Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
The transportation and logistics industry is still dealing with the residual effects of the pandemic, including accelerated technological advances, a tough labor market and an inconsistent supply chain.
With security breaches on the rise, companies across the industry realize that their current strategies are not doing enough to safeguard their systems, files and data.
Werner’s senior vice president discusses how technology impacts brokers and truck drivers during FreightWaves’ Small Fleet & Owner-Operator Summit.
Cloud-based solutions – think Uber and Airbnb – have quickly overtaken their more traditional competitors in other industries. In time, a similar trend will likely be observed in transportation and logistics.
With all the uncertainty the COVID pandemic has brought to the freight markets, deploying the right technology provides the clarity shippers need to maximize supply chain efficiency.
FHWA has awarded a contract for a platooning study, Schneider could be looking at an acquisition and UPS has an earnings surprise.
With companies like Convoy achieving a $1 billion valuation in roughly four years, or publicly-traded companies like Uber and Amazon encroaching on the brokerage space, it is getting harder for the smaller, “relationship-based” brokers to compete. Whether it’s managed transportation, trailer pooling, warehousing or last-mile, brokers should be looking for ways to increase their value, […]
Werner Enterprises Inc. reported net income of $39 million, or $0.56 per share, for the third quarter in 2019.
A New Mexico jury awarded the family of a woman killed in a February 2017 crash involving a student driver for Werner Enterprises Inc. around $40.5 million in damages on Oct. 11 following a two-week trial.
