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Werner CEO Derek Leathers and Operation Freedom driver Quentin Ward were among the "everyday Americans" speaking Thursday at a press conference in the Rose Garden on the benefits of the tax reform bill signed into law by President Trump last December.
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Two major trucking companies on Monday announced huge increases in their earnings for the final quarter of 2017 and for all of last year, both due to changes made by Congress in federal tax laws.
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Three trucking fleets issued their third quarter earnings reports on Thursday, with two showing profits increasing significantly from the same time a year earlier, while the third was healthy but nearly the same as it was a year earlier.
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Trucking and logistics provider Werner Enterprises has reported that its earnings climbed 27% for the second quarter, compared to the same period a year ago.
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The rising tide of e-commerce has prompted Werner Enterprises to launch Werner Final Mile, a logistics solution that will primarily deliver large or heavy items using two uniformed associates operating a straight truck with lift gate.
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Profit for trucking and logistics provider Werner Enterprises Inc. fell 20% in the first quarter of the year compared to the same time in 2016 while refrigerated carrier Marten Transport Ltd. reported the same earnings as a year ago.
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FedEx Freight President and CEO Mike Ducker and Werner Enterprises President and CEO Derek Leathers both testified before a Senate panel on April 4 that the U.S. must invest more in highway infrastructure.
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Earnings for trucking and logistics company Werner Enterprises Inc. took a bit of a dive in not just the final quarter of last year but for all of 2016 as it said it continued to make a significant investment in its business.
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UPDATED -- The third quarter earnings season continued on Thursday with the release of reports showing more trucking companies had lower earnings compared to a year ago, with another held on.
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Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.
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