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. (NASDAQ: WERN) is a transportation and logistics company that regularly issues detailed updates on its operations, financial performance and corporate actions. This news page aggregates press releases and other public announcements related to Werner’s truckload transportation services and Werner Logistics segment, giving readers a single view of the company’s latest disclosures.
Werner frequently reports quarterly and annual earnings, including segment revenues, operating income or loss, operating margins and non-GAAP adjustments for its Truckload Transportation Services and Werner Logistics businesses. These earnings releases often discuss trends in Dedicated and One-Way Truckload operations, shipment volumes and revenue mix in truckload logistics, intermodal and final mile, as well as the impact of insurance, claims and legal matters on results.
Investors can also follow capital allocation and shareholder return news, such as announcements of regular quarterly cash dividends and stock repurchase authorizations approved by the Board of Directors. Werner has highlighted its long history of paying quarterly dividends and has provided details on new and existing share repurchase programs, including authorization levels and repurchase activity.
Werner’s news flow includes legal and regulatory developments, such as updates on significant litigation, court rulings and settlements that affect the company’s financial statements and risk profile. The company also issues releases about participation in investment conferences, where management meets with investors and appears in fireside chats and webcasts.
In addition, Werner publishes news about workforce and recognition, including Military Friendly Employer rankings and programs supporting veterans and military families. For ongoing insight into WERN, readers can use this page to monitor earnings announcements, legal updates, conference participation, dividend declarations and other material events disclosed by Werner Enterprises.
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Werner Enterprises (NASDAQ: WERN) announced that its first two Freightliner eCascadia battery electric vehicles (BEVs) are now operational in Southern California. These vehicles aim to significantly reduce the company's carbon footprint, contributing to a sustainability goal of a 55% reduction in carbon emissions by 2035. Each BEV is projected to reduce carbon emissions by over 150,000 pounds annually. The company is also testing the charging infrastructure at its terminal in Fontana, California, to meet the varied charging needs. With revenues of $3.3 billion in 2022 and a focus on logistics services across North America, Werner continues to position itself as a leader in sustainable transportation.
Werner Enterprises (NASDAQ: WERN) is advancing its sustainability initiatives by testing the 2023 X15N Cummins natural gas engine in its fleet. This effort aims for a 55% reduction in carbon emissions by 2035. The X15N can significantly cut emissions when powered by renewable natural gas (RNG), a cleaner alternative to diesel. Cummins plans to begin production of this engine in 2024. Werner is partnering with Cummins and Peterbilt, emphasizing their commitment to environmental stewardship. In 2022, Werner reported revenues of $3.3 billion, with a strong focus on providing innovative logistics services across North America.
Werner Enterprises, Inc. (Nasdaq: WERN) will announce its first-quarter earnings on May 3, 2023, after market close. This will be followed by a conference call at 4:00 p.m. CT to discuss earnings results and the updated outlook for 2023. Interested parties can listen live via their website www.werner.com. A replay will also be available starting at approximately 6:00 p.m. CT on the same day and through June 3, 2023. Werner, a leading transportation and logistics provider, reported $3.3 billion in revenue for 2022 and serves customers across the U.S., Mexico, and Canada.
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