June 21, 2016 - Industry News
FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.
Tags: Economy, Werner Enterprises, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings
May 11, 2016 - Industry News
Werner Enterprises has promoted Derek J. Leathers chief executive officer as part of a series of planned transitions in executive management.
Tags: Leadership, Werner Enterprises, People
April 20, 2016 - Industry News
UPDATED – Three large publicly held trucking fleets reported first quarter earnings on Wednesday with all showing a decline in profits from a year earlier.
Tags: Earnings, Knight Transportation, Landstar System, Fleet Earnings, Werner Enterprises
January 29, 2016 - Industry News
UPDATED -- Truck and engine manufacturer Paccar on Friday reported record annual revenue of $19.12 billion and record net income of $1.60 billion for 2015, but fell short of analysts’ expectations in the final quarter of the year.
Tags: Kenworth, Paccar, Peterbilt, Paccar Financial, Paccar Parts, Quarterly Earnings, Fleet Earnings, Werner Enterprises
December 1, 2015 - Industry News
Truckload and logistics provider Werner Enterprises is increasing pay for its 48-state solo-van company drivers, effective Jan. 1, 2016, the company has announced.
Tags: Werner Enterprises, Owner-Operators, Truckload, Driver Pay
November 10, 2015 - Industry News
Transportation and logistics provider, Werner Enterprises, announced the largest owner-operator per-mile increase in pay in company history.
Tags: Driver Shortage, Werner Enterprises, Owner-Operators, Driver Pay
October 22, 2015 - Industry News
Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.
Tags: Economy, Ryder, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings
September 23, 2015 - Industry News
Werner Enterprises is extending its Professional Truck Driver Apprenticeship Program from 12 to 24 months, after getting approval from the Department of Veteran Affairs.
Tags: Driver Shortage, Veterans, Werner Enterprises
September 1, 2015 - Industry News
Werner Enterprises announced it will groom President and Chief Operating Officer Derek Leathers for an even larger role in the company, setting the stage for a non-family member to potentially take the helm for the first time since it was founded by C.L. Werner in 1956.
Tags: Werner Enterprises, People, Leadership
August 12, 2015 - Industry News
C.L. Werner was elected chairman of the carrier he founded, Werner Enterprises, after Gary Werner stepped down.
July 20, 2015 - Industry News
Truckload and logistics provider Werner Enterprises reported record profit for the second quarter of the year on slightly lower revenue as it continues to make progress in implementing rate increases.
Tags: Economy, Werner Enterprises, Fleet Earnings
April 22, 2015 - Industry News
Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.
Tags: Werner Enterprises, Earnings
January 30, 2015 - Industry News
Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.
January 19, 2015 - Industry News
Werner Enterprises announced that it has hired more than 5,100 veterans in the last three years, surpassing a pledge it made in 2012 to hire 1,000 veterans per year for the next five years.
Tags: Truck Drivers, Veterans, Werner Enterprises, Hiring Veterans
November 7, 2014 - Industry News
Love's is opening a CNG station in Thomson Georgia, in part to offer a reliable place to fill up for Werner Enterprises CNG trucks operating in the area.
Tags: Georgia, Werner Enterprises, CNG Fueling Stations, CNG
October 21, 2014 - Industry News
According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.
July 21, 2014 - Industry News
Trucking and logistics company Werner Enterprises saw its profit slip in the second quarter of the year despite increased revenue.
July 18, 2014 - Industry News
Nebraska-based trucking and logistics company Werner Enterprises said Friday its Werner Global Logistics subsidiary has signed an agreement in principle to make an equity investment in Hercules Logistics, a logistics and asset-based transportation company headquartered in Shenzhen, China.
Tags: International, Werner Enterprises, Mergers & Acquisitions
May 27, 2014 - Industry News
Gloria Werner, one of the co-founders of the trucking company Werner Enterprises, died on May 20 at the age of 79.
Tags: Werner Enterprises, People
April 22, 2014 - Industry News
Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
January 28, 2014 - Industry News
Nebraska-based trucking and logistics company Werner Enterprises has reported a decline in net income for the fourth quarter and all of last year.
January 21, 2014 - Industry News
The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.
Tags: FMCSA, ATA, OOIDA, MAP-21, Regulations, Drivers, GAO, Werner Enterprises, FedEx, Congress
October 18, 2013 - Industry News
Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.
July 23, 2013 - Industry News
Werner Enterprises saw its total revenue fall 3% to $506.6 million in the second quarter compared to last year, while net income dropped 16% to $25.8 million. A cold, wet April was the primary culprit.
Tags: Werner Enterprises, Earnings, Fleet Financials
May 15, 2013 - Industry News
Slowly but steadily, freight demand is growing, said Derek Leathers, president and COO of truckload carrier Werner Enterprises, speaking at the ALK Transportation Technology Summit Wednesday.
Tags: ALK Technologies, Werner Enterprises, ALK Transportation Technology Summit
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