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, has been named No. 3 on the Top 10 Military Friendly® Company list by Military Friendly®, a national organization supporting the U.S. military and its veterans. This award recognizes Werner's hiring, recruitment, training and development efforts for veterans and their families.

Werner Earns 2023 Military Friendly® Company Designation

Transportation and logistics provider Werner Enterprises announced Thursday that Christopher Wikoff has been appointed chief financial officer. Wikoff will succeed longtime CFO John Steele on April 18.

Werner names new CFO

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, announced today that its Board of Directors appointed Christopher D. Wikoff to serve as Executive Vice President, Treasurer and Chief Financial Officer (“CFO”) effective April 18, 2023. Mr. Wikoff succeeds John J. Steele, who announced his retirement plans last August. Mr.

Werner Enterprises Names Chris Wikoff as Chief Financial Officer

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, was named one of America's Greatest Workplaces 2023 for Diversity by Newsweek. After reviewing more than 350,000 companies during the selection process, the inaugural list recognizes the top 1,000 companies in the U.S. making strides in supporting a diverse workforce.

Werner Named to Newsweek's America's Greatest Workplaces 2023 for Diversity List

Werner Enterprises (WERN) fourth-quarter 2022 revenues benefit from solid growth across both of its segments -Truckload Transportation Services and Logistics.

Werner Enterprises (WERN) Q4 Earnings, Revenues Top Estimates

Werner Enterprises, Inc. (NASDAQ:WERN ) Q4 2022 Results Conference Call February 7, 2023 5:00 PM ET Company Participants Chris Neil - Senior Vice President of Pricing and Strategic Planning Derek Leathers - Chairman, President and Chief Executive Officer John Steele - Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Jason Seidl - Cowen Securities Scott Group - Wolfe Research Jack Atkins - Stephens Ken Hoexter - Bank of America Tom Wadewitz - UBS Todd Fowler - KeyBanc Capital Markets Jon Chappell - Evercore ISI Bert Subin - Stifel Brian Ossenbeck - JPMorgan Operator Good afternoon, and welcome to the Werner Enterprises Fourth Quarter and Annual 2022 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions].

Werner Enterprises, Inc. (WERN) Q4 2022 Earnings Call Transcript

Like other carriers that have reported fourth-quarter results, Werner Enterprises expects to see a better freight market by the back half of 2023. The company's outlook calls for a “relatively muted economic backdrop,” but management believes that as customers work through excess inventories and truck capacity continues to leave the market, truckload fundamentals will firm.

Werner's Q4 beats, 2023 guidance has some hurdles

Werner (WERN) delivered earnings and revenue surprises of 7.61% and 2.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Werner Enterprises (WERN) Q4 Earnings and Revenues Surpass Estimates

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the fourth quarter and year ended December 31, 2022. “We made significant progress executing our strategy in 2022, and also closed on two additive acquisitions in fourth quarter.

Werner Enterprises Reports Fourth Quarter and Annual 2022 Results

Werner Enterprises may not have seen much appreciation over the past year or so, but the company is outpacing the market handily. This outperformance has been driven by improved fundamental data, with sales, profits, and cash flows all rising nicely.

Werner Enterprises: Still A Decent Play

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OMAHA, Neb.--( BUSINESS WIRE )--Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, will release its fourth quarter and full year earnings on Tuesday, February 7, 2023, after the market close. The company will also hold a conference call to discuss the fourth quarter and full year 2022 results and 2023 outlook on the same day, beginning at 4:00 p.m. CT.

Werner Enterprises to Announce Fourth Quarter and Full Year 2022 Earnings and Host Earnings Call on February 7, 2023

Werner (WERN) benefits from strength across the Truckload Transportation Services (TTS) and Logistics segments. Rising operating expenses are likely to weigh on the bottom line.

Werner (WERN) Gains From Segmental Growth Despite Expenses

OMAHA, Neb.--( BUSINESS WIRE )--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, announced its inclusion as a 2022 Top Green Fleet by Heavy Duty Trucking.

Werner Named a 2022 Top Green Fleet by Heavy Duty Trucking

Samsara

SAN FRANCISCO--( BUSINESS WIRE )--Samsara Inc. ("Samsara") (NYSE: IOT) today announced that the Samsara Connected Operations Cloud was selected by Werner Enterprises (Nasdaq: WERN), one of the nation's largest transportation and logistics companies. Werner leverages Samsara to improve the safety and experience of drivers across its fleet and reduce costs.

Werner Enterprises Selects Samsara's Connected Operations Cloud to Strengthen Safety and Driver Experience

OMAHA, Neb.--( BUSINESS WIRE )--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, announced its implementation of Salesforce's Net Zero Cloud in combination with Workiva's reporting platform to manage and measure its Environmental, Social and Governance (ESG) data at a level of granularity previously not possible. This combined system will support Werner as it aims to achieve key ESG goals, including a 55 percent greenhouse gas emissions reduction by 2035.

Werner Announces Technology Engagement With Salesforce and Workiva to Accelerate ESG Data Capture and SEC Reporting

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

Werner (WERN) Up 18.1% Since Last Earnings Report: Can It Continue?

OMAHA, Neb., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced its recognition as a 2022 “Top Food Chain Provider” by Food Chain Digest, the official magazine of Food Shippers of America (FSA).

Werner Enterprises Named a 2022 Top Food Chain Provider by Food Chain Digest

OMAHA, Neb., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, proudly announced Rita Runge, Werner's Regional Manager for Mexico & Temperature-Controlled Units, was selected as a recipient of Heavy Duty Trucking's Emerging Leaders award for 2022.

Heavy Duty Trucking Names Werner Enterprises Associate a 2022 Emerging Leaders Winner

OMAHA, Neb., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to be named among the 2022 “Top Companies for Women to Work For in Transportation” by the Women in Trucking (WIT) Association's Redefining the Road magazine. This is the fifth consecutive year Werner has earned this recognition.

Werner Enterprises Named a 2022 Top Company for Women

OMAHA, Neb., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, proudly earned two prestigious Military Friendly® designations for 2023. Werner was honored to be recognized as No. 1 on the Top 10 Military Friendly® Spouse Employer list and No. 4 on the Top 10 Military Friendly® Employer list. These serve as Werner's highest rankings ever received in these categories.

Werner Enterprises Receives 2023 Military Friendly® Designations

Werner Enterprises (WERN) third-quarter 2022 revenues benefit from solid growth across both of its segments - Truckload Transportation Services and Logistics.

Werner Enterprises (WERN) Stock Up 3% Since Q3 Earnings

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.

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