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Werner Entprise - WERN STOCK NEWS

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., founded in 1956, is a leading transportation and logistics company with operations spanning the United States, Canada, Mexico, Asia, Europe, and South America. The company is headquartered in Omaha, Nebraska and has offices throughout North America and China. Werner ranks among the five largest truckload carriers in the U.S., offering a wide range of transportation services from dedicated, medium-to-long-haul, regional, and local van capacity to expedited, temperature-controlled, and flatbed services.

Werner's value-added services portfolio is extensive, incorporating freight management, truck brokerage, intermodal services, load/mode and network optimization, and freight forwarding. The company, through its subsidiaries, holds various licenses including U.S. NVOCC, U.S. customs broker, licensed freight forwarder in China, licensed China NVOCC, TSA-approved indirect air carrier, and IATA accredited cargo agent.

Werner Enterprises operates two primary segments: Truckload Transportation Services (TTS) and Werner Logistics. The TTS segment handles the majority of Werner's revenue, focusing on full-truckload transportation services predominantly within the United States. Recent expansions and partnerships have strengthened Werner’s market position, enabling it to offer comprehensive logistics solutions tailored to their clients’ needs.

The company consistently invests in innovative technologies to enhance operational efficiency and customer satisfaction. This includes advancements in fleet management systems, real-time tracking, and data analytics to optimize route planning and load management. Werner's commitment to sustainability is evident through its initiatives to reduce carbon emissions and promote eco-friendly business practices.

As a prominent player in the logistics industry, Werner Enterprises continues to adapt to market demands and industry trends, ensuring reliable and efficient services for its diverse customer base. Recent achievements and ongoing projects highlight Werner’s dedication to growth and excellence in transportation logistics.

News

Werner Enterprises to Participate in Three Investment Conferences

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Werner Enterprises, Inc. (Nasdaq: WERN) is participating in several investment conferences in 2024, including Stifel 2024 Transportation and Logistics Conference, Citi’s 2024 Global Industrial Tech and Mobility Conference, and Barclays 41st Annual Industrials Select Conference. The company will have investor meetings and fireside chat presentations at these events. Werner's 2022 revenues were $3.3 billion, and it provides truckload transportation and logistics services across the US, Mexico, and Canada.
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Werner Enterprises Names Nathan Meisgeier as President

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Werner Enterprises, a premier transportation and logistics provider (Nasdaq: WERN), appointed Nathan J. Meisgeier as President, effective January 5, 2024, upon the recommendation of Chairman and CEO Derek J. Leathers. Meisgeier, who has been with Werner since 2005, will continue to hold the position of Chief Legal Officer. He is known for his transformative leadership and strategic vision, having been a key member of the executive team since 2016. With a background in law and economics, Meisgeier's appointment is a testament to Werner's depth and strength in leadership.
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Werner Enterprises to Release Fourth Quarter and Full Year 2023 Earnings and Host Earnings Call on February 6, 2024

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Werner Enterprises, Inc. (Nasdaq: WERN) to release Q4 and full year 2023 earnings on February 6, 2024. Conference call to discuss results and 2024 outlook.
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Werner Named a 2023 Top Company for Women

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Werner Enterprises (Nasdaq: WERN) has been honored as one of the 2023 'Top Companies for Women to Work For in Transportation' by the Women in Trucking (WIT) Association's Redefining the Road magazine. This recognition, awarded for the sixth consecutive year, is based on a survey evaluating recruitment approaches, workplace culture, retention efforts, and professional development opportunities. Werner's commitment to creating a diverse and inclusive workplace where women thrive has been acknowledged by more than 27,000 transportation professionals who participated in the industry-wide vote.
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Werner Enterprises Announces Quarterly Dividend

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Werner Enterprises, Inc. (Nasdaq: WERN) declares a regular quarterly cash dividend of $0.14 per common share. The dividend will be paid on January 17, 2024, to stockholders of record at the close of business on January 2, 2024. Werner has paid a quarterly cash dividend since July 1987. With 2022 revenues of $3.3 billion, Werner provides truckload transportation and logistics services across the United States, Mexico, and Canada, emphasizing sustainability and diversity.
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Werner Earns Multiple Awards Recognizing Military Employment Efforts

