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Jan 28, 2012

DRIVERS' SHORTAGE * USA

* Nebraska - Driver Market, Truck Capacity Tightening

Omaha,NEB,USA -The Journal of Commerce Online, by William B. Cassidy -Jan 27, 2012: -- Trucking operator’s annual profit breaks $100 million mark, sales reach $2 billion...  A “challenging” driver market will put more pressure on trucking costs, capacity and pricing in 2012, says truckload carrier Werner Enterprises... The driver market tightened in the fourth quarter of 2011, the Omaha-based company said Thursday. Difficulty hiring enough truck drivers kept Werner’s capacity slightly below its target level of about 7,300 trucks in the latter part of 2011, the company said when announcing its fourth-quarter and full-year earnings and revenue...  Any lack of drivers didn’t slow Werner much last year... For the last quarter, Werner reported a 22 percent increase in net profit to $29.4 million, while revenue rose 10 percent to $507.9 million. In 2010, Werner was the third-largest truckload carrier in the U.S., according to SJ Consulting Group... 

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