werner enterprises' annual report
This item is included in our Werner Logistics segment in our Segment Information table. Corporate and Other (including driving schools) operating income decreased by $0.4 million. Box 45308 (2) Inter-segment eliminations represent transactions between reporting segments that are eliminated in consolidation. The following table summarizes (1) our 2021 guidance and assumptions compared to actual results and (2) introduces our 2022 guidance and assumptions: Werner Enterprises, Inc. will conduct a conference call to discuss fourth quarter 2021 earnings today beginning at 4:00 p.m. CT. Brokerage Standard Terms & Conditions Note: We do not offer technical support for developing or debugging scripted downloading processes. Consistent with prior reporting, market value increases or decreases for these strategic minority investments are adjusted out for determining non-GAAP adjusted net income and non-GAAP adjusted earnings per share. As an industry leader, Werner is deeply committed to promoting sustainability and supporting diversity, equity and inclusion. As of December 31, 2022, we had 2.3 million shares remaining under our share repurchase authorization. P.O. Opportunities Integration activities are proceeding on schedule. Notice is hereby given that the 2023 Annual Meeting of Stockholders of Werner Enterprises, Inc., a Nebraska corporation (the "Company"), will be held at the Embassy Suites Omaha-La Vista Hotel & Conference Center, 12520 Westport Parkway, La Vista, Nebraska, on Tuesday, May 9, 2023, at 10:00 a.m. Central Time for the following purposes: Additional information about the accident was included in our Current Report on Form 8-K dated May 17, 2018. repurchased, Acquired premier truckload carrier, Baylor Trucking in October 2022, Acquired leading asset-light logistics provider and truckload carrier, ReedTMS in November 2022, Partnership with Mastery Logistics Systems to accelerate supply chain automation, 100% of fleet equipped with collision mitigation, automated manual transmissions and forward-facing Logistics Global Services During fourth quarter, TTS company truck miles increased by approximately 0.6 million miles year over year, and independent contractor miles decreased by approximately 5.3 million miles. These trucks continued to depreciate at the same higher rate per truck, until all were sold. Contact:John J. SteeleExecutive Vice President, Treasurerand Chief Financial Officer(402) 894-3036. Shareowner Services To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Freight demand has continued to be strong so far in first quarter 2022. Cross-Border With 2021 revenues of $2.7 billion, an industry-leading modern truck and trailer fleet, over 13,500 talented associates and our innovative Werner EDGE technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. To supplement our financial results presented in accordance with generally accepted accounting principles in the United States of America (GAAP), we provide certain non-GAAP financial measures as defined by the SEC Regulation G, including non-GAAP adjusted operating income; non-GAAP adjusted operating margin; non-GAAP adjusted operating margin, net of fuel surcharge; non-GAAP adjusted net income attributable to Werner; non-GAAP adjusted diluted earnings per share; non-GAAP adjusted operating revenues, net of fuel surcharge; non-GAAP adjusted operating expenses; non-GAAP adjusted operating expenses, net of fuel surcharge; non-GAAP adjusted operating ratio; and non-GAAP adjusted operating ratio, net of fuel surcharge. Management believes excluding the effect of this item provides a more useful comparison of our performance from period to period. OMAHA, Neb., May 3, 2023 -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the first quarter ended March 31, 2023. Net capital expenditures in fourth quarter 2022 were $63.5 million compared to $30.3 million in fourth quarter 2021, an increase of 109%. Non-GAAP Adjusted Operating Margin We plan to continue to invest in new trucks and trailers and our terminals to improve our driver experience, optimize operational efficiency and more effectively manage our maintenance, safety and fuel costs. (3) During 2021, we incurred legal and professional fees related to our acquisitions of ECM and NEHDS. Final Mile We reserve the right to block IP addresses that submit excessive requests. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Werner provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Amortization expense for ECM and NEHDS is included in our Truckload Transportation Services and Werner Logistics segments, respectively, in our Segment Information table. Equipment Sales, About Werner (Annual sales and employees) You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. We are self-insured for a significant portion of bodily injury, property damage and cargo claims; workers' compensation claims; and associate health claims (supplemented by premium-based insurance coverage above certain dollar levels). Such forward-looking statements are based on information presently available to the Companys management and are current only as of the date made. Custom Solutions, Advantages St. Paul, MN 55164-0854 Blog, Freight Quote Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. At Werner