Werner Enterprises says end of downcycle getting closer

Werner Enterprises said Tuesday the end of the downcycle appears to be getting closer. With a first quarter marked by inclement weather and higher insurance expenses in the rearview, it expects normal seasonal trends to take hold the rest of the year.

Werner (NASDAQ: WERN) reported first-quarter net income of $6.3 million compared to $35.2 million in the same period of 2023. When adjusted for items expected to not recur or items considered not part of normal operating activities...

https://www.freightwaves.com/news/werner-enterprises-says-end-of-downcycle-getting-closer

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon