Topic
werner
Logistics Werner unfazed by July trucking slowdown as supply-driven recovery holds
Werner Enterprises executives remain confident despite the July truckload spot market slowdown, citing a supply-led recovery driven by regulatory enforcement. Q2 one-way TL metrics improved sharply, and the company expects rate per mile to rise 10%-13% in Q3. Peak season is expected to bring significantly higher rates.
Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade
Werner Enterprises reported strong Q2 results, with revenue per truck per week in its One-Way segment rising 27.7% to $6,114, the highest growth in a decade. The improvement came from a 34% reduction in average truck count and a 15.7% increase in miles per truck. The Dedicated fleet grew 43.7% to 6,976 trucks due to the FirstFleet acquisition, with revenue per truck up 5.4%.
Logistics Texas Court Clears Shipper Liability in Home Depot Case
A Texas court has ruled that Home Depot is not liable for a crash involving Werner Enterprises, impacting shipper liability discussions. This decision follows a contrasting ruling in the Montgomery vs. Caribe Transport II case.