Enterprises, Inc., we promise to treat your data with respect and will not share your information with any third party. OMAHA, Neb., February 7, 2023 -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the fourth quarter and year ended December 31, 2022. Global Services Terminals Publicly held since 1986, Werner provides access to financial and stock information, shareowner services, corporate governance, as well as our investor kit, annual reports, FAQs, news and awards, and more. Visit website Social Media Links REPORT RATINGS 4.8 / 5.0 (244) Resources Key Truckload Transportation Services Segment Financial Metrics, Adjusted operating margin, net of fuel surcharge (1), Adjusted operating ratio, net of fuel surcharge (1). Cross-Border Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/793074/000079307423000014/wern-20221231.htm. One-Way Truckload The Company is appealing this verdict. Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported results for the fourth quarter and year ended December 31, 2022. On a non-GAAP basis, adjusted diluted EPS of $1.13 increased 27%. (all metrics compared to fourth quarter 2020). 2021 and 2022 Guidance Metrics and Assumptions. NEHDS and Werner Logistics are combining their final mile businesses as Werner Final Mile. Cross-Border Key Werner Logistics Segment Financial Metrics. ReedTMS is a leading asset-light logistics provider and truckload carrier that offers a comprehensive suite of freight brokerage and truckload solutions to a diverse customer base. View source version on businesswire.com: Werners Standard Rules Tariff Temperature-Controlled A replay of the conference call will be available on February 3, 2022 at approximately 6:00 p.m. CT through March 3, 2022 by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) and using the access code 4012420. E-mail: invrelations@werner.com, Equiniti Trust Company P.O. Under our insurance policies in effect on the date of this accident, our maximum liability for this accident is $10.0 million (plus pre-judgment and post-judgment interest) with premium-based insurance coverage that exceeds the jury verdict amount. Please mention to the operator that you are dialing in for the Werner Enterprises call. Werner Enterprises Reports Fourth Quarter and Annual 2021 Results. Intermodal revenues (17% of Logistics revenues) decreased 23%, due to a 25% decline in shipments, partially offset by a 3% increase in revenues per shipment. (1) Other includes our driver training schools, transportation-related activities such as third-party equipment maintenance and equipment leasing, and other business activities. Effective income tax rate of 24.0% to 25.0% in 2023 compared to 4Q22 of 24.7%. 75 years and three generations of driving America forward. Phone: 800-228-2240 Werner Enterprises, Inc. 2016 Annual Report Trucking & Logistics Industry Update Driver Detention Impacts on Safety and Productivity Lowe's Truckload Carrier Website Addresses Werner 2020 Annual Report 2020 Media Kit Werner ESG Presentation November 2020 DISCLOSURE STATEMENT 2016 Top 50 Trucking Companies 2016 Top 50 Trucking Companies "We made significant progress executing our strategy in 2022, and also closed on two additive acquisitions in fourth quarter. P.O. P.O. Login, Drive Blue Public Company Incorporated: 1956 Employees: 7,521 Operating Revenues: $772.09 million (1997) Stock Exchanges: NASDAQ Ticker Symbol: WERN SICs: 4213 Trucking Except Local Werner Enterprises, Inc., headquartered in Omaha, Nebraska, is the fourth largest trucking company in the United States. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Werner Enterprises Inc (WERN) SEC Filing DEF 14A Proxy Statement Report for the fiscal year ending Tuesday, May 10, 2022 Home SEC Filings Werner Enterprises Inc (WERN) DEF 14A Proxy Statement Report Fri Apr 01 2022 Proxy Statements Form DEF 14A Werner Enterprises Inc CIK: 793074 Ticker: WERN GET DIRECTION ON YOUR INVESTMENTS Logistics Logistics However, fuel savings from mpg improvement is partially offset by higher depreciation expense and the additional cost of diesel exhaust fluid. Need to talk to an agent? Credit Application Investors Although we believe that they improve comparability in analyzing our period to period performance, they could limit comparability to other companies in our industry if those companies define these measures differently. Shareowner Services P.O. As an industry leader, Werner is deeply committed to promoting sustainability and supporting diversity, equity and inclusion. Become a Carrier Truckload Transportation Services revenues, Adjusted net income attributable to Werner (1). *See GAAP to Non-GAAP Reconciliation included in 1st Quarter 2023 Earnings Press Release found in the News and Such forward-looking statements are based on information presently available to the Companys management and are current only as of the date made. DRIVERS. OMAHA, Neb., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today reported third quarter operating income, net. The Werner Logistics portfolio includes North American truck brokerage, freight management, intermodal and final mile services. Werner Enterprises, Inc. will conduct a conference call to discuss fourth quarter 2022 earnings today beginning at 4:00 p.m. CT.
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