Reported about 12 hours ago
In a recent earnings call, Werner Enterprises CEO Derek Leathers acknowledged the company's disappointing financial performance in the first quarter, citing both industry and company-specific challenges. He emphasized the need for decisive actions to address these issues and mentioned the company's strong liquidity following a new credit line. Leathers discussed the impact of tariffs, operating margins, elevated insurance costs, and compliance with English proficiency regulations for drivers, assuring that the company is positioned to adapt to market changes.
Source: YAHOO