green Supply Chain Partner Designation

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, announced its inclusion as a 2023 Top Green Fleet by Heavy Duty Trucking. The recognition highlights Werner's commitment to reducing its carbon emissions by innovating its operations, fleet and technology. "We are honored to be included among this list of companies addressing and finding solutions combating the transportation industry's carbon impacts,” said Senior Vice President of.

Werner Named a 2023 Top Green Fleet by Heavy Duty Trucking

Truckload carrier Werner Enterprises has lost a key round in the appeal of a jury decision that saddled it with a now more than $100 million judgment as a result of a 2014 accident that resulted in the death of a child and serious injuries to family members. In a split en banc decision by Texas' 14th Court of Appeals issued last week, the judges backed the decision handed down in Harris County in mid-May 2018.

Texas appeals court upholds $100M judgment against Werner

Werner (WERN) has a solid dividend growth track record over the past five years.

Werner (WERN) Rewards Shareholders With 7.7% Dividend Hike

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share, an 8% increase over the previous quarterly dividend rate of $0.13 (thirteen cents) per common share. This dividend will be paid on July 19, 2023, to stockholders of record at the close of business on July 3, 2023. Werner Enterpri.

Werner Enterprises Increases Quarterly Dividend

Werner's (WERN) first-quarter 2023 earnings fall year over year, while revenues surge.

Werner (WERN) Q1 Earnings Miss Estimates, Revenues Beat

Werner Enterprises, Inc. (NASDAQ:WERN ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Chris Neil - Senior Vice President, Pricing & Strategic Planning Derek Leathers - Chairman President & Chief Executive Officer Chris Wikoff - Newly Appointed Chief Financial Officer John Steele - Retiring Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Scott Group - Wolfe Research Mike Triano - UBS Ken Hoexter - Bank of America Rob Salmon - Citigroup Jon Chappell - Evercore Bert Subin - Stifel Operator Good afternoon, and welcome to the Werner Enterprises' First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions].

Werner Enterprises, Inc. (WERN) Q1 2023 Earnings Call Transcript

Werner Enterprises (WERN) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.96 per share a year ago.

Werner Enterprises (WERN) Lags Q1 Earnings Estimates

Werner Enterprises on Wednesday reported first-quarter revenue of $832.7 million, a 9% year over year (y/y) increase compared to the same quarter in 2022. The Omaha, Nebraska-based carrier had first-quarter adjusted earnings per share of 60 cents, about 11 cents lower than the consensus estimate and a 37% y/y decrease compared to the same year-ago quarter.

Werner misses Q1 earnings estimate, sees spot market hitting bottom in Q2

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the first quarter ended March 31, 2023. “While macroeconomic conditions and continued softness in the freight market were increasingly challenging in the first quarter, we achieved our third highest revenue quarter driven by revenue per truck increases in our Dedicated business and our growing Logistics business,” said Derek J. Leathers, Chairman, Pr.

Werner Enterprises Reports First Quarter 2023 Results

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, proudly announces its designation as a VETS Indexes 4 Star Employer in the 2023 VETS Indexes Employer Awards for the third consecutive year. The award recognizes Werner's commitment to recruiting, hiring, retaining, developing and supporting veterans and the military-connected community. “We have deep respect and honor for our nation's heroes and strive to provide them with the best.

Werner Enterprises Honored as a 2023 VETS Indexes 4 Star Employer

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is pleased to announce its first two Freightliner eCascadia battery electric vehicles, (BEVs), are officially transporting freight in Southern California. These trucks have zero tailpipe emissions and significant potential to reduce Werner's carbon footprint. “Working toward our sustainability goal of a 55 percent reduction in carbon emissions by 2035, we've done extensive research.

Werner Incorporates First Battery Electric Vehicles Into Southern California Fleet

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.

Analysts Estimate Werner Enterprises (WERN) to Report a Decline in Earnings: What to Look Out for

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is excited to enhance its sustainability efforts through testing and validating the 2023 X15N Cummins natural gas engine in its fleet. Werner is one of the few carriers that have started testing the newest engine technology with natural gas, with a goal to achieve a 55 percent reduction in carbon emissions by 2035. “As a top five truckload carrier in North America, we are committed.

Werner Among First Group of Carriers to Test Renewable Natural Gas Through Cummins Engines

Improving freight market conditions boost Werner (WERN). However, high debt levels are worrisome.

Here's Why You Should Retain Werner (WERN) in Portfolio Now

Werner: Risky, But M&A And Automated Tracking Could Imply Undervaluation

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, will release its first quarter earnings on Wednesday, May 3, 2023, after the market close. The company will also hold a conference call to discuss the first quarter 2023 results and updated 2023 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.

Werner Enterprises to Announce First Quarter 2023 Earnings and Host Earnings Call on May 3, 2023

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to announce Julia Hoult, Senior Director of Logistics, was selected as a Supply & Demand Chain Executive's 2023 Pros to Know award recipient. This annual award recognizes outstanding leaders whose accomplishments offer a roadmap for others looking to leverage the supply chain for competitive advantage.

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