Trucking: rate and capacity prints into the Oct 28 WERN call

Summary

Werner Q3 call date is not company-confirmed. IR Upcoming Events is empty. Last Item 2.02 8-K is the 28 Jul 2026 Q2 print. Street split: FXEmpire 28 Oct 2026, Yahoo 29 Oct 2026 (est.). Use 28 Oct 2026 as the working listed date, street not IR/8-K.

Dated prints 28 Aug → listed call:

1. Cass August 2026 index — Mon 14 Sep 2026 (Cass 13th rule; 13 Sep is Sunday → next business day; MTS agrees).
2. ATA August tonnage — Tue 22 Sep 2026 (MTS calendar only; ATA last-release does not date the next one).
3. Cass September 2026 index — Tue 13 Oct 2026 (Cass 13th rule + MTS). Watch: ATA September tonnage 20 Oct 2026 (MTS). DAT next monthly undated. No carrier pre-announces. Werner Laguna fireside 15 Sep is color, not a rate print.

Baselines (already out): Cass July TL linehaul 152.9 / +8.6% y/y, shipments −4.8% y/y. ATA July SA 113.5 / −1.0% m/m / −0.5% y/y. DAT July van spot=contract $2.39 LH; record June-to-July contract gains.

Confirm: Cass linehaul stays +y/y in Aug and Sep; volume-down / rate-up signature holds; ATA can stay choppy if rates keep rising. Break: Cass linehaul negative m/m Aug and Sep or y/y fades hard; capacity re-enters (Class 8 above replacement / Cass note flips); ATA Aug+Sep sequential decline and worse y/y. Old-world: price has left the trough; Hold / ~11% WERN target / 22× forward on thin margins still looks like freight-recession consensus. No paper ticket. No buy/sell/size.

Findings

Call date is street / working listed, not IR or 8-K

Werner IR events calendar has no Q3 2026 event (Upcoming Events empty). Last Item 2.02 8-K on the tape is the 28 Jul 2026 Q2 print — do not invent a company-confirmed Oct 28 call. Street split: FXEmpire WERN earnings lists 28 Oct 2026; Yahoo lists 29 Oct 2026 (est.). Use 28 Oct 2026 as the working listed date, street not IR/8-K. Same street-date split applies to FXEmpire SNDR earnings (listed Oct 28); do not rewrite the SNDR Q2 print.

Dated prints 28 Aug → listed call (calendar only)

1. Cass August 2026 index — Mon 14 Sep 2026 (Cass 13th rule; 13 Sep is Sunday → next business day; MTS agrees).
2. ATA August tonnage — Tue 22 Sep 2026 (MTS calendar only; ATA last-release does not date the next one; not trucking.org).
3. Cass September 2026 index — Tue 13 Oct 2026 (Cass 13th rule + MTS).

Watch: ATA September tonnage 20 Oct 2026 (MTS). DAT next monthly undated — do not invent a date. No carrier pre-announces. Werner Laguna fireside 15 Sep is color, not a rate print.

Baselines already out (Cass July via already-fetched print)

Cass July TL linehaul 152.9 / +8.6% y/y, shipments −4.8% y/y — 19th consecutive y/y increase, largest in four years; Cass: volumes still soft because capacity is declining. From the already-fetched FreightWaves / Cass July TL linehaul. ATA July SA 113.5 / −1.0% m/m / −0.5% y/y. DAT July van spot=contract $2.39 LH; record June-to-July contract gains.

Retrieved marks this clip (do not overwrite vault last)

This clip's retrieved stockanalysis WERN / stockanalysis SNDR marks: WERN $38.53, SNDR $35.24 (27 Aug close). Vault last-prices stay the previously filed Aug 26 closes ($38.89 / $35.22) unless a page has no last. Gage ranges stay as already filed. No new ticker. No buy/sell/size. No paper ticket.

Confirm / break / old-world

Confirm: Cass linehaul stays +y/y in Aug and Sep; volume-down / rate-up signature holds; ATA can stay choppy if rates keep rising. Break: Cass linehaul negative m/m Aug and Sep or y/y fades hard; capacity re-enters (Class 8 above replacement / Cass note flips); ATA Aug+Sep sequential decline and worse y/y. Old-world: price has left the trough; Hold / ~11% WERN target / 22× forward on thin margins still looks like freight-recession consensus.

Contradictions and open questions

• FXEmpire lists WERN Q3 28 Oct 2026; Yahoo lists 29 Oct 2026 (est.). Working listed date is 28 Oct; neither is company-confirmed.
• ATA Aug/Sep dates are MTS calendar only, not an ATA last-release date and not trucking.org.
• DAT next monthly is undated — do not invent one.
• Cass landing / MTS calendar / ATA July / DAT July / SEC 8-K accession / Yahoo quote-page URLs were named by the producer as already fetched; they are not restated here as invented hrefs.

Provenance

Method: Grok Bot / parallel-deep-research / native X Generated: 2026-08-28

Web sources:

• Werner IR events calendar — Upcoming Events empty; no company-confirmed Q3 date
• FXEmpire WERN earnings — street-listed WERN Q3 28 Oct 2026
• FXEmpire SNDR earnings — street-listed SNDR Q3 28 Oct 2026
• FreightWaves, Cass July TL linehaul — Cass July baseline already fetched (linehaul +8.6% y/y, shipments −4.8% y/y)
• stockanalysis WERN — this clip's retrieved 27 Aug close $38.53 (not the vault last)
• stockanalysis SNDR — this clip's retrieved 27 Aug close $35.24 (not the vault last)

X sources:

• none found

Grokipedia:

• not used