Werner CEO at Citi conference says DOT enforcement could remove 250,000 trucks from market—25% of over-the-road capacity. FirstFleet deal positions firm for upcycle.

Werner CEO Leathers at Citi: Regulatory Crackdown Could Remove 25% of Over-the-Road Capacity

Werner acquires FirstFleet for $283M, gaining 2,400 trucks and $615M revenue. Deal makes Werner 5th-largest dedicated carrier. Stock jumps 4%.

James Johnson

Recent News about WERNER ENTERPRISES

Werner CEO Leathers at Citi: Regulatory Crackdown Could Remove 25% of Over-the-Road Capacity

Werner Pays $283M for FirstFleet, Becomes 5th-Largest Dedicated Trucking Carrier