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Werner Grapples With Weak Freight Market and Rising Expenses
FRGTFr8Tech(FRGT) ZACKS·2024-12-24 17:41

Werner Enterprises (WERN) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Werner is suffering from weak freight demand. Freight conditions remained a challenge, with pressures on supply chains continuing to affect the industry. Conditions started to tighten due to disruptions caused by hurricanes, which exacerbated supply-chain delays and reduced the availability of shipping capacity, impacting freight rates and logistics.As a result of the weaknes ...