Werner Enterprises Inc. (WE1)

Overview

Werner Enterprises, Inc. stands as a significant player in the transportation and logistics industry, offering its services across the United States, Mexico, and on an international scale. Founded in 1956, the company has built a reputation for delivering truckload shipments of general commodities through a variety of interstate and intrastate commerce engagements. With its headquarters in Omaha, Nebraska, Werner Enterprises has grown to operate two main segments: Truckload Transportation Services and Werner Logistics. By the close of 2021, the company boasted a proud fleet distinction, comprising 8,340 trucks, alongside 27,225 company-owned trailers, and maintaining 55 intermodal drayage trucks. This fleet configuration underscores its significant capacity to serve a wide range of transportation needs.

Products and Services

• Truckload Transportation Services

This segment represents the core of Werner Enterprises' offerings, encompassing a diverse array of services tailored to meet the shipping needs of various goods. The medium-to-long-haul van fleet caters to the transportation of consumer nondurable products and other commodities in substantial quantities, facilitated by dry van trailers. Additionally, this segment also includes the expedited fleet, providing timely truckload services through the deployment of driver teams; a regional short-haul fleet that delivers comparable van service across the U.S.; and a temperature-controlled fleet, specifically designed to transport temperature-sensitive products safely.

• Werner Logistics

Under the Werner Logistics banner, the company extends its expertise into non-asset-based transportation and logistics services. This division enhances Werner's service portfolio by incorporating truck brokerage, offering seamless solutions for connecting shippers with carrier services. Logistics management services further complement this sector, providing comprehensive solutions and strategies for complex transportation needs. Rail transportation services are available through strategic alliances with rail and drayage providers, showcasing Werner's flexibility in accommodating different shipping modalities. Additionally, Werner Logistics offers specialized delivery of large or heavy items to both residential and commercial destinations, employing liftgate straight trucks for the efficient handling and transportation of such goods.