8-K: Werner Enterprises Announces Participation in Three Investment Conferences

Werner Enterprises will participate in three investment conferences in February 2024, with webcasts available for two of them.

Summary

• Werner Enterprises, a transportation and logistics provider, announced its participation in three investment conferences in February 2024.
• The conferences include the Stifel 2024 Transportation and Logistics Conference on February 13, the Citi 2024 Global Industrial Tech and Mobility Conference on February 21, and the Barclays 41st Annual Industrials Select Conference on February 22.
• Live webcasts will be available for the Stifel and Citi conferences on the Werner website, with replays available for 30 days following each conference.
• The company's 2022 revenues were $3.3 billion.
• Werner has nearly 14,000 employees and uses innovative Werner EDGE technology.

Sentiment

Score: 7

Explanation: The document is a routine announcement of investor conference participation, which is generally viewed positively as it indicates proactive investor relations. The sentiment is neutral to slightly positive.

Positives

• Werner is actively engaging with investors through participation in multiple conferences.
• The company is providing webcasts of key presentations, increasing accessibility for investors.
• Werner has a strong revenue base with $3.3 billion in 2022.
• The company has a large workforce of nearly 14,000 employees.

Risks

• The conference dates and times are subject to change.
• Actual results could differ materially from forward-looking statements due to various factors.

Future Outlook

The document contains forward-looking statements, but the company assumes no obligation to update them.

Management Comments

• Derek J. Leathers, Chairman and Chief Executive Officer, Christopher D. Wikoff, Executive Vice President, Treasurer and Chief Financial Officer, and Chris C. Neil, Senior Vice President of Pricing and Strategic Planning will speak at the Stifel conference.
• Nathan J. Meisgeier, President and Chief Legal Officer, and Chris C. Neil, Senior Vice President of Pricing and Strategic Planning will speak at the Citi conference.

Industry Context

This announcement is typical for publicly traded companies to engage with investors and analysts, providing updates on their business and outlook.

Comparison to Industry Standards

• Werner's participation in these conferences is consistent with industry practices for large transportation and logistics companies.
• Other major players in the transportation and logistics sector, such as JB Hunt, Knight-Swift, and XPO Logistics, also regularly participate in investor conferences to communicate with the financial community.
• The use of webcasts for investor presentations is a common practice, allowing for broader access to information.

Stakeholder Impact

• Shareholders will have the opportunity to learn more about the company's strategy and performance.
• The conferences provide a platform for management to communicate with investors.

Next Steps

• Werner will participate in the Stifel conference on February 13, 2024.
• Werner will participate in the Citi conference on February 21, 2024.
• Werner will participate in the Barclays conference on February 22, 2024.
• Webcasts of the Stifel and Citi conferences will be available on the Werner website.

Key Dates

Keywords

transportation, logistics, investment conferences, webcast, investor relations, truckload, freight management, supply chain