Werner Enterprises Inc at Barclays Industrial Select Conference Transcript

Feb 17, 2021 / 03:50PM GMT
Brandon Robert Oglenski - Barclays Bank PLC, Research Division - VP & Senior Equity Analyst

Okay. Good morning, everyone, and welcome back again to Barclays 38th Annual Industrial Select Conference. I'm Brandon Oglenski, airline and transport analyst. And next up on the transport track, we do have Werner Enterprises. And in fact, I think it's your first time attending the conference in 38 years. So welcome, gentlemen. Really appreciate having you.

And for those that aren't as familiar with the company, Werner is a predominantly truckload asset-based carrier based out of Omaha. 2020, had a revenue of about $2.4 billion and operating margin, I believe, about 10% last year. I know we're going to talk more about that.

But joining us from the company today is Derek Leathers, Vice Chairman and CEO. And I think, soon to be Chairman; as well as John Steele, CFO, and both of them have been with the company for a number of decades. And I can say this from the heart, but John might be the nicest CFO we cover as well. So thank you, gentlemen, for both joining us.

And as usual, at this

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