Werner’s Fourth-Quarter Earnings Rise 34%
Werner Enterprises said its fourth-quarter profit jumped 34% on higher freight demand.
The truckload carrier’s net income was $24.1 million, or 33 cents per share, up from $18 million, or 25 cents, a year earlier. Revenue rose 5% to $463.2 million.
For the full year, Werner’s profit rose to $80 million, or $1.10 per share, from $56.6 million, or 79 cents. Revenue improved to $1.82 billion, from $1.67 billion.
Werner Enterprises is ranked No. 13 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
