Werner Enterprises

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2021 revenues of $2.7 billion and over 13,500 employees and contractors.[6]

Werner Enterprises, Inc.
TypePublic
Founded1956 (1956)
FounderClarence L. "CL" Werner
Headquarters
Omaha, Nebraska
,
United States
Key people
  • Derek J. Leathers[1]
  • (Chairman, President & CEO)
  • Clarence L. Werner
  • (Chairman Emeritus)
  • Christopher D. Wikoff [2]
  • (EVP, Treasurer & CFO)
  • Eric J. Downing [3]
  • (EVP & COO)
ServicesFreight management
Freight transport
RevenueIncrease US$702.9 million (2021)
Increase US$71.3 million (2021)
Increase US$63.8 million (2021)
Number of employees
12,784 (2017)
Websitewerner.com
Footnotes / references
[4][5]
Werner's corporate headquarters Omaha, Nebraska

History

In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies.[4] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. By 1999, Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Werner was among the five largest truckload carriers in the United States in 2020.[7]

Operations

Werner's fleet consists of approximately 10,000 tractors, 26,000 trailers and employs 13,500 employees and independent contractors.[4]

Werner's common stock trades on the NASDAQ Global Select Market under the symbol Nasdaq: WERN.[8]

References
  1. "Derek J. Leathers Chairman, President and Chief Executive Officer". 2021-05-07.
  2. "Werner Enterprises Names Chris Wikoff as Chief Financial Officer". 2023-02-23.
  3. "Eric J. Downing, Executive Vice President and Chief Operating Officer". 2023-01-01.
  4. Wolf, Connor D. (2020-06-18). "Werner CEO Looks Back at Founder's Legacy". Transport Topics. Retrieved 2020-07-16.
  5. Werner Enterprises (2018-02-27). "Werner Enterprises, Inc, Form 10-K, Annual Report". secdatabase.com. Retrieved May 13, 2018.
  6. "Werner Enterprises Reports Fourth Quarter and Annual 2021 Results". 3 February 2022.
  7. "Top 10 trucking companies in the USA". www.supplychaindigital.com. Retrieved 2020-07-17.
  8. "WERN". www.nasdaq.com. Retrieved 2020-07-16.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.