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 (Nasdaq: WERN) has secured four prestigious 2025 Military Friendly® designations, ranking No. 2 on both the Top 10 Military Friendly® Employer and Military Friendly® Spouse Employer lists in the $1-4.99 billion category. The company also placed among the top five in 'Military Friendly® Companies' and 'Military Friendly® Brands' categories. With veterans comprising approximately 20% of its workforce, Werner offers specialized programs including Military Skills Test Waiver, SkillBridge/Career Skills Program, and VA Educational Benefits. The company reported 2023 revenues of $3.3 billion and operates with over 13,000 associates across the United States, Mexico, and Canada.
Werner Enterprises (Nasdaq: WERN) has been named among the 2024 'Top Companies for Women to Work for in Transportation' by the Women in Trucking Association's Redefining the Road magazine, marking its seventh consecutive recognition. The company stands out with 16% female professional drivers, more than double the national average. The recognition follows a comprehensive survey and industry-wide vote involving over 30,000 transportation professionals.
Werner's commitment to women in transportation is demonstrated through initiatives like the Women's Leadership Alliance, founded in 2011, which offers professional development and networking opportunities. The company, with 2023 revenues of $3.3 billion, continues to foster an inclusive environment through specialized teams and leadership representation, including Vice President Jaime Hamm's role as Chair of the ATA Safety Policy Committee.
Werner Enterprises announces that Adam Cassidy, director of safety, has been named a 2024 Heavy Duty Trucking Emerging Leader. Under Cassidy's leadership, Werner achieved its lowest DOT preventable accident rate per million miles in 2023. He oversees key safety projects including Samsara implementation, backing cameras, and fatigue management systems. Cassidy, a veteran, is one of eight industry leaders under 40 to receive this recognition, marking the third consecutive year a Werner associate has won this award. Werner reported 2023 revenues of $3.3 billion and operates with over 13,000 associates across the United States, Mexico, and Canada.
Werner Enterprises (WERN) reported challenging third quarter 2024 results with total revenues of $745.7 million, down 9% year-over-year. Operating income decreased 54% to $17.6 million, while diluted EPS fell 72% to $0.11. The company faced persistent pricing and margin pressures in Logistics, with low resale equipment values. Truckload Transportation Services revenues declined 9% to $522.8 million, while Logistics revenues decreased 10% to $206.8 million. Despite challenges, One-Way Truckload revenue per total mile increased year-over-year for the first time in seven quarters, and the Dedicated fleet showed sequential growth.
Werner Enterprises (Nasdaq: WERN) announced its participation in two upcoming investment conferences. The company will attend the Stephens Annual Investment Conference on November 19, 2024, in Nashville, Tennessee, featuring investor meetings and a fireside chat presentation. Werner will also participate in the UBS Global Industrials and Transportation Conference on December 4, 2024, in Manalapan, Florida, which includes investor meetings and a panel discussion.
Key executives participating in these events include Nathan J. Meisgeier (President and Chief Legal Officer), Christopher D. Wikoff (Executive Vice President, Treasurer and CFO), Craig T. Callahan (Executive Vice President and Chief Commercial Officer), and Derek J. Leathers (Chairman and CEO). Live webcasts of both events will be available on the Werner website, with archives accessible for 30 days following each conference.
Werner Enterprises is a leading transportation and logistics provider with 2023 revenues of $3.3 billion, serving customers across the United States, Mexico, and Canada.
Werner Enterprises (Nasdaq: WERN) has been named a 2024 'Top Food Chain Provider' by Food Chain Digest for the third consecutive year. This recognition highlights Werner's excellence in providing transportation and logistics services to food shippers. The company was selected through a rigorous evaluation process, including meeting minimum qualifications, demonstrating significant achievements in solving business problems for food shippers, and garnering votes from food manufacturers, retailers, and distributors.
Craig Callahan, Werner's Executive Vice President and Chief Commercial Officer, emphasized the company's diverse portfolio of service offerings and custom-built solutions for shippers. The honor reflects the dedication of Werner's professional drivers and associates in delivering exceptional service to food industry customers. Werner, with 2023 revenues of $3.3 billion, offers truckload transportation and logistics services across the United States, Mexico, and Canada.
Werner Enterprises (Nasdaq: WERN) has been honored with the National Award for Outstanding Large Employer of Veterans by the American Legion. This prestigious award recognizes Werner's exceptional commitment to hiring and supporting veteran employees, with approximately 20% of its workforce consisting of veterans.
Werner offers uniquely designed programs and benefits for the military community, including:
- Veteran hiring initiatives
- Mentorship programs
- Skills training and development opportunities
Greg Hamm, VP of Field and Government Recruiting, expressed pride in receiving the award and emphasized Werner's commitment to providing meaningful employment opportunities for veterans. Nathan Meisgeier, president and chief legal officer, highlighted the company's unwavering dedication to creating a thriving environment for veterans and their families.
Werner Enterprises, with 2023 revenues of $3.3 billion, is a leading transportation and logistics provider serving customers across the United States, Mexico, and Canada.
Werner Enterprises (Nasdaq: WERN) has been awarded the 2024 SmartWay Excellence Award by the U.S. Environmental Protection Agency (EPA) for the ninth time. This prestigious recognition highlights Werner's leadership in freight supply chain energy and environmental performance. The company was honored in three categories: large truckload/dry van, small flatbed, and small intermodal-dray.
Werner's sustainability achievements include:
- Investing in fuel-efficient trucks and trailers with advanced aerodynamic technology
- Testing innovative fleet technologies like biodiesel fuel blends and electric vehicles
- Optimizing routes and leveraging logistics technologies to minimize fuel consumption
- Collaborating with industry partners to promote sustainable practices
The company aims to reduce its carbon footprint by 55% by 2035. Werner's commitment to sustainability not only benefits the environment but also drives efficiency and value for customers and stakeholders.
Werner Enterprises (Nasdaq: WERN), a leading transportation and logistics provider, has announced its plans to release third quarter 2024 earnings on Tuesday, October 29, 2024, after market close. The company will host a conference call at 4:00 p.m. CT on the same day to discuss the results and provide a 2024 outlook.
Investors can access the news release, live webcast, and accompanying slide presentation on Werner's website. To join the call, dial (844) 701-1165 (domestic) or (412) 317-5498 (international). A replay will be available until November 29, 2024, by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) with access code 8096197. The webcast replay will also be accessible on Werner's website.
Werner Enterprises (Nasdaq: WERN) is set to celebrate National Truck Driver Appreciation Week from September 15-21, 2024. The company plans to honor its professional drivers at various terminals and dedicated sites across its network. Werner's leadership, including CEO Derek Leathers and President Nathan Meisgeier, expressed gratitude for the drivers' essential role in the economy and their dedication to safe, punctual deliveries.
Werner emphasizes its commitment to drivers through top-tier safety programs, state-of-the-art fleet equipment, driver-centric technology, and competitive compensation. With 2023 revenues of $3.3 billion and a workforce of over 13,000 associates, Werner provides truckload transportation and logistics services across the United States, Mexico, and Canada. The company offers Dedicated and One-Way Truckload services, as well as Logistics services including brokerage, freight management, intermodal, and final mile delivery.