Reported about 4 hours ago
At the Morgan Stanley Laguna Conference, Werner Enterprises expressed optimism about a gradual market recovery, noting modest operational improvements despite ongoing freight recession challenges. They reported positive trends in demand, particularly in dedicated and logistics services, but pricing levels are still insufficient to cover rising costs. While competitors like Schneider National remain cautious, Werner identifies potential supply factors that could drive growth, including the exit of drivers and the reduction of private fleet units. Overall, the market outlook, though strained, shows signs of positive momentum.
Source: YAHOO