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The expanding supply chain complexity underscores the need for synergistic technologies from AI to real-time tracking
OYSTER BAY, N.Y., March 3, 2021 /PRNewswire/ Proven ROI is the primary argument for Transportation Management System (TMS) adoption. Synergistic technologies like predictive analytics, automation, real-time tracking, machine learning, AI, and blockchain will continue to evolve for greater flexibility, improved customer support, and enhanced forecasting capabilities. TMS solutions enable greater visibility, efficiency, reliability, and flexibility of freight movement across modes, cargo types, and geographies. According to
ABI Research, a global tech market advisory firm, worldwide TMS revenues are expected to nearly double from US$16 billion in 2020 to reach over US$31 billion in 2025. Leading providers include Blue Yonder, SAP, and Oracle. Partnerships with TMS suppliers are growing, like Werner Enterprises with M
Total revenues of $620.3 million, flat YoY, up 5% sequentially
Operating income of $81.5 million, up 24% YoY, up 31% sequentially; non-GAAP adjusted operating income of $82.7 million, up 30% YoY, up 29% sequentially
Operating margin of 13.1%, up 250 bps YoY, up 260 bps sequentially; non-GAAP adjusted operating margin of 13.3%, up 310 bps YoY, up 240 bps sequentially
Diluted EPS of $0.88, up 26% YoY, up 31% sequentially; non-GAAP adjusted diluted EPS of $0.89, up 33% YoY, up 29% sequentially
OMAHA, Neb., Feb. 04, 2021 (GLOBE NEWSWIRE) Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation’s largest transportation and logistics companies, today reported record operating income for the fourth quarter and year ended December 31, 2020.
“Werner produced strong results in the fourth quarter by safely delivering superior on-time service to our customers,” said Derek J. Leathers, Vice Chairman, President and Chief Executive Officer. “I have never been more proud of our We