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.
TuSimple (Nasdaq: TSP) announced an integration with Werner Enterprises to enhance roadside support for customers using driver-out autonomous trucks on its Autonomous Freight Network (AFN). This partnership allows for immediate assistance across a 11,200-mile network from Arizona to Florida. TuSimple's mission emphasizes safe, efficient, and reliable service, with Werner's 24/7 support playing a vital role. This integration is part of the TuConnect platform, underscoring the strategic expansion of TuSimple's operations in the autonomous freight transportation sector.
Mastery Logistics Systems has launched its MasterMind® TMS with Werner Enterprises (Nasdaq: WERN), enhancing their logistics operations. This is Werner's first cloud-based transportation management system, aimed at improving efficiency and control across their business units. The collaboration supports Werner's Cloud First initiative and their Werner EDGE program, focusing on supply chain automation and visibility. The partnership boosts technological agility while enhancing customer service capabilities.
Aurora Innovation (NASDAQ: AUR) and Werner Enterprises (NASDAQ: WERN) have announced a commercial pilot to deploy autonomous trucks on a critical freight route between Fort Worth and El Paso, Texas. This collaboration will leverage Aurora's self-driving technology to enable 24/7 freight hauling. The pilot aims to enhance efficiency and reliability, while operators will accompany the trucks for safety. With the route exceeding 600 miles, this initiative seeks to improve service for one of Werner's busiest commercial lanes and marks a significant milestone for scaling autonomous operations.
Werner Enterprises, Inc. (Nasdaq: WERN) will release its first quarter earnings on May 3, 2022, after the market closes. A conference call to discuss the results and updated 2022 outlook will occur at 4:00 p.m. CT. A replay of the call will be available the same day at 6:00 p.m. CT until June 3, 2022. Werner, a leader in truckload transportation and logistics, reported revenues of $2.7 billion in 2021 and provides extensive logistics services across North America.
Carmen Tapio, founder and CEO of North End Teleservices and Werner Director, has been recognized as Nebraska’s honoree in USA TODAY’s Women of the Year.
Appointed to the Werner Board in 2020, Tapio has significantly contributed to the company’s governance. Chairman Derek Leathers praised her influence on the board. Tapio expressed pride in being recognized among impactful women and highlighted her commitment to social responsibility and leadership.
Werner, with 2021 revenues of $2.7 billion, is a leading transportation and logistics provider in North America.
Werner Enterprises, a leading transportation and logistics firm, announced a quarterly cash dividend of $0.12 per share, payable on May 3, 2022. Stockholders will receive this dividend if recorded by April 18, 2022. The company has consistently paid dividends since July 1987. In 2021, Werner achieved revenues of $2.7 billion, supported by a modern fleet and over 13,500 associates. As an industry leader, the company emphasizes sustainability and innovation in logistics services, ensuring the integrity of supply chains across North America.
Werner Enterprises announced that professional driver Patrick Inman has been awarded Food Logistics’ 2022 Rock Stars of the Supply Chain award. This award recognizes leaders who significantly impact the supply chain, especially in the cold food sector. Inman was honored for his professionalism and exemplary values of safety, service, and leadership in a challenging environment. Werner Enterprises, a leading logistics provider with 2021 revenues of $2.7 billion, continues to support sustainability and diversity in its operations.
Werner Enterprises reported strong fourth quarter 2021 results, with total revenues of $765.2 million, up 23% year-over-year. Operating income rose to $98.5 million, a 21% increase, while diluted EPS reached $1.15, up 31%. The company's truckload and logistics segments saw growth, with truckload revenues increasing 19% and logistics revenues rising 42%. Despite severe capacity challenges and rising costs, Werner's strategic acquisition of NEHDS Logistics is expected to enhance its final mile delivery services.
Werner Enterprises (NASDAQ: WERN), a top transportation and logistics provider, announces its participation in major investment conferences in February 2022. Key events include:
- Stifel 2022 Virtual Transportation & Logistics Conference: February 9, featuring CEO Derek J. Leathers.
- Citi’s 2022 Global Industrial Tech and Mobility Conference: February 22 in Miami, with CFO John J. Steele.
- Barclays Industrial Select Conference: February 23 in Miami.
Live webcasts will be available on the Werner website, and investor materials will be published prior to the conferences.
Werner Enterprises (Nasdaq: WERN) and Cummins Inc. (NYSE: CMI) will collaborate to integrate Cummins' new 15-liter natural gas and hydrogen internal combustion engines into Werner's fleet starting in late 2022. This initiative aims to enhance sustainability and reduce carbon emissions within the transportation sector. The natural gas engine, featuring up to 500 horsepower and 1,850 ft-lbs of torque, is designed to meet strict emission standards without requiring selective catalytic reduction. Cummins' hydrogen engine offers adaptability for zero-carbon fuel options, promoting a transition to zero-emission transport.