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Werner Enterprises (WERN) Stock News, Aug-Oct 2024

WERN NASDAQ

Werner Enterprises, Inc. reports news about truckload transportation and logistics services across the United States, Mexico and Canada. Company updates commonly cover Dedicated and One-Way Truckload operations, Werner Logistics services, truckload brokerage, freight management, intermodal transportation, final mile delivery and cross-border shipping capacity.

Recurring developments include quarterly operating results, fleet and utilization trends, customer retention, acquisition integration, dividend declarations, investment-conference communications and safety or driver-workforce recognition. News also reflects the role of Werner EDGE technology and intermodal assets in the company’s transportation network.

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Werner Enterprises (Nasdaq: WERN) has been named a 2024 'Top Food Chain Provider' by Food Chain Digest for the third consecutive year. This recognition highlights Werner's excellence in providing transportation and logistics services to food shippers. The company was selected through a rigorous evaluation process, including meeting minimum qualifications, demonstrating significant achievements in solving business problems for food shippers, and garnering votes from food manufacturers, retailers, and distributors.

Craig Callahan, Werner's Executive Vice President and Chief Commercial Officer, emphasized the company's diverse portfolio of service offerings and custom-built solutions for shippers. The honor reflects the dedication of Werner's professional drivers and associates in delivering exceptional service to food industry customers. Werner, with 2023 revenues of $3.3 billion, offers truckload transportation and logistics services across the United States, Mexico, and Canada.

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Werner Enterprises (Nasdaq: WERN) has been honored with the National Award for Outstanding Large Employer of Veterans by the American Legion. This prestigious award recognizes Werner's exceptional commitment to hiring and supporting veteran employees, with approximately 20% of its workforce consisting of veterans.

Werner offers uniquely designed programs and benefits for the military community, including:

  • Veteran hiring initiatives
  • Mentorship programs
  • Skills training and development opportunities

Greg Hamm, VP of Field and Government Recruiting, expressed pride in receiving the award and emphasized Werner's commitment to providing meaningful employment opportunities for veterans. Nathan Meisgeier, president and chief legal officer, highlighted the company's unwavering dedication to creating a thriving environment for veterans and their families.

Werner Enterprises, with 2023 revenues of $3.3 billion, is a leading transportation and logistics provider serving customers across the United States, Mexico, and Canada.

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Werner Enterprises (Nasdaq: WERN) has been awarded the 2024 SmartWay Excellence Award by the U.S. Environmental Protection Agency (EPA) for the ninth time. This prestigious recognition highlights Werner's leadership in freight supply chain energy and environmental performance. The company was honored in three categories: large truckload/dry van, small flatbed, and small intermodal-dray.

Werner's sustainability achievements include:

  • Investing in fuel-efficient trucks and trailers with advanced aerodynamic technology
  • Testing innovative fleet technologies like biodiesel fuel blends and electric vehicles
  • Optimizing routes and leveraging logistics technologies to minimize fuel consumption
  • Collaborating with industry partners to promote sustainable practices

The company aims to reduce its carbon footprint by 55% by 2035. Werner's commitment to sustainability not only benefits the environment but also drives efficiency and value for customers and stakeholders.

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Werner Enterprises (Nasdaq: WERN), a leading transportation and logistics provider, has announced its plans to release third quarter 2024 earnings on Tuesday, October 29, 2024, after market close. The company will host a conference call at 4:00 p.m. CT on the same day to discuss the results and provide a 2024 outlook.

Investors can access the news release, live webcast, and accompanying slide presentation on Werner's website. To join the call, dial (844) 701-1165 (domestic) or (412) 317-5498 (international). A replay will be available until November 29, 2024, by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) with access code 8096197. The webcast replay will also be accessible on Werner's website.

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Werner Enterprises (Nasdaq: WERN) is set to celebrate National Truck Driver Appreciation Week from September 15-21, 2024. The company plans to honor its professional drivers at various terminals and dedicated sites across its network. Werner's leadership, including CEO Derek Leathers and President Nathan Meisgeier, expressed gratitude for the drivers' essential role in the economy and their dedication to safe, punctual deliveries.

