Wabash National Corp. reports developments in transportation, logistics and infrastructure supply-chain equipment, including dry and refrigerated trailers and truck bodies, platform trailers, tank trailers, structural composites, parts and service programs, and fleet support offerings. Recurring news includes earnings, backlog and demand commentary for freight equipment markets, as well as updates from the company’s Parts & Services activities and truck body operations.
Company announcements also cover product and technology initiatives such as the DuraPlate dry van platform, digitally connected cargo assurance tools, TrailerHawk.AI, Ready-to-Mount truck bodies, upfit services, Trailers as a Service, and AI-driven configuration and aftermarket parts tools. Capital-return items, including quarterly dividends, also appear among Wabash’s recurring corporate updates.
Wabash (NYSE: WNC) has declared a regular quarterly dividend of $0.08 per share of common stock. The dividend will be payable on July 24, 2025, to stockholders of record on July 3, 2025.
Wabash, headquartered in Lafayette, Indiana, is a leader in connected solutions for transportation, logistics and distribution industries. The company specializes in manufacturing and servicing various products including dry freight and refrigerated trailers, flatbed trailers, tank trailers, truck bodies, structural composite panels, trailer aerodynamic solutions, and specialty food grade processing equipment.
FingerMotion (NASDAQ: FNGR), a mobile services, data and technology company, announced its participation in the 37th Annual ROTH Conference from March 16-18, 2025, at The Laguna Cliffs Marriott in Dana Point, California. The conference will feature 1-on-1 meetings, fireside chats, industry keynotes, and panels with executives from roughly 450 companies across various growth sectors including Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability, and Technology.
CEO Martin Shen expressed enthusiasm about showcasing FingerMotion's innovative products and services to the investment community during the event. Interested attendees can request 1-on-1 meetings through the conference portal.
Wabash reported challenging first quarter 2025 results with quarterly revenue of $381 million, falling below expectations due to weaker Transportation Solutions demand. The company posted GAAP operating income of $315 million, including a $342 million gain from a reduced legal verdict. Excluding this gain, Non-GAAP adjusted operating loss was $27.4 million.
Key highlights:
- GAAP EPS: $5.36; Non-GAAP adjusted EPS: $(0.58)
- Total backlog: $1.2 billion, down 32% year-over-year
- Parts & Services segment showed positive growth
- 2025 outlook reduced: Revenue to $1.8B, Non-GAAP adjusted EPS to $(0.60)
Market challenges include tariff-related uncertainty causing delayed equipment investments. The company has right-sized direct labor costs and notes that 2025's demand is projected below replacement levels, suggesting potential future fleet catch-up requirements.
Wabash (NYSE: WNC) has announced a strategic partnership with UP.Labs to develop two AI-driven startups through the Wabash Venture Lab initiative. The collaboration, which began in fall 2024, focuses on modernizing transportation manufacturing with intelligent automation.
The first venture introduces an AI-powered configuration tool that streamlines the specification process for made-to-order trailers and truck bodies, improving quote generation efficiency and connecting CPQ, ERP, and CRM systems. The second venture develops an intelligent software platform for aftermarket parts optimization, using predictive analytics to manage production, distribution, and pricing in real-time.
The partnership leverages UP.Labs' venture-building expertise with Wabash's industry knowledge to create solutions tailored for their ecosystem. Both ventures are currently in development, with initial MVP capabilities expected later in 2025. This initiative aligns with Wabash's transformation strategy focused on customer value, operational efficiency, and sustainable growth.
Wabash (NYSE: WNC) has scheduled its first quarter 2025 earnings conference call for Wednesday, April 30, 2025, at 12:00 p.m. ET. The company will present its financial results through a webcast accessible on the 'Investors' section of their website at www.onewabash.com.
The presentation will include accompanying slides and can be accessed by dialing (800) 715-9871 with conference ID 9986205. The earnings press release, slides, and related materials will be posted on Wabash's website by 7:00 a.m. ET on the day of the call, with a replay available afterward in the same section.
Wabash (NYSE: WNC) announced a significant court ruling regarding a case from September involving a 2019 motor vehicle accident. The Circuit Court on March 20, 2025, reduced the punitive damages from $450 million to $108 million, while maintaining compensatory damages at $11.5 million.
The case, Williams et al. v. Wabash, involved a passenger vehicle striking the back of a nearly stopped 2004 Wabash trailer. The company maintains that the trailer was manufactured in compliance with all applicable regulations and believes the current damages remain abnormally high. Wabash continues to evaluate legal options while affirming its commitment to product safety and quality.
Wabash (NYSE: WNC) is showcasing its transformation and innovations at TMC 2025 in Nashville, highlighting solutions that merge physical and digital technologies. The company will present the 2026 Wabash DuraPlate® Dry Van, featuring the Phillips REAR-VU™ Backup Camera as a standard option, providing a 170-degree field of view for enhanced safety.
Key highlights include the expansion of their Trailers as a Service (TaaS) offering, enhanced by the TrailerHawk.ai acquisition for improved cargo security and visibility. Wabash has increased its U.S. dry van production capacity by 20% through an automated manufacturing facility and secured long-term agreements with suppliers like Hydro, Ryerson, Steel Dynamics, and Rockland Flooring for reliable material supply.
Wabash (NYSE: WNC) announces expansion of its service portfolio with a new Ready-to-Mount Program and the opening of a Parts and Services facility in Gary, Indiana this April. The program offers pre-built dry freight and platform bodies with mounting options completed within weeks.
The company's seventh Parts and Services center will provide customizable solutions including shelving, telematics, and trade-specific packages, with some completed in 10 days. In 2024, Wabash upfitted over 1,100 truck bodies through its network.
At Work Truck Week 2025, Wabash will showcase innovations including:
- Medium Duty Acutherm™ Refrigerated Truck Body with EcoNex™ Technology, offering 25% thermal efficiency and 15% weight reduction
- EcoNex Technology Cost Savings Calculator
- Dry Freight Truck Body with DuraPlate® Technology
Wabash (NYSE: WNC) has acquired TrailerHawk.ai, a provider of advanced cargo security and smart access management technologies, to enhance its Trailers as a Service (TaaS) offering. The integration strengthens Wabash's ability to provide logistics providers with improved freight security, visibility, and operational efficiency.
The acquisition brings key benefits including advanced cargo security through smart access management, verified asset chain of custody with actionable insights, and enhanced operational flexibility through seamless TaaS integration. TrailerHawk.ai's Founder and CEO Brett Suma will join Wabash Marketplace to lead the development and scaling of TaaS and TrailerHawk.ai solutions.
This strategic move reinforces Wabash's commitment to merging physical and digital technologies, creating connected ecosystems that improve supply chain efficiency. The company will host a LinkedIn Live virtual event on February 14, 2025, to discuss the acquisition details.