Werner's first quarter earnings roll ahead
Apr 24, 2006 9:57 AM, from staff and wire reports
Werner Enterprises Inc's operating revenues increased 8% to $491.9 million in first quarter 2006 compared with $455.3 million in first quarter 2005. Net income for the Omaha NE-based truckload transportation and logistics company rose 11% to $22.0 million in first quarter 2006 versus $19.9 million in first quarter 2005.
The carrier is benefiting from actions it took in the past few years to lessen the impact of freight market fluctuations. These actions include managing more freight due to the expansion of the company's Value Added Services division, increasing high-service multimodal freight that provides the flexibility to use either truck or truck/rail service options, and reducing the percentage of the fleet that has one-way freight shipments.
