Welcome to our dedicated page for Wabash Natl news (Ticker: WNC), a resource for investors and traders seeking the latest updates and insights on Wabash Natl stock.
Wabash National Corp. (NYSE: WNC) generates a steady flow of news related to transportation equipment manufacturing, supply chain solutions and its role in the truck trailer industry. Company updates often highlight how Wabash combines physical and digital technologies to support transportation, logistics, distribution and infrastructure markets, reflecting its focus on connected, end-to-end solutions.
Investors and industry followers can expect earnings announcements, including quarterly results, preliminary updates and outlook changes. These releases typically discuss net sales, segment performance for Transportation Solutions and Parts & Services, backlog trends, and the use of non-GAAP measures such as adjusted operating income, adjusted EBITDA, adjusted net income (loss), adjusted diluted earnings per share and free cash flow. Wabash also announces the timing of its earnings conference calls and webcasts, along with access details for slide presentations.
Beyond financial results, Wabash news covers strategic initiatives and partnerships. Recent stories include the launch and expansion of Trailers as a Service (TaaS) offerings like TaaS Pools and TaaS Plus, powered by TrailerHawk.ai, and partnerships such as the collaboration with Global Tank to expand the company’s tank trailer network and dealer ecosystem. These updates illustrate how Wabash is developing service-based and technology-enabled models alongside its manufacturing operations.
News items also describe network expansion in Parts & Services, such as new Parts & Services centers in key freight corridors, dealer expansions and additions to the Preferred Partner Network. These developments show how Wabash is building a broader support infrastructure for Wabash Genuine Parts, Ready-to-Mount truck bodies and related services.
For those tracking WNC, this news stream provides insight into Wabash’s financial performance, strategic direction, facility actions, partnerships and evolving offerings in trailers, truck bodies, tank trailers, parts and services.
Wabash (NYSE: WNC) has released its 2021 Corporate Responsibility Report, highlighting the company's ongoing commitment to environmental, social, and governance (ESG) initiatives. CEO Brent Yeagy emphasized Wabash's role as an industry leader in product design and its focus on sustainability to meet customer carbon reduction goals. The report aligns with the Task Force on Climate-related Financial Disclosures and incorporates Sustainability Accounting Standards Board metrics. Both the report and Yeagy's annual letter to stockholders are available on the company's investor relations website.
Wabash has partnered with Clarience Technologies to enhance trailer technology and connectivity, essential for the rise of electric and autonomous vehicles. As part of this alliance, Road Ready advanced telematics will be standard on all dealer stock trailers, offering a 90-day trial subscription. This innovative telematics system provides asset tracking, real-time insights, and data integration for improved fleet management. Both companies aim to lead in smart transportation solutions, emphasizing collaboration to foster industry advancements in connectivity.
Wabash (NYSE:WNC), a leader in engineered solutions for the transportation industry, announced its participation in two investor conferences. Senior VP and CFO Mike Pettit will conduct private meetings at the JP Morgan Global High Yield Conference on February 28, 2022, in Miami, Florida. Additionally, CEO Brent Yeagy will present at the Raymond James 43rd Annual Institutional Investors Conference on March 7, 2022, at 10:25 a.m. ET in Orlando, Florida. The presentations and meetings can be accessed via Wabash's Investor Relations website.
Wabash National Corporation (NYSE: WNC) declared a quarterly dividend of $0.08 per share, scheduled for payment on April 28, 2022, to stockholders of record on April 7, 2022. The company, based in Lafayette, Indiana, is a leader in engineered solutions for the transportation and logistics sectors. This dividend announcement reflects Wabash's commitment to returning value to its shareholders while positioning for future growth through innovative products and services in the trailer and truck body market.
Meritor, Inc. (NYSE: MTOR) announced the extension of its long-term agreement with Wabash until December 31, 2026, marking their first five-year agreement. This extension ensures that Meritor's loose axles will remain standard equipment for Wabash, with options for the Meritor Tire Inflation System (MTIS™), MTA-Tec6™, MPA suspensions, and EX+™ LS air disc brakes. MTIS helps improve fuel economy, while Meritor's suspensions and brakes enhance performance and durability. The longstanding partnership continues to yield innovative trailer products.
Wabash (NYSE: WNC) reported a record backlog of $2.5 billion, up 31% sequentially and 70% year-over-year. Fourth quarter 2021 revenue was $479.3 million, with a GAAP operating loss of $(18.6) million. Non-GAAP adjustments reveal operating income of $9.7 million. The company maintains its 2022 EPS outlook of $1.75. Wabash is transitioning to a unified brand strategy, retiring legacy names to enhance its market presence. Management remains optimistic about 2022, focusing on cost recovery and margin stability despite ongoing supply chain challenges.
Wabash (NYSE: WNC) has announced a strategic rebranding under the unified Wabash brand, consolidating its portfolio of products and services. The company will discontinue the use of legacy brand names acquired over the years, aiming to streamline its market presence and align with its long-term growth strategy. The rebranding reflects a transformation in the transportation and logistics industry. Additionally, Wabash introduces EcoNex™ Technology for refrigerated transport, focusing on sustainability. The rebrand will not affect legal entities or existing contracts.
Wabash (NYSE: WNC) will host a quarterly earnings conference call on February 2, 2022, at 10:00 a.m. ET to discuss its financial results for Q4 2021. Investors can access the call via phone at (888) 440-6928 using conference ID 6579482, or view the presentation on Wabash's website. Related materials will be available by 7:00 a.m. ET on the same day. Wabash, based in Lafayette, Indiana, is a leader in engineered solutions for transportation, logistics, and distribution, offering a diverse range of products including trailers and structural composite panels.
Wabash (NYSE: WNC) has announced a five-year partnership with Purdue University to enhance its research and development capabilities. This collaboration aims to accelerate the launch of innovative products in response to the challenges posed by logistics disruptions and evolving transportation technologies such as electrification and autonomous driving.
Robert Lane, Wabash's VP of innovation, emphasized the need for quick adaptations to industry changes. The partnership will allow Wabash to utilize Purdue's resources in engineering, quantum computing, and material sciences to develop sustainable solutions.
FAQ
What is the current stock price of Wabash Natl (WNC)?
What is the market cap of Wabash Natl (WNC)?
