When was Werner Enterprises founded?
Werner Enterprises was founded in 1956 by Clarence (C.L.) Werner at the age of 19 when he sold his car to purchase a 1956 Ford F-800 Big Job truck. C.L. became the Company’s first driver.
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What are Werner’s primary businesses?
Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. Werner's logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. International services are provided through Werner’s domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.
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Who are Werner’s customers?
Werner maintains a diversified customer base with no one customer exceeding 9% of total revenues. Approximately 70% of the freight transported or managed by Werner consists of retail merchandise, grocery products and consumer products. We focus on transporting consumer non-durable products that generally ship more consistently throughout the year and whose volumes are less variable when there is a cyclical downturn in the economy.
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How many employees does Werner have?
As of December 31, 2018, we employed 9,616 drivers; 631 mechanics and maintenance associates for our trucking operation; 1,343 office associates for our trucking operation; and 1,262 associates for Werner Logistics, international and our other non-trucking operations. We also had 580 independent contractors who provide both a tractor and a driver or drivers. None of our U.S., Canadian or Chinese associates are represented by a collective bargaining unit, and we consider relations with our associates to be good.
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What is Werner’s year end? When are quarterly financial results released?
Werner’s year end is December 31. Quarterly financial results for each of the first three quarters of the year are typically released in an earnings release approximately three to four weeks following the last day of the quarter. Quarterly financial results for the fourth quarter of the year are typically released approximately four to five weeks following year-end.
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