Werner Enterprises, Inc. (WERN)
NASDAQ: WERN · IEX Real-Time Price · USD
37.17
+0.11 (0.30%)
May 24, 2024, 4:00 PM EDT - Market closed

Company Description

Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally.

The company operates through two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates a fleet of medium-to-long-haul vans that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; a regional short-haul fleet that provides truckload van service in the United States; and temperature-controlled fleet, which offers truckload services for temperature-sensitive products using temperature-controlled trailers.

This segment provides truckload services to retail distribution centers or manufacturing facilities using dry vans or trailers to transport retail store merchandise, consumer products, food and beverage products, and manufactured products.

As of December 31, 2023, it had a fleet of 8,000 trucks, which included 7,740 company-operated, as well as 260 owned and operated by independent contractors; and 30,810 trailers that comprised dry vans, flatbeds, temperature-controlled, and other trailers.

The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; and residential and commercial deliveries of large or heavy items using liftgate straight trucks.

As of December 31, 2023, this segment operated 35 drayage tractors and 115 delivery trucks. It also sells used trucks and trailers; and trades used trucks to original equipment manufacturers.

The company was founded in 1956 and is headquartered in Omaha, Nebraska.

Werner Enterprises, Inc.
Werner Enterprises logo
Country United States
Founded 1956
Industry Trucking
Sector Industrials
Employees 13,809
CEO Derek J. Leathers

Contact Details

Address:
14507 Frontier Road
Omaha, Nebraska 68138
United States
Phone (402) 895-6640
Website werner.com

Stock Details

Ticker Symbol WERN
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000793074
CUSIP Number 950755108
ISIN Number US9507551086
Employer ID 47-0648386
SIC Code 4213

Key Executives

Name Position
Derek J. Leathers Chairman and Chief Executive Officer
Nathan J. Meisgeier President and Chief Legal Officer
Christopher D. Wikoff Executive Vice President, Treasurer and Chief Financial Officer
James L. Johnson Executive Vice President and Chief Accounting Officer
Jim S. Schelble Executive Vice President and Chief Administrative Officer
Clarence L. Werner Founder and Chairman Emeritus
Eric J. Downing Executive Vice President and Chief Operating Officer
Daragh P. Mahon Executive Vice President and Chief Information Officer
Fred Thayer Associate Vice President of Corporate Brand and Communications
H. Marty Nordlund Executive Vice President of Strategic Partnerships

Latest SEC Filings

Date Type Title
May 15, 2024 8-K Current Report
May 13, 2024 8-K Current Report
May 9, 2024 10-Q Quarterly Report
Apr 30, 2024 8-K Current Report
Apr 3, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 3, 2024 DEF 14A Other definitive proxy statements
Apr 2, 2024 ARS Filing
Mar 7, 2024 8-K/A [Amend] Current report
Mar 1, 2024 8-K Current Report
Feb 26, 2024 10-K Annual Report