Push to let teens drive trucks interstate divides the industry [FOX Business Network]
Werner Enterprises, Inc. (WERN)
Last werner enterprises, inc. earnings: 4/28 04:05 pm
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Source: FOX Business Network
Proposed legislation to test letting people as young as 18 years old drive big rigs interstate is exposing a divide in the trucking sector, where companies are having trouble finding workers for the grueling job of hauling goods over long distances. A provision in the infrastructure bill the Senate approved in August would set up a pilot program allowing 18- to 20-year-olds to drive tractor-trailers across state lines. Most states allow people under 21 to get commercial driver's licenses, but federal rules restrict those drivers to working within state borders. Some in the industry say the measure could help expand the pool of available drivers. But others say it wouldn't address core problems that cause people to leave trucking for other blue-collar work such as construction. Those issues include demanding work conditions and pay too low to compensate for the long hours behind the wheel and time away from home. "If you've got holes in the bucket, no matter how much water you p
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WERN
News
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at Bank of America Co. from $35.00 to $34.00. They now have an "underperform" rating on the stock.MarketBeat
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WERN
Earnings
- 2/6/24 - Miss
WERN
Sec Filings
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- 4/2/24 - Form ARS
- WERN's page on the SEC website