Category Archives: Werner Enterprises

Werner Enterprises – Major Products and Services

The company’s key products and services include the following:

Transportation Services:

  • Medium-to-long-haul
  • Regional
  • Local van capacity
  • Dedicated
  • Expedited
  • Flatbed
  • Temperature-controlled

Value Added Services:

  • Freight management
  • Truck brokerage
  • Intermodal
  • Load/mode Network optimization
  • Freight forwarding

Werner Enterprises – Key Employees

Name

Job Title

Board

Compensation

Gregory L Werner

President and Chief Executive Officer

Executive Board

1206382 USD

Clarence L. Werner

Chairman

Executive Board

1272123 USD

Gary L.Werner

Vice Chairman

Executive Board

734739 USD

Gerald H.Timmerman

Director

Non Executive Board

33250 USD

Michael L. Steinbach

Director

Non Executive Board

31250 USD

Kenneth M. Bird

Director

Non Executive Board

33250 USD

Patrick J. Jung

Director

Non Executive Board

44500 USD

Duane K. Sather

Director

Non Executive Board

31250 USD

Derek J. Leathers

Director

Non Executive Board

H. Marty Nordlund

Senior Executive Vice President, Specialized Services

Senior Management

Robert E. Synowicki

Executive Vice President and Chief Information Officer

Senior Management

Richard S. Reiser

Executive Vice President and General Counsel

Senior Management

John J. Steele

Executive Vice President, Treasurer and Chief Financial Officer

Senior Management

356644 USD

Jim S. Schelble

Executive Vice President, Sales and Marketing

Senior Management

Werner Enterprises – History

Werner Enterprises was founded in 1956, by C. L. Werner, eight years later; the company’s first terminal was built in Council Bluffs.

By 1965 the company had a fleet of ten trucks which were able to offer a range of trucking services to customers and businesses. 1969 saw the company purchase a freightliner and develop the logo, thus firmly establishing presence in the marketplace.

By 1970, the company had around 35-40 trucks with removable sides, which hauled grain, soybean meal, lumber, potatoes and onions. In 1971, Werner acquired a number of van trailers and hops trailers, thus expanding the fleet of vehicles. By 1977, the company had moved premises and expanded the fleet to 100 trucks.

By 1986 the company, now operating a fleet of 630 trucks, ventured into the stock market with its first public offering and was listed in NASDAQ.

1992 brought the introduction of technology advances with the installation of satellite communications on trucks. A temperature controlled division was also formed in the early 1990s. In June 1998, Werner became the first truckload carrier to be authorized by the Federal Highway Administration to implement paperless logs.

By 1999, the company had accumulated a fleet of over 7,000 trucks, 18,000 trailers, and 8,500 drivers. The following year, Werner started its Mexico operations, and also set up an alliance with Transplace.com. Werner launched its Mexico operations in 2000. In 2001 the company opened an international terminal in Laredo, Texas. In the same year, the company opened a driver training center housing a driver trainer system, and initiated computer base training at the company’s corporate office in Omaha, Nebraska.

In 2002, Werner and J.B. Hunt Transport Services reached an agreement to sell a portion of Werner’s ownership interest in Transplace to J.B. Hunt. Prior to the agreement, Werner held a 15% equity interest in Transplace. With this agreement, Werner sold a 10% equity interest.

Werner became a certified member in the Customs-Trade Partnership against Terrorism (C-TPAT) and Partners in Protection (PIP) programs in 2003. By participating in these programs, Werner’s FAST/C-TPAT/PIP approved customers benefited from improved border crossing times and on-going process improvements, resulting in increased efficiencies in the supply chain.

In 2003, the company joined Qualcomm’s untethered trailer tracking consortium to develop an effective technology solution for tracking and managing untethered trailers. Qualcomm provided mobile communications for the transportation industry. The company entered into an agreement with ACS for TripPak services in 2004.

In July 2006, the company formed Werner Global Logistics US, a separate company that operates within the VAS segment, and through its subsidiaries established its Wholly Owned Foreign Entity headquartered in Shanghai, China.

In April 2007, CRST Van Expedited would proceed with its case against Werner Enterprises for hiring away CRST drivers that were bound by employment contracts, the US Court.

In May 2007, Werner opened an office in Shenzhen, China. After one month, Werner announced a new service solution called Emergency and Surge Event (E.A.S.E.) Management that ensures customers, that their products will be shipped at the highest service level possible during emergency surge situations.

In July 2007, Werner announced, that it is a validated member in the Customs-Trade Partnership Against Terrorism (C-TPAT) program. The C-TPAT is a joint government business initiative to build cooperative relationships that strengthen the overall supply chain and border security, developed by the U.S. Department of Homeland Security Customs and Border Protection.

In August 2007, Werner reached a favorable settlement agreement with CRST Van Expedited (CRST), a truckload carrier with 1,500 trucks, of a lawsuit filed by CRST against Werner in 2004.

Werner Enterprises – Business Description

Werner Enterprises is a premier transportation and logistics company engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce and provides logistics services.The company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the US Department of Transportation (DOT) and pursuant to intrastate authority granted by various states. Werner operates 24,855 trailers. This total is comprised of 23,109 dry vans; 501 flatbeds; and 1,245 temperature-controlled trailers.

Werner also has authority to operate in the several provinces of Canada, and to provide through-trailer service in and out of Mexico. It has recently opened an office in China. It has a fleet of 8,250 trucks, of which 7,470 were owned by the company and 780 were owned and operated by owner-operators (independent contractors).

The company’s operations are divided into two principal segments: Transportation Services and Value Added Services.

Truckload segment provides specialized services to customers based on their trailer needs (such as van, flatbed and temperature-controlled trailers); geographic area; time-sensitive nature of shipments (expedited shipments); or conversion of the private fleet to the Company (dedicated services).

The truckload transportation services segment consists of six operating fleets which include dedicated, medium/long-haul van, regional short-haul, expedited, flatbed and temperature-controlled fleets. The Dedicated Services fleet provides truckload services required by a specific company, plant, or distribution center. The medium-to-long-haul Van fleet transports a variety of consumer, nondurable products and other commodities in truckload quantities over irregular routes using dry van trailers.

The Regional Short-Haul fleet provides comparable truckload van service within five geographic regions. The Expedited fleet provides time-sensitive truckload services utilizing driver teams. The Flatbed and Temperature-Controlled fleets provide truckload services for products with specialized trailers. The principal types of freight transported by the company include retail store merchandise, consumer products, manufactured products, and grocery products.

Werner’s VAS segment manages the transportation and logistics requirements for individual customers. VAS services include truck brokerage, freight management, intermodal, load/mode and network optimization and international.The VAS international services include site selection analysis, vendor and purchase order management, full container load consolidation and warehousing, door-to-door freight forwarding and customs brokerage. These VAS international services are provided throughout North America, Asia, Europe and South America.The company’s truck brokerage division has contracts with over 8,500 carriers as of December 2007.

Werner, through its subsidiary companies, is a licensed US NVOCC, US Customs Broker, licensed Freight Forwarder in China, licensed China NVOCC, a TSA approved Indirect Air Carrier and an IATA Accredited Cargo Agent.

Werner Enterprises – Key Facts

Head Office

Werner Enterprises, Inc Werner Enterprises, Inc. 14507 Frontier Road P.O. Box 45308 Omaha

Nebraska 68138 USA

Phone

1 402 895 6640

Fax

1 402 894 3927

Web Address

http://www.werner.com

Revenue / turnover (USD Mn)

2,071.2

Financial Year End

December

Employees

14,388

NASDAQ National Market Ticker

WERN