Werner Enterprises

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Werner Enterprises, Inc.
Company typePublic
NasdaqWERN
S&P 400 Component
Headquarters,
Key people
Derek J. Leathers
(President & CEO)
Clarence L. Werner
(Chairman & Director)
John J. Steele
(Vice President & CFO)
ServicesFreight management
Freight transport
RevenueIncrease US$ 2.12 billion (2017)[1]
Increase US$ 143.82 million (2017)[1]
Increase US$ 202.9 million (2017)[1]
Total assetsIncrease US$ 1.81 billion (2017)[1]
Total equityIncrease US$ 1.185 billion (2017)[1]
Number of employees
12,784 (2017)[1]
Websitewww.werner.com
Freightliner Cascadia, February 2016

Werner Enterprises, Inc. (NasdaqWERN) is an American freight carrier and transportation and logistics company headquartered in Omaha, Nebraska. It was founded in 1956 by Executive Chairman, Clarence L. (C.L.) Werner. He started his business with one truck at the age of 19. The company has two divisions - Truckload Transportation Services and Werner Logistics. At the end of 2017, Truckload division has 7,435 trucks and Werner Logistics has 45 drayage trucks.[1]

As Werner celebrates its 60th year in business, C.L. Werner, the company's founder and first driver, stepped down from the position of chief executive officer as part of the planned management transition announced in August 2015 and will remain as executive chairman of the company. Derek Leathers was promoted to president and CEO in May 2016.[2][3]

Werner ships throughout the United States, Canada, Mexico, Asia, Europe, South America, Africa and Australia. It has a fleet of 7,400 trucks and more than 24,000 trailers. In 2015, their net profit was estimated as being $123.7 million.[4]

Werner has terminals located in 11 states to provide services for drivers, equipment and local recruiting.

It offers van, flatbed and temperature controlled services.

It has regional offices throughout North America, China and Australia.

Werner’s current fleet is made up of the following makes and models:

References

  1. ^ a b c d e f g "Werner Enterprises, Inc, Form 10-K, Annual Report, Filing Date Feb 27, 2018". secdatabase.com. Retrieved May 13, 2018.
  2. ^ "Werner Enterprises, Inc, Form 8-K, Current Report, Filing Date Aug 28, 2015". secdatabase.com. Retrieved May 13, 2018.
  3. ^ "Werner Enterprises, Inc, Form 8-K, Current Report, Filing Date May 10, 2016" (PDF). secdatabase.com. Retrieved May 13, 2018.
  4. ^ Cassidy, William B. "Werner wins robust profit in 'less robust' US freight market", Joc.com, 29 January 2016. Accessed 17 February 2016.

External links