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Werner Enterprises (Nasdaq: WERN) has been recognized with two prestigious Military Friendly® designations for 2024, ranking No. 3 on the Top 10 Military Friendly® Spouse Employer list and No. 5 on the Top 10 Military Friendly® Employer list. The company also earned No. 49 on the 2023 Military Times Best for Vets: Employers list, highlighting its commitment to supporting veterans’ post-military careers. With 18% of its workforce as veterans, Werner offers tailored programs and benefits for the military community, including a Military Skills Test Waiver Program, Skillbridge/Career Skills Program, VA Educational Benefits, Operation Freedom Fleet, ‘WEVets’ Veteran Resource Group, and Deployment Support.
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Werner Publishes Third Corporate Social Responsibility Report

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Werner Enterprises (WERN) Announces Publication of Third Corporate Social Responsibility Report, Demonstrating Commitment to ESG Efforts
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Werner Appoints Michelle D. Greene to Board of Directors

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Werner Enterprises announces the appointment of Michelle D. Greene to its Board of Directors, filling the seat previously held by Kenneth M. Bird. Greene brings extensive information technology and business services experience and will serve on the Audit Committee and the ESG Committee. She currently serves as the Executive Vice President, Chief Information Officer at Cardinal Health.
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Werner Enterprises Reports Third Quarter 2023 Results

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Werner Enterprises, Inc. reported its third-quarter 2023 results. Total revenues were $817.7 million, down 1% compared to the same quarter last year. Operating income decreased by 50% to $37.9 million. Diluted EPS was $0.37, down 57%. The company's Logistics segment saw revenue growth for the 12th-straight quarter. However, pricing and margin pressures persisted in Logistics, and soft freight demand reduced overall fleet size in Truckload Transportation Services.
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Werner Associate Named a 2023 Heavy Duty Trucking Emerging Leader

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Werner Enterprises announces that Caty Simandl, operations supervisor, was selected as a recipient of Heavy Duty Trucking’s Emerging Leaders award. Simandl is recognized for her leadership qualities and outstanding accomplishments in the transportation industry.
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FAQ

What is the current stock price of Werner Entprise (WERN)?

The current stock price of Werner Entprise (WERN) is $33.7 as of February 21, 2025.

What is the market cap of Werner Entprise (WERN)?

The market cap of Werner Entprise (WERN) is approximately 2.1B.

What services does Werner Enterprises offer?

Werner Enterprises offers a range of transportation services including dedicated, medium-to-long-haul, regional, and local van capacity, expedited, temperature-controlled, and flatbed services.

Where is Werner Enterprises headquartered?

Werner Enterprises is headquartered in Omaha, Nebraska.

In which regions does Werner Enterprises operate?

Werner operates in the United States, Canada, Mexico, Asia, Europe, and South America.

What are Werner Enterprises' primary business segments?

Werner Enterprises operates through two primary segments: Truckload Transportation Services (TTS) and Werner Logistics.

How does Werner Enterprises contribute to sustainability?

Werner Enterprises invests in eco-friendly practices and technologies to reduce carbon emissions and enhance operational efficiency.

What value-added services does Werner provide?

Werner's value-added services include freight management, truck brokerage, intermodal services, load/mode and network optimization, and freight forwarding.

Is Werner Enterprises involved in international logistics?

Yes, Werner Enterprises is a licensed freight forwarder in China and holds various international logistics certifications and licenses.

How does Werner Enterprises use technology in its operations?

Werner utilizes advanced fleet management systems, real-time tracking, and data analytics to optimize route planning and load management.

What is the main revenue source for Werner Enterprises?

The majority of Werner's revenue comes from full-truckload transportation services predominantly within the United States.

When was Werner Enterprises founded?

Werner Enterprises was founded in 1956.
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Werner Entprise

Nasdaq:WERN

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WERN Stock Data

2.11B
58.92M
4.28%
96.14%
5.88%
Trucking
Trucking (no Local)
Link
United States
OMAHA