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Werner Profits Rise as Truck Brokerage Thrives

Jan 29, 2016 at 08:02 AM CST
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Werner Enterprises Inc. closed out 2015 with a jump in profit despite weak market conditions, underscoring the benefits that trucking companies can gain from mixed business models.

Werner said Thursday that its fourth quarter income rise 12% from a year earlier to $36.6 million. The company added 400 vehicles to its fleet of over 7,000 trucks, lowering the average age of its trucks and allowing the company to “better manage maintenance and safety costs,” Werner said in its earnings report.