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LAFAYETTE, Ind., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, announced today it was selected to receive a $1.6 million grant award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to support a research and development project aimed at decarbonizing the commercial transportation industry.
LAFAYETTE, Ind., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the third quarter 2024 on Thursday, October 24, 2024, beginning at 12:00 p.m. ET.
Key topics include supply chain resilience, enhanced connectivity, and the future of transportation networks as industry leaders convene today in Louisville Key topics include supply chain resilience, enhanced connectivity, and the future of transportation networks as industry leaders convene today in Louisville
WNC enters into a 10-year strategic agreement with Steel Dynamics to secure a steady supply of key steel components for its transportation solutions portfolio.
New agreement secures priority access to critical, domestic steel supplies, solidifying Wabash's ability to meet growing industry demands New agreement secures priority access to critical, domestic steel supplies, solidifying Wabash's ability to meet growing industry demands
Companies collaborating to learn how trailers of the future can best support autonomous trucking Companies collaborating to learn how trailers of the future can best support autonomous trucking
LAFAYETTE, Ind., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced it was honored among Newsweek's inaugural list of “America's Most Admired Workplaces 2025,” reaffirming the company's commitment to fostering a dynamic and innovative workplace, recognized by employees and industry peers alike.
I had in May 2024 concluded that WNC is a fundamentally sound company with consistent operating margins, capital efficiencies, and returns. A valuation at that juncture did not show any margin of safety. An updated intrinsic valuation, triangulating with the Acquirer's Multiple and Free cash flow yield now points to undervaluation. This is partly because the price had declined by 23% while I still see WNC as a wonderful company. This is now an investment opportunity.
LAFAYETTE, Ind., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, today announced a series of strategic executive leadership changes designed to position the company for continued success. These changes will take effect on September 1, 2024.
LAFAYETTE, Ind., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE:WNC) today announced that its board of directors declared a regular quarterly dividend of $0.08 per share of the company's common stock, payable on October 31, 2024, to stockholders of record on October 10, 2024.