Werner CEO sees ‘capacity attrition’ positioning carrier for recovery
Update: 2025-10-30
Description
Werner Enterprises CEO, Derek Leathers, discusses the current freight market and the company's outlook. Despite a $20.6 million loss due to market conditions and legal settlements, Leathers remains optimistic about the holiday shipping season. He attributes this to enforcement actions reducing trucking capacity, Werner's investment in technology for cost cutting and efficiency, and strong focus on dedicated fleets and retail customers. Leathers also advocates for industry changes, particularly in tort reform, and highlights Werner's robust liquidity of $695 million.
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