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COMMENT: Werner and Swift guidance sets the scene for a gloomy winter

BY OLIVER DIXON. Pre-Q3 guidance from Werner and Swift sets the scene for a gloomy winter for North America's HD sector

Werner Enterprises has fired a pessimistic shot across the bows of the North American trucking industry with its pre-announcement of third quarter earnings.

The company now expects earnings for the quarter ending 30 September 2013 to fall into the range of US$0.27-0.30 a share against analyst consensus of US$0.36 EPS.

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