Announced

Completed

Werner completed the acquisition of FirstFleet for $245m.

Synopsis

Werner, an American transportation and logistics company, completed the acquisition of FirstFleet, a trucking company, for $245m. “Powered by the talent of our combined associates, this partnership comes at the ideal moment for our company. By uniting FirstFleet's expertise in complementary new verticals with our resources and nearly 5,000 Dedicated trucks, we will improve our competitive position and accelerate profitable growth. We have found a strong cultural fit with a shared commitment to safety, service and innovation. Together, we are better positioned to drive tech-enabled solutions and deliver lasting value for our customers, drivers and shareholders,” Derek Leathers, Werner Chairman and CEO.

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