Werner Enterprises

Werner Enterprises, Inc. (NASDAQ: WERN) was founded in 1956 by Clarence (CL) Werner[1] and is a transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska, offices in the United States, Canada, Mexico and China, along with 15 terminals nationwide.[3]

Werner Enterprises, Inc.
TypePublic
NASDAQ: WERN
S&P 400 Component
FounderClarence L. (CL) Werner
Headquarters
Omaha, Nebraska
,
U.S.
Key people
Derek J. Leathers
(Vice Chairman, President & CEO)[1]
Clarence L. Werner
(Chairman)
John J. Steele
(Executive Vice President & CFO)
ServicesFreight management
Freight transport
Revenue US$ 2.12 billion (2017)[2]
US$ 143.82 million (2017)[2]
US$ 202.9 million (2017)[2]
Total assets US$ 1.81 billion (2017)[2]
Total equity US$ 1.185 billion (2017)[2]
Number of employees
12,784 (2017)[2]
Websitewww.werner.com
Werner's Global Headquarters, Omaha, Nebraska
Temperature-Controlled, 2019

History

In 1956, CL Werner sold his family vehicle for a Ford-gasoline powered truck, and began hauling cargo for other companies.[3] In 1964, CL moved his company out of his home into a shop in Council Bluffs, Iowa. In 1977, Werner Enterprises moved to its current location in Omaha, Nebraska, becoming the company's global headquarters. By 1999, Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Today, Werner is among the five largest truckload carriers in the United States.[4]

Services

Werner's fleet consists of more than 8,000 tractors, 24,000 trailers and approximately 13,000 associates and independent contractors worldwide.[1] The main commodities of freight transported are retail store merchandise, consumer, manufactured and grocery products.

Werner Enterprises, Inc.’s common stock trades on the NASDAQ Global Select MarketSM under the symbol “WERN".[5]

References
  1. "Werner CEO Looks Back at Founder's Legacy". Transport Topics. 2020-06-18. Retrieved 2020-07-16.
  2. "Werner Enterprises, Inc, Form 10-K, Annual Report, Filing Date Feb 27, 2018". secdatabase.com. Retrieved May 13, 2018.
  3. "Learn More About Werner Enterprises & It's Global Carrier Alliance". Werner Enterprises. Retrieved 2020-07-20.
  4. "Top 10 trucking companies in the USA". www.supplychaindigital.com. Retrieved 2020-07-17.
  5. "WERN". www.nasdaq.com. Retrieved 2020-07-16.


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