Werner Enterprises

Werner, UPS Freight among initial companies participating in pilot.

Earnings estimates continue to be cut by equity analysts, however their outlook for the stocks is positive.

Third quarter 2019 is likely to see another step down in earnings expectations for the year. Equity analysts have been busy lowering estimates on many publicly traded transportation companies.

Werner has seen freight fundamentals improve recently and is expecting the truck market to tighten as new regulation is implemented.

The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a belief that fundamentals aren’t getting materially worse, and attractive valuation multiples to become more positive on the stocks.

Heartland Express once again uses its strong financial position to acquire. The carrier has a pattern of building cash balances and finding accretive tuck-in deals.

Marten Transport to pay a $0.65 per share special dividend and increase its share repurchase program.

Schneider is closing its First to Final Mile delivery operation due to poor performance.

New categories to be added to types of crashes deemed “not preventable.”

Werner’s second quarter was $0.01 light of consensus and the company lowered its pricing forecast for the rest of 2019.

2019 is shaping up to be the worst year for trucking in the past five years.

Eroding fundamentals in the truckload carrier market have led analysts to lower their earnings estimates for the carriers they cover.

Werner Enterprises continues to invest in U.S.-Mexican trade, regardless of the ups and downs of President Donald Trump’s trade negotiations. In May, Werner opened a new 17,000-square foot refrigerated cross-dock operations facility in Laredo, Texas. The $8 million facility features 13 dry docks and eight refrigerated docks, according to a company statement. “We are proud […]

Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.

Landstar announced that it may not be able to meet the low-end of its guidance range as truckload spot market fundamentals remain weak.

FreightWaves spoke with Werner’s President and Chief Executive Officer Derek Leathers and Chief Financial Officer John Steele regarding the recent announcement in changes to the capital structure.

Werner announced a special cash dividend of $3.75. WERN’s last special dividend was $1.50 per share in 2012.

Werner Enterprises, Inc. reported non-GAAP adjusted earnings per share (EPS) of $0.52, $0.03 ahead of the consensus estimate.

Werner Enterprises, Inc. (NASDAQ: WERN), reported non-GAAP adjusted earnings per share (EPS) of $0.52, besting  the consensus estimate of $0.49 per share.

FedEx Freight, J.B. Hunt, Schneider National among companies with the most non-preventable accidents identified so far by FMCSA.