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Werner Enterprises Reports Third Quarter 2017 Revenues and Earnings

In third quarter 2017, Werner Logistics revenues decreased $4.9 million, or 4%, and operating income dollars decreased $3.6 million, or 73%, compared to third quarter 2016. The Werner Logistics gross margin percentage in third quarter 2017 of 14.4% decreased 183 basis points compared to the gross margin percentage of 16.2% in third quarter 2016. The Werner Logistics operating income percentage in third quarter 2017 of 1.3% decreased 321 basis points from third quarter 2016 of 4.5%. Tighter carrier capacity in third quarter 2017 compared to third quarter 2016 resulted in higher purchased transportation costs causing the lower gross margin and operating income percentages.

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In third quarter 2017, Werner Logistics revenues decreased $4.9 million, or 4%, and operating income dollars decreased $3.6 million, or 73%, compared to third quarter 2016. The Werner Logistics gross margin percentage in third quarter 2017 of 14.4% decreased 183 basis points compared to the gross margin percentage of 16.2% in third quarter 2016. The Werner Logistics operating income percentage in third quarter 2017 of 1.3% decreased 321 basis points from third quarter 2016 of 4.5%. Tighter carrier capacity in third quarter 2017 compared to third quarter 2016 resulted in higher purchased transportation costs causing the lower gross margin and operating income percentages.

To access this information directly from the company, click here.

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