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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Nunu Dueman recognized for driving innovation in the transportation industry Nunu Dueman recognized for driving innovation in the transportation industry

Werner Enterprises Associate Named as a Heavy Duty Trucking's 2021 Emerging Leaders Winner

OMAHA, Neb., Dec. 29, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN), a premier transportation and logistics provider, will release its fourth quarter and full year 2021 earnings on Thursday, February 3, 2022, after the market close. The company will also hold a conference call to discuss the fourth quarter and full year 2021 results and 2022 outlook on the same day, beginning at 4:00 p.m. CT.

Werner Enterprises to Announce Fourth Quarter and Full Year 2021 Earnings and Host Earnings Call on February 3, 2022

Clarence L. Werner, founder, chairman and director of Werner Enterprises, the truckload carrier that bears his name, has reached an agreement with the Federal Trade Commission to pay a hefty fine for violations of federal securities laws connected with his acquisition of Werner stock over several years.

Werner's chairman gets big FTC penalty for not disclosing stock purchases

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M&A in the transportation and logistics industry was up in a big way in 2021. Many of the catalysts in place during the year appear likely to continue.

Why is transportation M&A so hot?

Werner's (WERN) acquisition of NEHDS Logistics for $64 million expands its final mile capabilities for delivery of big and bulky products across the Northeast United States and the Midwest.

Werner (WERN) Buys NEHDS Logistics to Expand Final Mile Network

OMAHA, Neb., Nov. 29, 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 has closed on the acquisition of NEHDS, based in Monroe, Connecticut, for a purchase price of $64 million, which includes a $4 million earnout. NEHDS operates a fleet of over 400 delivery trucks primarily in the Northeast and Midwest U.S. corridors. NEHDS delivers primarily big and bulky products using 2-person delivery teams performing residential and commercial deliveries through a network of 19 cross dock, warehouse and customer facilities.

Werner Enterprises Acquires Leading Final Mile Carrier NEHDS Logistics, LLC

Rising freight volume and shareholder-friendly measures boost Werner (WERN). However, escalating expenses are worrisome.

Improving Freight Market Aids Werner (WERN) Amid High Costs

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OMAHA, Neb., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, has earned multiple Military Friendly® designations for 2022. Werner was honored to receive the Military Friendly® Employers Gold Award and be recognized as a Top 10 Military Spouse Friendly® Employer and Military Friendly® Brand.

Werner Enterprises Earns Multiple 2022 Military Friendly® Designations

Werner Enterprises, Inc. (NASDAQ: WERN) declared a regular quarterly cash dividend of $0.12 per common share, payable on January 18, 2022, to shareholders of record on January 3, 2022. Additionally, the Board authorized a new stock repurchase program for up to 6 million shares of its common stock.

Werner Enterprises Plans To Buyback Up To 6M Shares, Declares Dividend

OMAHA, Neb., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN), a premier transportation and logistics provider, is pleased to announce the following actions approved by its Board of Directors (the “Board”) on November 9, 2021.

Werner Enterprises Announces Quarterly Dividend and New Stock Repurchase Authorization

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OMAHA, Neb., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, while continuing its commitment to being a diverse and inclusive workforce, is proud to be named among the 2021 “Top Companies for Women to Work For in Transportation” by the Women in Trucking (WIT) Association's Redefining the Road magazine. This is the fourth consecutive year Werner has received this recognition.

Werner Enterprises Named a 2021 Top Company for Women

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Higher revenues in the Truckload Transportation Services and Logistics segments boost Werner's (WERN) third-quarter financials.

Werner's (WERN) Q3 Earnings Miss Estimates, Increase Y/Y

OMAHA, Neb., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, has earned the 2021 SmartWay Excellence Award and SmartWay High Performer Award. This is the eighth time Werner has received the prestigious SmartWay Excellence Award, and it marks the fifth consecutive year receiving the SmartWay High Performer Award recognition.

Werner Enterprises Earns SmartWay Excellence Award for Eighth Time, Fifth Consecutive Year

A multitude of costs caused Werner Enterprises to miss analysts' third-quarter expectations Thursday. Some of the expense increases are transitory while others are not.

Costs abound sink Werner's Q3; long-term margin target raised

Werner Enterprises, Inc. (WERN) CEO Derek Leathers on Q3 2021 Results - Earnings Call Transcript

Werner (WERN) delivered earnings and revenue surprises of -16.84% and -0.30%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Werner Enterprises (WERN) Q3 Earnings and Revenues Miss Estimates

Third Quarter 2021 Highlights (all metrics compared to third quarter 2020)

Werner Enterprises Reports Record Third Quarter 2021 Revenues and Earnings

Integrates DTNA's API to optimize service communications and improves efficiency Integrates DTNA's API to optimize service communications and improves efficiency

Werner Collaborates With Daimler Trucks North America to Maximize Driver Uptime

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: What to Know Ahead of Next Week's Release

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In a Monday note to clients, Morgan Stanley analyst Ravi Shanker identified three key themes for the third-quarter earnings season, which begins Oct. 15 when J.B. Hunt reports.

Rate guidance should drive TL estimates higher, Morgan Stanley says

OMAHA, Neb., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN), a premier transportation and logistics provider, will release its third quarter 2021 earnings on Thursday, October 28, 2021, after the market close. The company will also hold a conference call to discuss the third quarter 2021 results and updated 2021 outlook on the same day, beginning at 4:00 p.m. CT.

News for Werner Enterprises Stock (WERN)