American transportation and logistics company
Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had revenues of $ billion[7] and over 14, employees and contractors.[8]
In , Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies.[5] In , CL moved his company out of his home and into a shop in Council Bluffs, Iowa. In , Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. By , Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Werner was among the six largest truckload and less-than-truckload (LTL) carriers in the United States in [9]
In July , Werner acquired regional truckload carriers ECM Transport Group (ECM Transport and Motor Carrier Service, LLC), expanding in the Mid-Atlantic, Ohio and Northeast regions.[10]
In November , Werner acquired final mile carrier NEHDS Logistics, LLC.[11]
In October , Werner acquired truckload carrier Baylor Trucking, Inc., expanding in the east central and south-central U.S. truckload markets.[12]
In November , Werner acquired asset-light logistics provider and truckload carrier, ReedTMS Logistics.[13]
Werner's fleet consists of approximately 8, trucks, 30, trailers and employs 14, employees and independent contractors.[5] The company conducts business in more than countries, with offices in the U.S., Canada and Mexico. It is the largest truckload transportation provider serving the Mexico cross-border market.[14]
Werner's common stock trades on the NASDAQ Global Select Market under the symbol Nasdaq:&#;WERN.[15] Werner announced its Werner DRIVE strategy in , which stands for Durable, Results, Innovation, Values and ESG. Building on the "5Ts + S" strategy, Werner DRIVE incorporates sustainability, capital allocation, an outcome-oriented approach to operations, a drive to innovate and a culture that supports and values its team members.[16]