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 renewed its strategic agreement with Goodyear as the preferred tire supplier for its van, tank and platform trailers. The partnership, extending a 15+ year relationship, provides Wabash customers with full-service tire management support through Goodyear's network of company-owned locations and dealerships. The agreement aims to enhance customer support, streamline tire management, and increase operational efficiency and uptime for Wabash's trailer operations.
Wabash (NYSE: WNC) has declared a regular quarterly dividend of $0.08 per share of common stock. The dividend will be paid on January 30, 2025, to stockholders of record on January 9, 2025. Wabash is a Lafayette, Indiana-based company providing connected solutions for transportation, logistics and distribution industries, manufacturing products including dry freight and refrigerated trailers, flatbed trailers, tank trailers, truck bodies, composite panels, and specialty food grade processing equipment.
Wabash (NYSE: WNC) announces expansion of its Parts and Services Distribution Network with 14 new locations across seven states. The expansion of the Preferred Partner Network enhances parts availability in areas not currently served by Wabash van trailer dealers. The network includes new locations from Blaine Brothers, Great Western Trailer, North American Trailer, and U.S. Trailer Parts & Supply across Minnesota, Wisconsin, New Mexico, Oklahoma, Texas, North Dakota, and Illinois. Wabash Parts, created in 2022, unifies the company's tech-enabled parts distribution capabilities across all Transportation Solutions product lines, utilizing dealer service capabilities and national wholesale distribution infrastructure.
Wabash (NYSE: WNC) reported Q3 2024 results with revenue of $464 million, down 26.7% year-over-year. The company took a $450 million non-cash charge related to a legal verdict, resulting in a GAAP operating loss of $433 million. Non-GAAP adjusted operating income was $17 million. Q3 GAAP EPS was $(7.53), while adjusted EPS was $0.19. Total backlog stood at $1.0 billion, down 22% from Q2 2024. The company reduced its full-year 2024 outlook, with revenue guidance lowered to $1.95 billion and non-GAAP adjusted EPS to $1.25.
Wabash (NYSE: WNC) has been awarded a $1.6 million grant from the U.S. Department of Energy Solar Energy Technologies Office for a three-year research project starting next year. In partnership with the University of Delaware's Center for Composite Materials, the project aims to integrate high-efficiency solar energy into refrigerated trailers and truck bodies, advancing zero-emission mid-mile transportation.
The project will combine Wabash's proprietary EcoNex™ Technology for enhanced thermal efficiency with the University of Delaware's TuFF technology, utilizing recycled aerospace-grade carbon fiber. This collaboration seeks to address key electrification challenges by reducing weight and energy consumption in commercial vehicles, potentially revolutionizing refrigerated transport and offering a truly green, well-to-wheel approach to energy consumption.
Wabash (NYSE: WNC) has announced its upcoming third quarter 2024 earnings conference call, scheduled for Thursday, October 24, 2024, at 12:00 p.m. ET. The company will webcast the call along with an accompanying slide presentation on the 'Investors' section of its website, www.onewabash.com, under 'Events & Presentations'. Interested parties can also access the call by dialing (800) 715-9871 with conference ID 9986205.
A replay of the call will be made available shortly after its conclusion in the same section of Wabash's website. The company will post its earnings press release, earnings slides, and related presentation materials by 7:00 a.m. ET on the day of the call, which will remain accessible following the event.
Wabash (NYSE: WNC) is hosting Ignite 2024, a premier thought leadership event in Louisville, Ky., bringing together over 300 leaders from the transportation, logistics, and distribution sectors. The event, themed 'Stronger Together', focuses on addressing industry challenges and opportunities through collaboration.
Key topics include supply chain resilience, enhanced connectivity, and the future of transportation networks. Sessions will cover critical issues such as connected and autonomous technologies, trailer electrification, sustainable freight mobility, cold chain logistics, and digital advancements in the ecosystem.
Participants will preview Wabash's latest innovations, including updates on Trailers as a Service (TaaS)℠, new developments in dry van and tank trailer technology, and a next-generation Acutherm™ Refrigerated Freight Body with EcoNex™ Technology.
Wabash (NYSE: WNC) has announced a 10-year strategic agreement with Steel Dynamics, Inc. to secure critical steel components for its transportation solutions portfolio. This partnership guarantees high-priority capacity and backup supply from multiple Steel Dynamics facilities, ensuring a robust domestic steel supply chain.
The agreement covers hot-rolled, galvanized, and painted steel coils and steel crossmembers, supporting Wabash's production of van trailers, tank trailers, platform trailers, and truck bodies. This collaboration strengthens Wabash's ability to meet customer needs without supply constraints, especially during periods of high demand.
This partnership aligns with Wabash's strategy of long-term demand planning and leveraging relationships with industry leaders. Similar agreements with Rockland Flooring, Ryerson, J.B. Hunt, and Hydro position Wabash as a leader in supply reliability and operational excellence in the commercial transportation industry.
Wabash (NYSE: WNC) has announced a partnership with Kodiak Robotics, an autonomous trucking company, to provide its Trailers as a Service (TaaS) offering. This collaboration aims to support Kodiak's autonomous fleet with flexible access to safe, reliable trailers nationwide. Wabash's TaaS offers a comprehensive solution covering trailer acquisition, maintenance, and uptime management.
The partnership allows Kodiak to focus on developing its autonomous technology while Wabash ensures optimal trailer performance and safety. Wabash will utilize its nationwide dealer network to provide critical managed care, leveraging self-diagnosing trailers for proactive monitoring and maintenance. This collaboration is expected to enhance operational reliability and road safety through well-maintained trailers.
Wabash (NYSE: WNC), a leader in connected solutions for transportation and logistics, has been recognized as one of America's Most Admired Workplaces 2025 by Newsweek. The company received a rating of 4.5 out of 5 stars, standing out as one of only two heavy-duty vehicle manufacturers on the list. Wabash is also one of five Indiana-based companies among the 400 total companies recognized.
The list was compiled based on a survey of over 250,000 U.S. employees and 1.5 million company reviews, evaluating factors such as corporate culture, work-life balance, and career advancement opportunities. This recognition follows other recent accolades for Wabash, including listings on Newsweek's America's Most Responsible Companies 2024, USA Today's Climate Leaders 2024, and Forbes' Best Small-Cap Companies 2024.