EXHIBIT 99.1
WERNER ENTERPRISES, INC.
14507 Frontier Road
P. O. Box 45308
Omaha, Nebraska 68145
FOR IMMEDIATE RELEASE
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CONTACT: John J. Steele
Executive Vice President, Treasurer and
Chief Financial Officer
(402) 894-3036
Robert E. Synowicki, Jr.
Executive Vice President and
Chief Information Officer
(402) 894-3000
WERNER ENTERPRISES ANNOUNCES QUARTERLY
AND SPECIAL DIVIDENDS
Omaha, Nebraska, November 11, 2008:
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Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation's
largest truckload transportation and logistics companies, announced
today that its Board of Directors declared a regular quarterly cash
dividend of $.050 (5.0 cents) per common share payable to stockholders
of record at the close of business on January 12, 2009. This dividend
will be paid on January 27, 2009.
Werner Enterprises is currently in its twenty-second year of
paying quarterly cash dividends on its common stock to its
stockholders. The first quarterly cash dividend was paid by the
Company in July 1987.
Werner also announced that its Board of Directors declared a
special cash dividend of $2.10 per common share payable to stockholders
of record at the close of business on November 21, 2008. This dividend
will be paid on December 5, 2008. As a result of the special dividend,
a total of approximately $149 million will be paid on the Company's 71
million common shares outstanding.
Werner Enterprises, Inc. was founded in 1956 and is a premier
transportation and logistics company, with coverage throughout the
United States, Canada, Mexico, Asia, Europe and South America. Werner
maintains its global headquarters in Omaha, Nebraska and maintains
offices throughout North America and China. Werner is among the five
largest truckload carriers in the United States, with a diversified
portfolio of transportation services that includes dedicated, medium-
to-long-haul, regional and local van capacity, expedited, temperature-
controlled and flatbed services. Werner's Value Added Services
portfolio includes freight management, truck brokerage, intermodal,
load/mode and network optimization and freight forwarding. Werner,
through its subsidiary companies, is a licensed U.S. NVOCC, U.S.
Customs Broker, licensed Freight Forwarder in China, licensed China
NVOCC, TSA-approved Indirect Air Carrier and IATA Accredited Cargo
Agent.
Werner Enterprises, Inc.'s common stock trades on the NASDAQ
Global Select MarketSM under the symbol "WERN". For further
information about Werner, visit the Company's website at
www.werner.com.