Werner expects to sell fewer trucks and trailers in 2013 Gains on sales of assets were $4.7M in 4Q12 compared to $4.8M in 4Q11 and $5.4M in 3Q12. We sold fewer trucks and trailers in 4Q12 which resulted in slightly lower gains. The company expects to sell fewer trucks and trailers in 2013 compared to 2012. Gains on sales are reflected as a reduction of Other Operating Expenses in our income statement. The higher cost of new equipment results in higher depreciation expense.
Senate Commerce, Science & Transportation Committee holds a hearing The Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety and Security holds a hearing entitled, "Improving the Performance of our Transportation Networks: Stakeholder Perspectives" with EVP Mullen of Werner Enterprises, President & COO Fritz of Union Pacific Railroad and EVP Means of Cabela's on January 29 at 10 am. Webcast Link