Werner Entprise Stock Price, News & Analysis

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.

Werner Enterprises (Nasdaq: WERN) has announced that it has surpassed 2,000 professional drivers who have achieved the significant milestone of driving one million accident-free miles. This achievement underscores the company's commitment to safety, highlighted by CEO Derek Leathers, who noted that safety is a core value integrated into driver training from day one. Currently, 291 drivers have reached two million accident-free miles, 41 have three million, nine have four million, and one has five million. Werner operates a robust logistics network with 2020 revenues of $2.4 billion.

Werner Enterprises reported strong Q2 2021 results, achieving total revenues of $649.8 million, a 14% increase year-over-year. Operating income reached $76.9 million, up 46%, with a corresponding operating margin improvement of 250 basis points to 11.8%. Diluted EPS increased by 87% to $1.06. The company's growth was driven largely by truckload and logistics services, with notable increases in revenues. However, challenges arose from inflationary costs and a constrained labor market. Cash flow from operations decreased by 65% compared to Q2 2020.

Werner Enterprises (Nasdaq: WERN) has launched its inaugural Corporate Social Responsibility (CSR) Report, highlighting its commitment to Environmental, Social, and Governance (ESG) principles. This move demonstrates a deeper integration of sustainability into their business strategy as part of their newly branded initiative, WernerBlue. The report underscores several ESG goals, including a 55% reduction in greenhouse gas emissions by 2035 and the establishment of new management roles focused on sustainability and diversity. Werner aims to impact positively through its comprehensive ESG approach.

Werner Enterprises (Nasdaq: WERN) has opened a new terminal in Lehigh Valley, Pennsylvania, covering 67,500 square feet on 28 acres. This facility includes amenities for drivers, such as showers, laundry, and maintenance services. It will employ 70 locals and host important training programs. The terminal is part of Werner’s strategy to enhance its transportation and logistics capabilities while emphasizing safety and driver comfort. CEO Derek Leathers highlighted the terminal's importance in ensuring operational productivity and driver safety, reinforcing Werner's commitment to excellence.