Reported about 12 hours ago
Werner Enterprises reported a tough fourth quarter with adjusted earnings per share of 8 cents, significantly lower than expectations due to $19 million in claims expenses. CEO Derek Leathers highlighted favorable trends in the truckload market, including increased tender rejections, despite operational challenges from rising insurance costs. Looking ahead, Werner projects modest revenue increases for 2025 while continuing to implement safety and cost-saving measures.
Source: YAHOO