Werner Enterprises faced a $5.8 million operating loss in Q1 due to reduced customer activity linked to tariff uncertainties. CEO Derek Leathers noted a mixed outlook from suppliers and customers, citing “stop and go” operations influenced by tariffs. Despite this, Werner believes the short-term effects are manageable and trusts its cross-border operations. The company is exploring strategies such as delaying new tractor purchases to mitigate rising costs from tariffs. Additionally, it anticipates increased demand and resale values for used equipment to offset potential price hikes.

Source: https://www.supplychaindive.com/news/werner-enterprises-tariff-uncertainty-impact-earnings-results/747154/