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 (WERN) is a leading transportation and logistics provider operating one of North America's largest truckload fleets. This page aggregates official company announcements and verified news coverage for investors and industry observers.
Access timely updates on operational developments, financial performance, and strategic initiatives. Track press releases covering earnings reports, service expansions, technology implementations, and regulatory compliance matters relevant to the freight sector.
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Werner Enterprises (Nasdaq: WERN) has been recognized for the fourth consecutive year as one of the "Top Companies for Women to Work For in Transportation" by the Women in Trucking (WIT) Association. This accolade highlights Werner's commitment to gender diversity through its supportive corporate culture, competitive pay, and opportunities for professional development. Currently, 13% of Werner's drivers are female, nearly double the national average. The company's focus on diversity, equity, and inclusion is part of its broader commitment to promote sustainability in the transportation industry.
Werner Enterprises reported its third quarter 2021 results, with total revenues of $702.9 million, a 19% increase year-over-year. Operating income rose by 15% to $71.3 million. However, the operating margin slightly decreased to 10.1%. Diluted EPS reached $0.94, up 41% from the previous year. The company faced challenges with driver pay and productivity but successfully integrated its recent ECM acquisition. Additionally, Werner's logistics segment saw substantial revenue growth, with a 35% increase.
Werner Enterprises (NASDAQ: WERN) has integrated Daimler Trucks North America's (DTNA) API into its fleet management platform, enhancing service communications and efficiency. This integration aims to boost uptime for drivers and improve repair processes at DTNA dealerships. Notably, it reduces the average number of calls per repair event from 12 to 2, cutting down event call time by 10 minutes and decreasing dwell time by 30%. Werner's collaboration with DTNA follows industry standards and represents a step in the company’s innovation strategy to increase productivity and efficiency.
Werner Enterprises (NASDAQ: WERN) will announce its third quarter 2021 earnings on October 28, 2021, after market close. A conference call to discuss earnings and the updated outlook for 2021 will start at 4:00 p.m. CT. Investors can access the news release and live webcast on the company’s Investor page. Werner reported $2.4 billion in revenues for 2020, providing truckload transportation and logistics services across North America, with a commitment to sustainability and diversity.
Werner Enterprises announces that Jaime Maus and Cesile Johnson have received the 2021 Women in Supply Chain Award from Supply & Demand Chain Executive. Maus played a key role in transitioning to an Electronic Logging Device system, while Johnson focuses on enhancing tech deployment for drivers. Both contribute significantly to advancements in safety and technology. This award highlights female leaders in supply chain, recognizing their impact across various industries.
Werner Enterprises (Nasdaq: WERN) has been recognized with multiple awards, including the Quest for Quality Award from Logistics Management and Top 10 3PL Provider from Inbound Logistics, marking five consecutive years of accolades. These honors reflect outstanding customer satisfaction and service in logistics and transportation. Chairman Derek Leathers praised the company's team for delivering reliable service during the pandemic. With 2020 revenues of $2.4 billion, Werner continues to lead in truckload transportation, offering a range of logistics solutions and maintaining a commitment to sustainability.
Werner Enterprises (NASDAQ: WERN) has declared a quarterly cash dividend of $0.12 per common share, payable on October 19, 2021, to stockholders on record by October 4, 2021.
The company has consistently paid dividends every quarter since July 1987. With 2020 revenues reaching $2.4 billion, Werner provides extensive truckload transportation and logistics services across the U.S., Mexico, and Canada, utilizing a modern fleet and innovative technology.
Werner Enterprises (NASDAQ: WERN) announced its participation in upcoming virtual investment teleconferences. The Deutsche Bank Transportation Conference is scheduled for August 18, 2021, featuring a fireside chat with CEO Derek J. Leathers and CFO John J. Steele. The Morgan Stanley Laguna Conference will follow on September 15, 2021. Both events will include live webcasts accessible through the Werner website. The company generated $2.4 billion in revenue in 2020 and offers comprehensive truckload transportation and logistics services across North America.
