Werner Enterprises Dedicated and Logistics

Omaha, NE

NASDAQ: WERN (Werner Enterprises Inc.)

Marty Nordlund, S.E.V.P. Specialized Services

800-228-2240

www.werner.com

3PL Turnover:

$1b Parent: $2b

Service Area:

North America (Locations: 12 U.S., 2 Canada, 2 Mexico)

3PL Assets:

3,800 employees

12 terminals

8,900 tractors, 25,080 trailers

Information Systems:

Excellent

TMS – Proprietary–SMART

Services:

Dedicated contract carriage, IMC, brokerage, warehousing, cross-docks

Industry Focus:

Building materials, food and beverage, retail

Key Customers:

Coca-Cola, Dollar General, Family Dollar, Jimmy Dean Foods, Sears, Target, Wal-Mart

Armstrong & Associates’ Evaluation:

Werner Enterprises 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 rapidly expanding 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 4,000 units it has in dedicated service are 600 reefers and 100 flatbeds.