Wabash Announces ABL Amendment to Accelerate Trailers as a Service (TaaS) Initiative
Wabash National Corporation (WNC)
Last wabash national corporation earnings: 2/12 06:50 am
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US:NYSE Investor Relations:
ir.wabashnational.com
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Source: GlobeNewswire
LAFAYETTE, Ind., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced an amendment to its asset-backed lending facility, increasing the total credit facility to $350 million and creating additional liquidity of up to $125 million. The increased liquidity is anticipated to be used to accelerate the availability of Wabash’s Trailers as a Service (TaaS)™ offering. TaaS provides access to trailers, supported by Wabash’s national dealer network as well as a recently announced parts distribution network. This rapidly evolving ecosystem is a key element of Wabash’s Parts and Services growth strategy and provides a new stream of recurring revenue. “Our strategy seeks to further Wabash’s competitive advantage over the next decade by investing in our existing competencies and developing new capabilities,” said Brent Yeagy, president and chief executive officer. “Our T
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News
- Wabash National Corporation: A Wonderful Company But In A Low-Growth Sector [Seeking Alpha]Seeking Alpha
- Are Investors Undervaluing Wabash National (WNC) Right Now? [Yahoo! Finance]Yahoo! Finance
- The total return for Wabash National (NYSE:WNC) investors has risen faster than earnings growth over the last five years [Yahoo! Finance]Yahoo! Finance
- Wabash Recognized with Two Plant Safety Awards at Mexico and Kentucky OperationsGlobeNewswire
- Wabash National Co. (NYSE: WNC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
WNC
Earnings
- 4/24/24 - Miss
WNC
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/9/24 - Form ARS
- WNC's page on the SEC website