Werner’s Second-Quarter Earnings Rise 31%

Werner Enterprises’ second-quarter earnings jumped 31% despite sluggish freight demand in the first two months of the quarter, the truckload carrier said Wednesday.

Net income rose to $27.5 million, or 38 cents a share, from $20.9 million, or 29 cents, a year ago.

Revenue rose 11% to $515.9 million. Excluding fuel surcharges, revenue rose 2%.

Revenue per total mile was up 3.1% from last year’s second quarter.

Werner Enterprises is ranked No. 11 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.