Werner emphasizes its commitment to drivers through top-tier safety programs, state-of-the-art fleet equipment, driver-centric technology, and competitive compensation. With 2023 revenues of $3.3 billion and a workforce of over 13,000 associates, Werner provides truckload transportation and logistics services across the United States, Mexico, and Canada. The company offers Dedicated and One-Way Truckload services, as well as Logistics services including brokerage, freight management, intermodal, and final mile delivery.

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Werner Enterprises (Nasdaq: WERN) has been named a 2024 Top Green Fleet by Heavy Duty Trucking, recognizing its commitment to reducing carbon emissions. The company aims to cut greenhouse gas emissions by 55% by 2035 through innovative operations, fleet advancements, and technology. Werner is actively testing sustainable truck models, alternative energy, and fuel options to increase efficiency and reduce idling.

This recognition places Werner among 15 companies addressing the transportation industry's carbon impacts. The company's 2024 goals focus on reporting and testing new strategies to further reduce emissions. Werner's efforts span fleet electrification, alternative fuels, cleaner engines, and 'green' facilities. With 2023 revenues of $3.3 billion, Werner operates across the US, Mexico, and Canada, employing over 13,000 associates and utilizing innovative EDGE® technology.

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Werner Enterprises (Nasdaq: WERN) has been recognized by Forbes as one of America's Best Employers for Women 2024, ranking #7 in the Transportation and Logistics category. This accolade highlights Werner's commitment to fostering an inclusive workplace for women. The recognition was based on a survey of over 150,000 women working for companies with at least 1,000 employees in the U.S.

Key points:

  • 16% of Werner's professional drivers are women, double the national average
  • Werner offers leadership development programs and mentoring opportunities
  • The company's Women's Leadership Alliance, founded in 2011, provides professional development experiences
  • Werner's 2023 revenues were $3.3 billion

This recognition reinforces Werner's dedication to promoting gender equality and empowering women in the transportation and logistics industry.

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Werner Enterprises (Nasdaq: WERN) has been named a 2024 Green Supply Chain Partner by Inbound Logistics for the 12th consecutive year. This recognition highlights Werner's commitment to sustainability and environmental leadership. The company aims to reduce greenhouse gas emissions by 55% by 2035 and has implemented innovative fleet technologies including CNG engines, battery electric vehicles, and a hydrogen fuel cell truck.

Werner has already achieved a 16% reduction in CO2 emissions compared to its 2020 baseline and participates in the EPA's SmartWay Transport Partnership. The company, with 2023 revenues of $3.3 billion, provides truckload transportation and logistics services across the United States, Mexico, and Canada, emphasizing sustainability as a key component of its Werner DRIVE℠ strategy.

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Werner Enterprises (Nasdaq: WERN) has announced a regular quarterly cash dividend of $0.14 per common share, payable on October 23, 2024, to stockholders of record as of October 7, 2024. This continues the company's tradition of paying quarterly dividends since July 1987. Werner Enterprises is a major transportation and logistics company operating across the United States, Mexico, and Canada, with 2023 revenues of $3.3 billion. The company boasts a modern fleet, over 13,000 associates, and innovative Werner EDGE technology. It offers Dedicated and One-Way Truckload services, as well as Logistics services including truckload brokerage, freight management, intermodal, and final mile solutions.

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Werner Enterprises (Nasdaq: WERN) has been recognized as the #3 Military Friendly® Company in the $1-5 billion revenue category for 2024, marking its second consecutive year in this position. The company also secured top rankings in several other Military Friendly® categories, including #5 Military Friendly® Employer, #3 Military Friendly® Spouse Employer, and #3 Military Friendly® Brand.

Werner's commitment to the military community is evident, with approximately 20% of its workforce comprised of veterans. The company offers tailored programs and benefits for military personnel, including a Military Skills Test Waiver Program and VA Educational Benefits. Additionally, Werner's Vice President of Field and Government Recruiting, Greg Hamm, has been named to the 2024 Veteran Champions of the Year in Corporate America list.

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FAQ

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

Werner Enterprises (WERN) last closed at $27.84.

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

The market cap of Werner Enterprises (WERN) is approximately $1.7B.