Reported about 17 hours ago
Werner Enterprises CEO Derek Leathers discussed how ongoing capacity attrition and enforcement actions may lead to a more balanced freight market as the company faces a $20.6 million loss in Q3. He emphasized the importance of technology and dedicated fleet growth to enhance efficiency and navigate the difficult freight environment, predicting continued softness but potential recovery amidst increased compliance measures. Leathers also called for industry-wide tort reform to address current legal disparities affecting interstate carriers.
Source: YAHOO