Werner Enterprises reported fourth-quarter net income of $30.6 million Jan. 29, or earnings per diluted share of 42 cents, beating expectations of analysts surveyed by Bloomberg of $27.8 million and 39 cents per share. Earnings per share in the year-ago quarter was 30 cents.
January 29, 2018Government, Business, TCA
Proposed Werner Facility in Limbo After Pennsylvania Town Runs Out of Time to Vote
A proposal for a trucking facility in Palmer Township remains in limbo after supervisors ran out of time to vote on a conditional use permit after a three-hour meeting Aug. 14.
August 15, 2017Business
Most Truckload Carriers Expect to Report Lower Earnings in Second Quarter
The truckload industry continued to struggle in the second quarter and earnings are expected to be down year-over-year for most carriers, based on forecasts from industry analysts and interviews with several fleets.
July 7, 2017Business
Werner to Implement MacroPoint’s Load Tracking Platform
Werner Enterprises will implement MacroPoint’s freight tracking platform in its North American logistics business, the companies said in a joint announcement.
May 16, 2017Business
Werner Enterprises Joins Pursuit of Final-Mile Delivery
The business of delivering goods purchased online that are too large or too heavy for parcel carriers just got a little more crowded, as truckload carrier Werner Enterprises joins the pursuit with the launch of Werner Final Mile.
May 16, 2017TCA
Pennsylvania Town Tables Proposed Werner Facility, Again
The need for a pavement study and intersection analysis kept a proposed trucking facility in Palmer Township, Pa., from gaining planning board approval.
May 10, 2017Government, Business
Trucking Executive Calls on Congress to Raise Fuel Taxes
WASHINGTON — Raising the federal tax on fuel and indexing it to inflation would be the most ideal approach for restoring long-term funding for big-ticket infrastructure maintenance programs, Werner Enterprises Inc. CEO Derek Leathers told a Senate panel on April 4.Â
April 5, 2017Business
Werner Profits Drop 40% But Still Top Analyst Forecasts
Werner Enterprises Inc. continued a difficult quarter for truckload companies, suffering a 40% drop in profits to close out this past year but still beating the lackluster forecast of analysts.
January 30, 2017Business
Werner Enterprises Expands Terminal in Laredo, Texas
Werner Enterprises Inc. finished a project to improve and expand the truckload company’s Laredo, Texas, terminal, the company announced Dec. 14.
December 14, 2016Business, Logistics
Swift Lawsuit Reinstated; Marten Case Dismissed
A class-action lawsuit filed by more than 80,000 drivers against Swift Transportation has been reinstated after a ruling from the Arizona Court of Appeals, but another lawsuit against Marten Transport was dismissed by the U.S. Court of Appeals.
July 25, 2016