Monday, November 05, 2007
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:
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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.
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---WernerScrews 10-4
Wednesday, June 27, 2007
WernerScrews is confused by the love and loyalty some “drivers” and “employees” exhibit for their leather-clad, whip-in-hand employer: Werner Enterprises. You might say it's perverse.
C.L.'s Spin Doctors
WernerScrews has yet to claim $100 for each driver who does NOT sign with Werner—nor do we want it. We are a very small operation—with the latest Werner info coming from former employees and people who search the web. The same doesn't hold true for Werner. Each driver benefits Werner financially—not just a driver who receives low-wages either. No wonder the employee turnover resembles fast-food statistics—thousands and thousands hired.
This web site and blog have placed blemishes on Werner's squeaky clean PR image--an image that C.L. wants to faithfully preserve. Werner is a high-tech company. Several Werner employees “work” the truck-driving forums. (Employees hired by Werner Enterprises for manipulating positive PR.) They do not offer unbiased opinions either.
Here is the cast of characters who bait the WernerScrews' forums.
Personal Attack Guy
“Why is this website still up?”
“This guy couldn't cut it as a Werner truck driver. He smashed up a Werner truck. I would fire him to.”
These posts are called deflection. They switch the focus on me and off Werner. Naturally, they must discredit me, so Werner looks good. By the way, I never smashed up a Werner truck; I only blew out a back tire. The stories, like goat's milk and snake meat, get tastier over time.
Cowboy Capitalist
“You are not a man if you complain about Werner. Only babies complain. Shut-up and drive.”
This appeals to a person with a strong work ethic.
Psycho Driver From Hell / Drug Drivin' Dude
A driver gets fired from Werner for using drugs or acting like a complete nut. This “individual” makes a post at WernerScrews. The former driver or employee complains about mistreatment. Some of these posts are phony. Obviously, a person with half-brain would agree that Werner should fire a driver using drugs. In this case, Werner looks like a responsible company that is interested in safety.
Wish Werner Success—Not on this Blog
Should a company make money? Yes! That was never the issue of this website. HOW Werner makes money is the issue. It's is more than services performed and payment received. Werner behaves above the law--like a Communist Corporation; that is why Werner is in China.
Fraternal Werner Pledge -- I Like That; Please Give Me More
Werner is a paddle to the posterior, but unlike the pledging men at Omega House—from Animal House (1978)—a Werner pledge carries no brotherhood. Thankfully, other former drivers are stepping up to the keyboard and creating Blogs and Websites. Alexander is a programmer and a former Werner Driver; read his Werner experience. Keep Werner in check.
--- WernerScrews 10-4