Werner's revenues and income rises

Werner Enterprises Inc. reported today that its operating revenues and net income increased in the first quarter, which ended March 31.

Werner Enterprises Inc. reported today that its operating revenues and net income increased in the first quarter, which ended March 31.

Werner's operating revenues increased 11% to $347.2 million compared to $312.6 million in first quarter 2002. It's net income rose 11% to $11.8 million compared to $10.6 million in first quarter 2002.

"Considering the difficult operating conditions we faced during first quarter, I am pleased with our performance," said chairman and CEO Clarence (C.L.) Werner.

Werner said the carrier's first-quarter challenges included a lackluster freight environment and record-high fuel prices. However, Werner added that the company saw improvements in both areas as the quarter ended.

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