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| Werner Enterprises Announces Quarterly and Special Dividends |
OMAHA, Neb.--(BUSINESS WIRE)--Nov. 11, 2008--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 Market(SM) under the symbol "WERN". For further information about Werner, visit the Company's website at www.werner.com.
CONTACT: Werner Enterprises, Inc. |