Werner Enterprises Inc
Latest Werner Enterprises Inc News and Updates
Will Rise in Crude Oil Benefit US Truckload Carriers in 2018?
The average US on-highway diesel prices in 3Q17 have risen 20% compared to the same quarter last year.
Werner Enterprises Beat Q3 Estimates, Stock Fell 2.9%
Werner Enterprises announced its third-quarter results on October 18 and beat analysts’ adjusted EPS estimate of $0.59 by 7.3%.
J.B. Hunt’s Intermodal Revenues Grew in the Third Quarter
In the third quarter, the Intermodal segment’s revenues were $1.22 billion—up 16% compared to $1.05 billion in the third quarter of 2017.
Driver Shortage for Truckload Carriers and Q2 Employee Costs
The LTL (less-than-truckload) companies were nearly immune to the acute driver shortage faced by the US trucking industry until 2017.
How Major US Road Transporter Stocks Fared in 2018
In 2017, trucks hauled 10.8 billion tons of freight, representing 70.2% of all the domestic freight tonnage in the United States.
Why XPO Could Beat Analysts’ Q2 2018 Earnings Estimate
For XPO, analysts estimate adjusted EPS of $0.98 in the second quarter. That’s a 63.3% growth rate YoY (year-over-year).
How Have Major US Truckload Carrier Stocks Trended in 2018?
The US truckload segment is highly fragmented. The segment is expected to witness a lot of merger and acquisitions in upcoming quarters.
What Happened to Werner Enterprises’ Operating Margins in 4Q17?
Werner Enterprise earned an operating income of $45.1 million in 4Q17, a rise of 29% compared to its operating income of $35.0 million in 4Q16.
Did Werner Enterprises Surpass Analysts’ Estimates in 4Q17?
In 4Q17, Werner Enterprises (WERN) reported revenue of $567.4 million. The company beat Thomson Reuters–surveyed analysts’ consensus revenue estimate of $553.8 million by 2.4%.
What Sank CSX’s Intermodal Revenues in 4Q17?
CSX’s (CSX) intermodal revenues shrank 1.3% to $471.0 million in 4Q17, down from $477.0 million in the fourth quarter of 2016.
How the Electronic Logging Device Mandate Could Affect Truckers
Commercial vehicle drivers are required to install ELDs (electronic logging devices) in their vehicles by December 18, 2017.
Tracking the Truck Tonnage Index of US Truckload Carriers
The ATA’s advanced seasonally adjusted index of for-hire trucks rose 3.3% to 147.6 in October 2017 on a sequential basis, from 142.9 in the previous month.
US Truckload Carriers: Accelerating into 2018
Trucks currently haul ~70% of all merchandise shipped in the United States. Volumes are expected to reach ~10.7 billion tons in 2017 with $719 billion in revenues.
The Impact of the 2Q17 Adjusted Earnings of US Truckload Carriers
Swift Transportation’s adjusted earnings fell 26.5% in 2Q17 to $0.25 per share from $0.34 per share in 2Q16.
Will the Rise in Crude Oil Benefit US-Based Truckload Carriers?
Among the discussed companies, Heartland Express’s (HTLD) fuel cost as a percentage of operating expenses has risen 1.8% in 2Q17 to 19.7%.
How the Driver Shortage Impacts Truckload Carriers’ Employee Costs
The International Brotherhood of Teamsters, a major labor organization in the US, has been fighting against the implementation of legislation on autonomous trucks in the US.
Which Truckload Carriers Saw the Best Operating Margins in 2Q17?
Heartland Express’s operating margin grew 1.2% to 16.4% in 2Q17 compared to 15.2% in 2Q16.
Major Trucking Companies’ Stock Movement during the Last Year
Trucking companies’ fuel surcharge revenues are directly tied to fuel prices. With the momentum in fuel prices, surcharge revenues are expected to pick up.
Will Knight-Swift Transportation Shake Up the Trucking Industry?
On April 10, 2017, the North American trucking sector woke up to the ringing of merger bells. Major truckload carriers Swift Transportation and Knight Transportation announced that they would combine.
This Truckload Carrier’s Capital Expenditure Bucks the Trend
In the current weak freight regime, the extent of capital expenditure throws light on the growth prospects of these trucking carriers.
Pay Close Attention to Truckload Carriers’ Operating Margins
Heartland Express (HTLD) enjoys the highest operating margins of 15%–19% in our group under review.
Understanding the Impact of Hours-of-Service Rules on Truckload Carriers
In July 2013, the FMCSA of the US Department of Transportation extended safety regulations regarding truckload drivers’ hours of service.
Understanding the Impact of Customer Losses on Swift Transportation’s Refrigerated Segment
The average operational truck count in Swift Transportation’s Refrigerated segment has dropped by 220 trucks, or by 11.8%, in 2Q16, as compared to 2Q15.
Meet FedEx’s Technological Arm: FedEx Office
Memphis-based FedEx (FDX) bought Kinko’s printing chain for $2.4 billion in 2004 to compete with United Parcel Services’ (UPS) Mail Boxes.
JBHT’s Asset-Light Business: Integrated Capacity Solutions
J.B. Hunt Transport’s (JBHT) Integrated Capacity Solutions segment provides conventional freight brokerage and transportation logistics solutions.
J.B. Hunt Transport’s Dedicated Contract Services Division
J.B. Hunt Transport (JBHT) has a network of roughly 89 cross-dock locations throughout the US to support the company’s final-mile, or last-mile, delivery services.
What are ODFL’s most significant strengths and weaknesses?
Old Dominion Freight Line (ODFL) has a strong pricing discipline and best-in-class service capabilities.
How ODFL grew to become the fifth largest trucking company
Earl and Lillian Congdon founded Old Dominion Freight Line (ODFL) in 1934 with a single truck in Richmond, Virginia.
A look at Landstar’s business model
Landstar’s success is highly dependent on high revenue-generating sales reps, as well as on the volume increases by BCOs and customers.
What does the Insurance segment of Landstar do?
The insurance segment of Landstar System contributed about 1% to the company’s revenues for 2013, 2012, and 2011.
How Landstar System makes money
Landstar’s success lies in its ability to provide a complete logistics solution through various transportation modes and up-to-date technology.
Swift Transportation’s history of successful growth
Swift Transportation (SWFT) was founded in 1966. It was a small startup with just one truck. It was primarily operated by the owner.
J.B. Hunt’s Integrated Capacity Solutions segment
J.B. Hunt’s (JBHT) Integrated Capacity Solutions segment provides non-asset, asset-light, traditional freight brokerage and transportation logistics solutions to customers.