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Stock impact report

Truckload carriers hopeful but not calling cycle turn yet [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
That said, the long slog back to market equilibrium continues as the industry slowly purges the excess capacity added during the freight boom. “By no means am I here saying I think we're at a turning point or an inflection point, but I do believe, just like it took a long time to get this low and we stayed this low for this long, it's taken us awhile to maybe pick up on some of the signals that are out there in front of us that seem to be more positive,” said Derek Leathers, chairman and CEO of Werner Enterprises ( NASDAQ: WERN ), at Wolfe Research's annual transportation and industrials conference in New York. Leathers pointed to a notable decline in the number of trucks posted on load boards during the past two months and a more normal tightening in capacity during International Roadcheck , an annual 72-hour inspection blitz by law enforcement, held last week. He also said recent customer conversations have been positive and that all the discount retailers Werner serves under de Show less Read more
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