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Werner Enterprises Reports Fourth Quarter and Annual 2015 Revenues and Record Earnings

Total revenues declined by 4% in fourth quarter 2015 compared to fourth quarter 2014. However, trucking revenues, net of fuel surcharge revenues, grew 4% in fourth quarter 2015 compared to fourth quarter 2014. The significantly lower fuel prices in fourth quarter 2015 compared to fourth quarter 2014 primarily caused a reduction in fuel surcharge revenues by $36 million in the Truckload segment and revenues by an estimated $6 million in the VAS segment. This had the effect of reducing total consolidated revenues by an estimated 8 percentage points in fourth quarter 2015 compared to fourth quarter 2014.

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