Werner Reports First Quarter Revenues Up 8%
Werner Enterprises Inc. said its operating revenues increased 8 percent to $491.9 million in first quarter 2006 compared to $455.3 million in first quarter 2005.
Werner Enterprises Inc. said its operating revenues increased 8 percent to $491.9 million in first quarter 2006 compared to $455.3 million in first quarter 2005.
Net income increased 11 percent to $22.0 million in first quarter 2006 compared to $19.9 million in first quarter 2005. Earnings per share increased 11 percent to $.27 per share in first quarter 2006 compared to $.25 in first quarter 2005.
Freight demand was slightly softer in January and February 2006 compared to a stronger freight market in January and February 2005. Freight demand continued to show softness in March 2006 but was about the same as March 2005, due principally to an easier comparison caused by a decline in seasonally adjusted freight demand from February 2005 to March 2005.
For much of first quarter 2006, freight demand was geographically weaker in the western United States. As first quarter 2006 progressed, the company experienced the typical seasonal improvement in freight demand from January to March.
Werner is benefiting from actions taken by the company during the last few years to lessen the impact of freight market fluctuations, particularly during first quarter that is historically the most challenging quarter of the year in terms of freight demand. These actions include managing more freight due to the expansion of the company's Value Added Services division, increasing high-service multimodal freight that gives Werner the flexibility to use either truck or truck/rail service options, and reducing the percentage of the fleet that has one-way freight shipments.
More Drivers

FDA Eases Path for Oral-Fluid Testing
Federal actions could advance oral-fluid drug testing for truck drivers, but lab certification delays and marijuana rescheduling questions remain.
Read More →
Why Hiring Truck Drivers Is Getting Harder
Higher recruiting costs, a shrinking driver pool, and renewed pay competition are raising the stakes for fleets heading into 2027.
Read More →
Roehl Offers Truck Drivers $10,000 Retention Incentive
Payments begin after the first load and continue in mileage-based installments for eligible experienced drivers joining the fleet.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
When Language Stops the Truck: The Return of ELP Out-of-Service Orders
English language proficiency rules for commercial drivers aren’t new, but renewed out-of-service enforcement has raised the stakes. Here’s what carriers need to know before a driver reaches a roadside inspection.
Read More →
Samsara Launches Custom AI Agent Builder
Agent Studio lets fleets create AI tools for hours-of-service monitoring, reporting and driver support, including agents that communicate by phone.
Read More →
Trucker Path Expands Reserved Parking Network
Trucker Path has added close to 6,000 more truck parking spaces to its Trucker Path Reserved Parking Network with the addition of Safe Truck Parking.
Read More →
EEOC Sues Texas Trucking Company Over Driver Age Limits
The agency says Trancasa USA rejected applicants over 65 and applied tougher driving-record standards to those over 60.
Read More →
Nussbaum, Roehl Announce Second Driver Pay Increase This Year
This year has seen a swath of major truck driver pay increases as freight capacity has tightened.
Read More →
From One Generation to the Next: How Mentorship Builds Safer Truck Drivers
After three decades in trucking, Harold Perry shares what he's learned about driver safety, mentorship, and helping the next generation build confidence behind the wheel.
Read More →
