Werner Enterprises Inc - WERN STOCK NEWS

Werner Enterprises (Nasdaq: WERN) has announced it will release its fourth quarter and full year 2024 earnings on Thursday, February 6, 2025, after market close. The transportation and logistics provider will host a conference call at 4:00 p.m. CT on the same day to discuss the results and provide a 2025 outlook. Investors can access the earnings release, webcast, and presentation slides through the company's website. The conference call can be accessed via phone, and a replay will be available until March 6, 2025.

Werner Enterprises (NASDAQ: WERN) has partnered with Fleet Defender and Platform Science to deploy Neural Sentinel, an advanced cybersecurity and safety monitoring solution, across its entire fleet. The software-only solution integrates with Platform Science's Virtual Vehicle platform, enabling real-time threat detection and response without additional hardware requirements. Neural Sentinel uses AI models to monitor cybersecurity threats and safety risks, providing immediate alerts through Fleet Defender's cloud-based Virtual Security Operations Center. This implementation allows Werner's fleet managers to gain real-time insights and respond promptly to potential threats, enhancing both security and operational efficiency.

Werner Enterprises (Nasdaq: WERN) has declared a regular quarterly cash dividend of $0.14 per common share, payable on January 15, 2025, to stockholders of record as of January 2, 2025. The company has consistently paid quarterly dividends since July 1987. Werner is a major transportation and logistics provider operating across the US, Mexico, and Canada, with 2023 revenues of $3.3 billion. The company maintains a modern fleet, employs over 13,000 associates, and offers services including Dedicated and One-Way Truckload services, along with various Logistics solutions.

Werner Enterprises has released its fourth annual Corporate Sustainability Report, highlighting significant ESG progress and commitments. The company introduced a Waste and Energy Scorecard, enhanced driver communication on inclusion, and established a recognition program for anti-trafficking initiatives. Werner disclosed its Scope 1 emissions for 2024 and plans to report Scope 2 emissions in 2025.

Key goals include conducting a triennial ESG audit by 2025, launching a Sustainable Procurement Program, and investing 2.5 million training hours for associate development by 2028, with 27% already achieved. The company, with 2023 revenues of $3.3 billion, remains committed to doubling its intermodal volume through investments in private assets.

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.