U.S. Supply Chain Compromised as Pandemic Causes Trucker Shortage to Worsen
Werner Enterprises, Inc. (WERN)
Last werner enterprises, inc. earnings: 4/28 04:05 pm
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Source: PR Web
ST. PETERSBURG, Fla. (PRWEB) December 20, 2021 The COVID-19 pandemic has disrupted supply chains around the world. In the U.S., 94% of Fortune 1000 companies are seeing pandemic-related disruptions, and 75% have experienced a negative or strongly negative impact on their business.(1) In the U.S., the disruption has exacerbated an already serious shortage of truckers; the American Trucking Associations (ATA) now estimates the shortage at 80,000 drivers.(2) "We need to train and license a new generation of truckers," says Brad Ball, President, Roadmaster Drivers Schools. "Our new center in Columbia, South Carolina--one of a series of new facilities we are opening--will help respond to this situation by bringing new workers to the trucking industry and new opportunities to people who need good jobs."The global supply chain disruption, notes Ball, began early in 2020, when factories in Asia and Europe, hit hard by the pandemic, were forced to shut down or reduce production. In response,
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WERN
News
- Werner (WERN) Misses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- E-commerce, onshoring drive Q1 demand for Link Logistics [Yahoo! Finance]Yahoo! Finance
- Werner Enterprises, Inc. (NASDAQ:WERN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at JPMorgan Chase & Co. from $37.00 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Werner Enterprises, Inc. (NASDAQ: WERN) had its price target lowered by analysts at Evercore ISI from $39.00 to $35.00. They now have an "in-line" rating on the stock.MarketBeat
WERN
Earnings
- 4/30/24 - Miss
WERN
Sec Filings
- 4/30/24 - Form 8-K
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- WERN's page on the SEC website