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4/18/2012 5:00:00 PM Write a Letter to the Editor Write a letter to the Editor

Werner’s First-Quarter Profit Rises 30%


Tom Biery/Trans Pixs

Werner Enterprises said late Wednesday its first-quarter profit rose 30% on “more steady and balanced” freight trends early this year.

Net income rose to $21.2 million, or 29 cents per share, from $16.3 million, or 22 cents, a year ago.

Revenue rose 6% to $498.4 million, the truckload carrier said in a statement, citing warm weather in the first three months of the year.

Trucking revenue net of fuel surcharges rose 1.5% to $321.2 million, while non-trucking revenue including brokerage and logistics, jumped 20.6% to $79.8 million.

Werner Enterprises is ranked No. 11 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

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