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Werner Dedicated Services
Omaha, NE
NASDAQ: WERN
800-228-2240
Marty Nordlund, S.V.P. Specialized Services
3PL Turnover: North America: $800m Parent: $1.9
Service Area: United States, Canada, Mexico; NA locations: 12 U.S., 2 Canada, 2 Mexico
3PL Assets: 3,800 employees
12 terminals
8,650 tractors
25,080 trailers
Information Systems: Good
TMS - Proprietary
Services: Dedicated contract carriage, IMC, brokerage, warehousing, cross-docks
Industry Focus/Key Customers: Food and beverage, retail, building materials
Key Customers: Coca-Cola, Dollar General, Family Dollar, Jimmy Dean Foods, Sears, Target, Wal-Mart
Armstrong & Associates' Evaluation: Werner is a major dedicated contract carrier and U.S. trucking company. Its financial results are among the best in the business year after year. It has 140 dedicated contract carriage accounts. Werner's arrangements with these accounts include primarily exclusive use of equipment deals with backhauls generated from regular company loads. Werner is using electronic logging in all operations and is a step ahead of its competitors in this regard. Werner has extensive logistics service operations through its value-added services division (VAS). VAS has over $100 million per year in revenue. VAS operations include cross-docks, warehouses, intermodal and brokerage. Werner is a C-TPAT/PIP/FAST participant. Among the 3750 units it has in dedicated service are 600 reefers and 100 flatbeds.