Derek Leathers | Chief Executive Officer |
John Steele | Chief Financial Officer |
Christian Wetherbee | Citi |
Scott Group | Wolfe Research |
Jack Atkins | Stephens Inc |
Bascome Majors | Susquehanna Financial Group |
Michael Triano | UBS |
Ken Hoexter | Banc of America Merrill Lynch |
Jeffrey Kauffman | Vertical Research Partners |
Brian Ossenbeck | JP Morgan |
Jonathan Chappell | Evercore ISI |
Thank you and good afternoon everyone. With me today is our CFO, John Steele. I’m pleased to report that Werner delivered record third quarter earnings, our fifth consecutive record setting quarter.
During third quarter freight demand remained strong and the driver market remained very challenging.
Our strategic investments in driver sourcing and driver pay in a competitive labor market enabled us to grow our fleet sequentially by 75 trucks.