Werner Enterprises, Inc. (NasdaqGS:WERN) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares. The new authorization will continue until the Board withdraws it.
Werner Enterprises, Inc. is a transportation and logistics company, which is engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. The Company has two segments: Truckload Transportation Services (TTS) and Werner Logistics. Dedicated provides truckload services are dedicated to a specific customer, generally for a retail distribution center or manufacturing facility, utilizing either dry van or specialized trailers. One-Way Truckload includes operating fleets, namely, the medium-to-long-haul van fleet transports, the expedited fleet, the regional short-haul fleet, and the Temperature-Controlled fleet. Its primary freight transport includes retail store merchandise, consumer products, food and beverage products and manufactured products. The Werner Logistics segment is a non-asset-based transportation and logistics provider. This segment provides services throughout North America.
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