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Werner Enterprises WERN · USD

Industrials · US listing · 🇺🇸 United States

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27.89

+3.49%

Close of 9 Nov 2026, in USD

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About Werner Enterprises

From its filings with the US Securities and Exchange Commission

SEC filings

Werner Enterprises is based in Omaha, Nebraska and is incorporated in Nebraska. Its shares trade on Nasdaq under the ticker WERN. The SEC classifies its business as trucking (no local). In the fiscal year to 31 December 2025, it reported revenue of $2.97bn and a net loss of $14.4m. At that date it held total assets of $2.89bn and shareholders' equity of $1.36bn. By business, Transportation services brought in 97.5% of revenue, followed by Other revenues at 2.5%.

In its own words

We are a transportation and logistics company engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. We also provide logistics services through our Werner Logistics segment. We believe we are one of the largest truckload carriers in the United States (based on total operating revenues), and our headquarters are located in Omaha, Nebraska, near the geographic center of our truckload service area. We were founded in 1956 by Clarence L. Werner, who started the business with one truck at the age of 19. We were incorporated in the State of Nebraska in September 1982 and completed our initial public offering in June 1986 with a fleet of 632 trucks as of February 1986. At the end of 2025, our Truckload Transportation Services (“TTS”) segment had a fleet of 7,100 trucks, of which 6,785 were company-operated and 315 were owned and operated by independent contractors. Our Werner Logistics segment operated an additional 27 drayage company trucks and 170 Final Mile delivery trucks at the end of 2025. We have historically grown organically, and more recently through a combination of organic growth and business acquisitions (discussed below). Our business acquisitions expanded our fleet size, customer base, geographic market presence, and network of operational facilities. We remain open to considering acquisitions in North America truckload and logistics companies that are both additive to our business and accretive to our earnings.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Road & Rail
Listed since
20 Jun 1986
Employees
8,677
Website
werner.com ↗
Head office
14507 FRONTIER ROAD, OMAHA, NE, 68138
Incorporated in
NE
Classification
Trucking (No Local)
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Derek LeathersChairman of the Board, Chief Executive Officer, since 1999$5.8m
  • Mr. Nathan MeisgeierPresident, Chief Legal Officer$1.8m
  • Mr. Christopher WikoffExecutive Vice President, Chief Financial Officer, Treasurer$1.4m
  • Mr. Eric DowningChief Operating Officer, Executive Vice President$1.6m
  • Mr. James JohnsonExecutive Vice President, Chief Accounting Officer$1.1m
  • Mr. Jim SchelbleExecutive Vice President, Chief Administrative Officer, since 2016$1.0m
  • Mr. Daragh MahonExecutive Vice President, Chief Information Officer$1.4m
  • Mr. Craig CallahanExecutive Vice President, Chief Commercial Officer
  • Mr. H. Marty NordlundExecutive Vice President - Strategic Partnerships$1.1m
  • Mr. Scott ArvesLead Independent Director$210,000
  • Ms. Diane DurenIndependent Director$185,000
  • Ms. Michelle GreeneIndependent Director$175,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
52
Environment
43
Social
36
Governance
77
Carbon reduction policy
Yes
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established Reputation: Werner Enterprises Inc has built a strong and reputable brand in the transportation and logistics industry, thanks to its long history and consistent service quality.
  • Wide Network: The company boasts an extensive network of terminals, dedicated fleets, and logistics services, allowing it to serve a diverse range of clients across North America.
  • Technological Advancements: Werner Enterprises Inc has invested in cutting-edge technology and transportation management systems, optimizing operational efficiency and enhancing customer satisfaction.
  • Strong Financial Position: The company maintains a solid financial standing, enabling it to invest in expansion initiatives, equipment upgrades, and talent acquisition.

Weaknesses

  • Dependence on Fuel Prices: As a significant portion of the company's operating costs is tied to fuel expenses, fluctuations in fuel prices can impact profitability.
  • Exposure to Regulatory Changes: Werner Enterprises Inc operates in a heavily regulated industry, making it vulnerable to potential changes in safety, environmental, and employment regulations.
  • Intense Competition: The transportation and logistics sector is highly competitive, with numerous established players and new entrants. This competitive landscape may affect the company's market share and pricing power.
  • Reliance on Skilled Workforce: The company relies heavily on skilled drivers, mechanics, and other professionals. The shortage of qualified personnel in the industry poses a challenge to recruitment and retention efforts.

Opportunities

  • Growing E-commerce Industry: The rapid rise of e-commerce offers opportunities for Werner Enterprises Inc to expand its services and cater to the increasing demand for efficient transportation and logistics solutions.
  • Emerging Markets: International expansion into developing markets presents new growth prospects for the company, as global trade continues to increase.
  • Green Initiatives: The increasing focus on sustainability and environmental responsibility opens avenues for Werner Enterprises Inc to invest in eco-friendly technologies and differentiate itself from competitors.
  • Strategic Partnerships: Collaborating with other key industry players or technology companies can lead to mutually beneficial partnerships, enabling the company to enhance its offerings and reach new markets.

Threats

  • Economic Volatility: Werner Enterprises Inc is susceptible to economic downturns and fluctuations, which can reduce demand for transportation and logistics services.
  • Disruptive Technologies: Advancements such as autonomous vehicles and blockchain have the potential to disrupt traditional transportation and logistics models, requiring the company to adapt and stay competitive.
  • Rising Fuel Costs: Escalating fuel prices can significantly impact the company's profitability and operational costs.
  • Trade Regulations: Changes in trade policies, tariffs, and geopolitical uncertainties can influence cross-border operations and impact the company's international business.

Sources and methodology

Data on this tab
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