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Stock impact report

Logistics leaders brace for Fern 5 years after ‘Great Texas Freeze' [Yahoo! Finance]

Werner Enterprises, Inc. (WERN) 
Last werner enterprises, inc. earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.werner.com
Company Research Source: Yahoo! Finance
Fern prepares to bring snow and hazardous icy conditions to major freight hubs including Dallas, Atlanta, Nashville, and Memphis. The storm is set to test critical supply chain routes along the I-75 and I-40 corridors—arteries that carry up to 75% of all U.S. freight. The Southeast is considered especially vulnerable, as its infrastructure is less equipped to handle the icy roads that paralyzed the region during 2021's historic “Great Texas Freeze.” A historic winter storm that swept across the country in February 2021 serves as a recent case study for winter weather hindering the logistics industry. Described in a FreightWaves SONAR report as the worst on record in 18 years, the February 11-20, 2021 winter storms blanketed approximately 75% of the U.S. population in snow. The impact on freight movement was immediate and severe, with the Southwest region hit hardest. Outbound tender volumes plummeted by 19.1% week-over-week. Concurrently, tender rejections in the region soared Show less Read more
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