Werner Enterprises Reports EPS $0.22 vs. $0.21 Estimate; Revenues $469.42M vs. $461.4M Estimate (WERN)

Werner Enterprises WERN Reports EPS $0.22 vs. $0.21 Estimate; Revenues $469.42M vs. $461.4M Estimate Werner Enterprises, Inc. WERN, one of the nation's largest transportation and logistics companies, reported revenues and earnings for the first quarter ended March 31, 2011. In first quarter 2011, freight trends in our One-Way Truckload business improved significantly beginning the second week of February to levels higher than 2010 and improved further in March. Our Midwest freight demand was particularly strong, followed closely by most of our other domestic geographic areas, except for the West which showed less strength. We are encouraged by recently improving truckload freight trends, which we believe are caused to a greater degree by industry capacity constraints than economic recovery.