Werner Entprise Stock Price, News & Analysis

Embark, an autonomous trucking technology developer, has initiated its Partner Development Program in collaboration with Werner Enterprises, Mesilla Valley Transportation, and Bison Transport. This program aims to enhance autonomous trucking efficiency and safety by allowing carriers to operate Embark-equipped trucks through a software-based licensing model. Key solutions include the Embark Driver for navigation and the Embark Guardian for fleet management. The initiative seeks to leverage carriers' expertise while expanding autonomous truck deployment across U.S. freight lanes. Additionally, major shippers like AB InBev are participating to optimize integration.

Werner Enterprises, Inc. (NASDAQ: WERN) will announce its Q1 2021 earnings on April 28, 2021, post-market close, followed by a conference call at 4:00 p.m. CT. The call will cover the earnings results and an updated outlook for 2021. Investors can access the earnings release and live webcast on the company’s Investors section of its website. A replay will be available after the call until May 28, 2021. Werner, a leading transportation and logistics provider, is headquartered in Omaha, Nebraska, and operates across North America.

Werner Enterprises (NASDAQ: WERN) announces its Driver Appreciation Spring Celebration from March 29 to April 9, 2021. This annual event honors professional drivers with complimentary meals and gifts at terminals nationwide. With over 10,000 drivers covering three million miles daily, the initiative emphasizes Werner's commitment to recognizing their hard work, especially during the pandemic. Founded in 1956, Werner is a leading transportation and logistics provider, with operations across North America and a diverse service portfolio.

Werner Enterprises (NASDAQ: WERN) announced a quarterly cash dividend of $.10 per share, payable to stockholders on May 4, 2021. This marks an increase of $.01 (11%) from the previous dividend of $.09 per share. Stockholders must be on record by April 19, 2021, to qualify for this payment. Werner has consistently paid dividends every quarter since July 1987, reflecting its strong commitment to returning value to shareholders. Founded in 1956, the company is a leading transportation and logistics provider across North America.

Werner Enterprises (NASDAQ: WERN) has opened a new 91,000 square-foot terminal in Lake City, Florida, enhancing operational capabilities. The facility occupies 36 acres and features modern driver amenities such as a lounge, fitness room, and shower facilities. It aims to host driver safety courses and provide nearly 70 local jobs. The terminal is a key part of Werner's 5Ts + S strategy, focusing on sustainability and driver support. This investment reflects Werner's commitment to improving driver experiences and operational efficiency amid evolving industry challenges.

Werner Enterprises reported its fourth quarter 2020 financial results, showcasing total revenues of $620.3 million, flat year-over-year and up 5% sequentially. Operating income climbed 24% YoY to $81.5 million, while diluted EPS rose 26% to $0.88. Notably, the company's operating margin improved 250 basis points to 13.1%. Despite flat revenues, effective cost management led to margin expansion. The logistics segment saw an 8% revenue increase, though the operating margin decreased. Cash flow from operations reached $99.5 million.

Werner Enterprises (NASDAQ: WERN) announced its participation in two virtual transportation and logistics conferences. The first is the Stifel 2021 Virtual Transportation and Logistics Conference on February 9, 2021, featuring a fireside chat from 10:20 to 10:50 a.m. CT with CEO Derek J. Leathers and CFO John J. Steele. The second is the Barclays Industrial Select Conference on February 17, 2021, from 9:50 to 10:20 a.m. CT. Live webcasts will be available on its website, with archives accessible for 30 days. For updates, visit Werner's website.

Werner Enterprises has launched a new carrier portal, Carrier’s EDGE, aimed at enhancing communication and visibility for alliance carriers. This platform allows carriers to access Werner freight, manage preferences, view tracking, and directly communicate with Werner associates anytime. As part of Werner EDGE's commitment to innovation, the portal integrates with Trucker Tools for improved freight matching and management. New features will be added throughout the year to further enhance the carrier experience.