Stock Data
$0.64 (1.74%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
TRUCKING
Werner Enterprises Inc is a key player in the transportation and logistics industry, primarily focusing on truckload shipments across the United States, Mexico, and internationally. With a diverse fleet that includes medium-to-long-haul vans, expedited teams, regional short-haul, and temperature-controlled trucks, Werner caters to a wide range of needs from consumer nondurables to temperature-sensitive products. Additionally, its Werner Logistics segment offers comprehensive non-asset-based services like truck brokerage, rail transportation, and large item deliveries. Founded in 1956 and based in Omaha, Nebraska, Werner boasts a significant presence with thousands of trucks and trailers, supporting retail and manufacturing sectors extensively.
Werner missed EPS by 4.4% as FirstFleet acquisition costs weighed on the bottom line, but the strategic pivot is working: Dedicated contracts now represent 80% of the Truckload fleet versus 65% a year ago, with adjusted operating income surging 67%. Revenue beat consensus by a hair at $934M, driven by 36% growth in Truckload Transportation Services.
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