Welcome to our dedicated page for Werner Entprise news (Ticker: WERN), a resource for investors and traders seeking the latest updates and insights on Werner Entprise stock.
Werner Enterprises, Inc. reports news about truckload transportation and logistics services across the United States, Mexico and Canada. Company updates commonly cover Dedicated and One-Way Truckload operations, Werner Logistics services, truckload brokerage, freight management, intermodal transportation, final mile delivery and cross-border shipping capacity.
Recurring developments include quarterly operating results, fleet and utilization trends, customer retention, acquisition integration, dividend declarations, investment-conference communications and safety or driver-workforce recognition. News also reflects the role of Werner EDGE technology and intermodal assets in the company’s transportation network.
Werner Enterprises reported third quarter 2020 financial results, highlighting total revenues of $590.2 million, down 5% year-over-year but up 4% sequentially. Operating income increased 16% to $62.1 million, with a margin of 10.5%, up 190 bps YoY. Record diluted EPS reached $0.67, a 19% increase from the previous year. The company announced a sustainability strategy with goals including a 55% reduction in carbon emissions by 2035. Despite uncertainties from COVID-19, demand for services remains strong.
Werner Enterprises (NASDAQ: WERN) will participate in two upcoming investment virtual teleconferences. The Baird 2020 Global Industrial Conference is scheduled for November 11, 2020, featuring a fireside chat from 1:35 p.m. to 2:05 p.m. CT. The Stephens Investment Conference will follow on November 18, 2020, from 10:00 a.m. to 10:45 a.m. CT. Both sessions will include CEO Derek J. Leathers and CFO John J. Steele. Live audio webcasts will be available on Werner’s website, with archives accessible for 30 days post-event. Check the website for updates on the event schedule.
Summary not available.
Werner Enterprises (NASDAQ: WERN) has announced the appointment of Carmen A. Tapio to its Board of Directors, effective after the November 10, 2020 meeting. Tapio, currently the CEO of North End Teleservices, brings extensive leadership experience and a focus on diversity issues. She will serve on the Compensation Committee and the Nominating & Governance Committee. Dwaine J. Peetz, Jr., M.D., a director for 10 years, will retire at this meeting. Chairman Clarence L. Werner expressed gratitude for Peetz's contributions.
Werner Enterprises (NASDAQ: WERN) has been recognized by the Women in Trucking (WIT) Association as one of the Top Companies for Women to Work for in Transportation for the third consecutive year. The company attributes this accolade to its commitment to gender diversity, competitive benefits, and professional development. Women's representation in its driver workforce is nearly double the national average, with over 120 female drivers achieving one million accident-free miles. This recognition reflects Werner’s ongoing efforts to attract and support women in the transportation industry.
Summary not available.
Platform Science has partnered with Werner Enterprises (NASDAQ: WERN) to integrate its IoT fleet management technology across Werner's nearly 8,000 trucks. This collaboration aims to enhance operational efficiency, driver experience, and compliance. The new telematics device, EDGE Connect, will be rolled out to drivers by Q1 2021. The partnership underscores Werner's commitment to deploying state-of-the-art technology in fleet operations, facilitating customization and improved navigation.
Summary not available.
Summary not available.
OMAHA, Neb., Sept. 02, 2020 - Traffic on Highway 50 near Interstate 80 is restricted to one lane each way due to construction by Midwest DCM. This will last until December 2020 to facilitate the addition of lanes and turn lanes. Motorists should expect significant delays and are advised to use alternate routes. Safe driving is emphasized, particularly in work zones.