Specialist
Former account executive at Werner Enterprises Inc
Agenda
- Werner Enterprises' (NASDAQ: WERN) key strengths and weaknesses
- Coronavirus impact – market volatility and price fluctuations
- End market exposures
- 12-18-month outlook
Questions
1.
What are your thoughts on the current environment for trucking? What are the major headwinds and tailwinds of coronavirus?
2.
Overnight, the manufacturing end markets went silent a couple of months ago and everybody moved into food and beverage. How nimble are the operators out there? Does everyone have that ability to shift end markets very rapidly, or do only the larger providers or the independent owner-operators?
3.
Heavy manufacturing and industrial end markets in the US have begun to eke back. Presumably when you talk about manufacturing volumes and where they are today, for freight volume is the market just fighting to get back to normal levels?
4.
How do you think Werner is positioned in relation to everything we’ve produced? What are its overall strengths and weaknesses in navigating the current environment?
5.
What do you think of Werner’s business mix between contract and spot rate? You mentioned it tries to keep 60% skewed towards contract. Is there anything Werner could improve in that regard? How would you grade Werner in managing its capacity between spot and contract? Has it been burned in the past?
6.
How do you think Werner utilises its logistics side? How well-positioned is it and how does it compare to peers?
Gain access to Premium Content
Submit your details to access up to 5 Forum Transcripts or to request a complimentary 48 hour week trial
The information, material and content contained in this transcript (“Content”) is for information purposes only and does not constitute advice of any type or a trade recommendation and should not form the basis of any investment decision.This transcript has been edited by Third Bridge for ease of reading. Third Bridge Group Limited and its affiliates (together “Third Bridge”) make no representation and accept no liability for the Contentor for any errors, omissions or inaccuracies in respect of it. The views of the specialist expressed in the Content are those of the specialist and they are not endorsed by, nor do they represent the opinion of, Third Bridge. Third Bridge reserves all copyright, intellectual and other property rights in the Content. Any modification, reformatting, copying, displaying, distributing, transmitting, publishing, licensing, creating derivative works from, transferring or selling any Content is strictly prohibited
