Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
Werner Enterprises v. Blake: Texas Supreme Court Reverses $100 Million Verdict Introduction to the Case In a significant legal decision, the Texas Supreme Court ruled in favor of Werner Enterprises, Inc. and its driver, Shiraz A. Ali, reversing a $100 million verdict previously upheld by an appellate court. The case stemmed from a 2014 fatal […]
Tough times at Werner have led the company to temporarily suspend the 401(k) match for employees.
Regulators are modifying their truck-crash data system but without a change owner-operators contend would have ensured drivers are not unfairly targeted.
A decertification effort by a small group of unionized workers at a Werner unit in New Jersey has ousted the United Food & Commercial Workers union a year after it was certified.
Sitetracker helps companies like ChargePoint automate tasks surrounding getting electric charging points up and running faster.
Trucking industry leaders said at an investor conference that the weak truckload fundamentals seen in the third quarter have continued through the fourth.
Truckload carrier management teams are becoming more encouraged that freight markets are balancing.
The negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and the outlook for the sector.
