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, 2016BusinessLogistics
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, 2016Business
Werner's Second-Quarter Earnings to Trail Analyst Expectations
Werner Enterprises Inc. said difficult rate negotiations, lower spot-market prices and other factors in a sluggish freight market would reduce its second-quarter earnings to a range of 21 cents to 25 cents per share, which is below the average estimate of 40 cents per share based on Bloomberg’s analyst survey.
June 21, 2016Business
Clarence Werner, Carrier’s Founder, Steps Down as CEO, Succeeded by Leathers
Werner Enterprises Inc. said Clarence L. Werner, the company’s founder and first driver, has stepped down from his CEO position, which is being taken by Derek Leathers, the company’s president.
May 12, 2016Business
Werner Raises Fourth-Quarter Profit; Landstar Earnings Drop Slightly
Werner Enterprises Inc., which ranks No. 16 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, raised fourth-quarter net income 12% to $36.6 million, or 51 cents per share, and No. 10 Landstar earnings dipped 2% to $37.9 million, or 88 cents.
January 29, 2016Business
Werner Kicks Off 60th Anniversary Celebration; Plans Set for New Pennsylvania Terminal
Global Transportation and logistics company Werner Enterprises Inc. kicked off a yearlong celebration to mark its 60th anniversary, and the company has big plans for the Lehigh Valley in Pennsylvania.
January 7, 2016Business
Werner Increasing Pay for 1,400 Drivers
Werner Enterprises Inc. is increasing pay for about 1,400 drivers by an average of $5,000, effective Jan. 1.
December 1, 2015Business
Werner Launches 3-Year Mechanic Apprenticeship Program for Veterans
Werner Enterprises has started a 36-month diesel mechanic apprenticeship program that the truckload carrier said has been approved by the Department of Veterans Affairs.
November 23, 2015Business
Werner Enterprises Raises Owner-Operator Pay
Werner Enterprises Inc. announced a pay increase of 8 cents per mile for its solo van owner-operators who run nationwide routes that provides an increase of about $10,000 in gross revenue annually.
November 10, 2015