Werner Enterprises Reports Improved Q1 Results Amid Margin Gains
Werner Enterprises (WERN) reported improved first-quarter results, with narrowed losses and positive adjusted earnings driven by pricing gains, dedicated fleet expansion, and the FirstFleet acquisition. Total revenue rose 14% year-over-year to $808.6 million, and operating income turned positive at $4.0 million, reversing a loss from the prior year.
Topics: acquisition earnings fleet expansion freight market profitability revenue growth