{"id":417795,"date":"2021-01-20T09:03:24","date_gmt":"2021-01-20T14:03:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=417795"},"modified":"2021-01-20T09:03:24","modified_gmt":"2021-01-20T14:03:24","slug":"werner-enterprises-announces-investment-in-tusimple","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/werner-enterprises-announces-investment-in-tusimple\/","title":{"rendered":"Werner Enterprises Announces Investment in TuSimple"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">OMAHA, Neb., Jan.  20, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eas4AfQ08wRy0VAK0IDiXghBT48m3WuUQHxJdPw8Uxw_Fwj2UHrf3Hb7olHgaFI181D79TMqUzQAIzOZs5zJbQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Werner Enterprises<\/a> (NASDAQ: WERN), a premier transportation and logistics provider, announces an equity investment in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yZpz_5lP8ROhCS78CkK0ciijMC9HqSdRrfihYIHbKNIIxF-XfV1TWmFT8-OMM2GTEdNAHykwQDskI2y7kR4hAA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">TuSimple<\/a>, an autonomous trucking technology company. Through this relationship, Werner will bolster its commitment to its Werner EDGE technology initiative and continue improving the lives of its professional drivers, enhancing over-the-road safety measures and creating sustainable shipment efficiencies. This aligns with Werner\u2019s recent investments in emerging and sustainable trucking innovations, including electrification and hydrogen, telematics, and the development of a new transportation management system.<\/p>\n<p align=\"justify\">\u201cAt Werner, our professional drivers are the backbone of our organization, and they work day-in and day-out to keep America moving,\u201d says Derek Leathers, Vice Chairman, President and CEO, Werner. \u201cStaying current with emerging technologies helps us remain focused on improving our drivers\u2019 lives, keeping them safer, providing our drivers with best-in-class equipment and helping them achieve long-term careers in the trucking industry.\u201d<\/p>\n<p align=\"justify\">TuSimple aims to scale self-operating technologies to improve safety and fuel efficiency. Through this investment, Werner demonstrates its focus on the growth and deployment of automated driving systems, the regulations required for increased safety, reduced carbon emissions and eventual industry adoption.<\/p>\n<p align=\"justify\">\u201cOur customers are experiencing continued business transformation \u2013 one that requires immediate fulfillment, industry leading service and safety and a greater desire for solutions that further their business and the sustainability of our planet,\u201d Leathers adds. \u201cWhen we launched Werner EDGE last May, we promised to do our part to advance the industry. Moreover, we announced new sustainability measures and initiatives last year to demonstrate our commitment to becoming an environmental leader. Emphasis in these areas, as well as our continued dedication to driver training and career advancement, makes this an important milestone in Werner\u2019s journey.\u201d<\/p>\n<p align=\"justify\">\u201cWe are excited to be working closely with Werner Enterprises in bringing our transformational technology to market safely and reliably,\u201d says Cheng Lu, CEO, TuSimple. \u201cOur collaboration with Werner allows our teams to work hand-in-hand to ensure we meet the needs of our customers.\u201d<\/p>\n<p align=\"justify\">\u201cTechnology continues to play a significant role in how freight is transported,\u201d says Daragh Mahon, Werner\u2019s EVP and Chief Information Officer. \u201cThrough Werner EDGE, we are committed to changing all of our company\u2019s systems, as well as aligning with organizations that are driving improvements in safety, visibility, cost and productivity. Our investment in TuSimple allows us to take an active role in developing technologies that will enhance the lives of our professional drivers and customers.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Werner Enterprises<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico 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 expedited van; and temperature-controlled. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. International services are provided through Werner\u2019s domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.<\/p>\n<p align=\"justify\">Werner Enterprises, Inc.\u2019s common stock trades on the NASDAQ Global Select Market<sup>SM<\/sup>\u00a0under the symbol \u201cWERN.\u201d For further information about Werner, visit the company\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=p4GoaygicS9ONao2CSWXW2R5yllcqBF42Vp9F1ioIK6-_U7vWVa1WivpXzl6N2EsBqn4NmsRXFK3WAuppxNl4g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.werner.com<\/a>.<\/p>\n<p align=\"justify\">Contact: Fred Thayer, Associate Vice President &#8211; Corporate Brand and Communications<br \/>Werner Enterprises, Inc.<br \/>402.895.6640 ext. 100-2065<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=448Vn6FowRAtZs3zGuI6aGSqy313oyICptmBX8GQ4ugOn_42Q317dUxmAS3H-CNXfqdIg9xY3s-nKQ7cyqEHXOMdfuoJuc1GH_rqkSvOK_M=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">fthayer@werner.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEzODc2NCMzOTM3MTc2IzIwMDg1NjU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/04ecc572-c9c1-4b98-a3d5-90f186d68061\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OMAHA, Neb., Jan. 20, 2021 (GLOBE NEWSWIRE) &#8212; Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announces an equity investment in TuSimple, an autonomous trucking technology company. Through this relationship, Werner will bolster its commitment to its Werner EDGE technology initiative and continue improving the lives of its professional drivers, enhancing over-the-road safety measures and creating sustainable shipment efficiencies. This aligns with Werner\u2019s recent investments in emerging and sustainable trucking innovations, including electrification and hydrogen, telematics, and the development of a new transportation management system. \u201cAt Werner, our professional drivers are the backbone of our organization, and they work day-in and day-out to keep America moving,\u201d says Derek Leathers, Vice Chairman, President and CEO, Werner. \u201cStaying current with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/werner-enterprises-announces-investment-in-tusimple\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Werner Enterprises Announces Investment in TuSimple&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-417795","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Werner Enterprises Announces Investment in TuSimple - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/werner-enterprises-announces-investment-in-tusimple\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Werner Enterprises Announces Investment in TuSimple - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OMAHA, Neb., Jan. 20, 2021 (GLOBE NEWSWIRE) &#8212; Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announces an equity investment in TuSimple, an autonomous trucking technology company. Through this relationship, Werner will bolster its commitment to its Werner EDGE technology initiative and continue improving the lives of its professional drivers, enhancing over-the-road safety measures and creating sustainable shipment efficiencies. This aligns with Werner\u2019s recent investments in emerging and sustainable trucking innovations, including electrification and hydrogen, telematics, and the development of a new transportation management system. \u201cAt Werner, our professional drivers are the backbone of our organization, and they work day-in and day-out to keep America moving,\u201d says Derek Leathers, Vice Chairman, President and CEO, Werner. \u201cStaying current with &hellip; Continue reading &quot;Werner Enterprises Announces Investment in TuSimple&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/werner-enterprises-announces-investment-in-tusimple\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-20T14:03:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEzODc2NCMzOTM3MTc2IzIwMDg1NjU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Werner Enterprises Announces Investment in TuSimple\",\"datePublished\":\"2021-01-20T14:03:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/\"},\"wordCount\":578,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEzODc2NCMzOTM3MTc2IzIwMDg1NjU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/werner-enterprises-announces-investment-in-tusimple\\\/\",\"name\":\"Werner Enterprises Announces Investment in TuSimple - 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