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Werner Enterprises establishes new subsidiary in Australia

Posted on: Tue, 17 Nov 2009 08:37:00 EST

Symbols: WERN

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Nov 17, 2009 (Datamonitor via COMTEX) --
WERN | Quote | Chart | News | PowerRating -- Werner Enterprises, a US-based transportation and logistics company, has established a new subsidiary, Werner Global Logistics Australia.

The company has said that the new Australian subsidiary will extend its logistics services to the domestic market by offering freight forwarding, logistics, local transportation and distribution services.

The primary Australian service areas reportedly include the densely populated markets of Melbourne, Sydney and Brisbane.

Craig Stoffel, vice president of Werner Global Logistics, said: "Our financial strength and flexible IT platform allow us to expand quickly into markets where we recognize growth opportunities. Australia is a market that is relatively insulated from the global economic downturn and presents those opportunities."

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