Werner Enterprises is feeling the pinch. Investors, to put it mildly, are not happy how Werner Enterprises’ stocks are performing. Business buzzwords mean nothing to investors--U.S. Customs Broker, licensed Freight Forwarder in China, licensed China NVOCC and a TSA approved Indirect Air Carrier.
What investors want to know is how Werner Enterprises is making money in China or what Werner Enterprises is doing in China? These questions need to be sufficiently answered.
Mr. Steele’s report might focus on how market share in China will be developed. In short, Werner Enterprises is losing money in China. This is natural for any international business starting in China. But, is Werner Enterprises too late? U.S. companies that are enjoying profitability in China have been in China over 10 years. And there are plenty of other shipping companies in China at this moment--Maersk, UPS, and DHL. Werner Enterprises cannot claim deep knowledge or experience in China . Werner Enterprises is a new kid on the block in a convoluted business maze. A small branch office located in the central business district of Shanghai might signal to investors that Werner Enterprises can no longer compete in the U.S. market or excessive, useless overseas spending is not producing tangible results.
November 7th, investors will have a perfect opportunity to question Werner Enterprises' international business model.
From Business Wire:
OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises, Inc. (Nasdaq:WERN), one of the nation’s largest truckload transportation and logistics companies, will be making two presentations to the investment community.
The first presentation will be held at the Baird Industrial Conference on Wednesday, November 7, 2007, in Chicago. The presentation by John J. Steele, Executive Vice President, Treasurer and Chief Financial Officer, will begin at 11:05 A.M. (EST) and will be approximately 30 minutes in length, including questions and answers after the presentation.