Omaha, Nebraska, January 29, 2026
Werner Enterprises, Inc. has acquired FirstFleet, Inc. for approximately $245 million in cash, along with substantial real estate assets. This strategic purchase enhances Werner’s dedicated trucking capabilities and solidifies its position as the fifth-largest dedicated carrier in the U.S., ultimately boosting revenues by about 50%. With a combined fleet of approximately 7,365 trucks, Werner aims to improve service delivery across vital market segments while retaining local management expertise for continuity.
Werner Enterprises Expands Reach with FirstFleet Acquisition
Strategic Purchase Enhances Dedicated Trucking Capabilities
Omaha, Nebraska is witnessing a significant move in the transportation sector as Werner Enterprises, Inc. announces its acquisition of FirstFleet, Inc., a specialized trucking company based in Murfreesboro, Tennessee. This strategic acquisition, valued at approximately $245 million in cash, positions Werner as the fifth-largest dedicated carrier in the United States, dramatically boosting its footprint in the dedicated transportation market.
The deal does not merely encompass FirstFleet’s operational capabilities but also includes the purchase of valuable real estate assets worth $37.8 million, pushing the total transaction value to approximately $282.8 million. Such significant investments highlight the commitment of companies like Werner to further enhance their service offerings while retaining critical local infrastructures and management expertise.
Strengthening Dedicated Transportation
Founded in 1986, FirstFleet operates a notable fleet of approximately 2,400 tractors and 11,000 trailers across 130 customer sites nationwide. Its strategic focus on sectors such as grocery, baked goods, and corrugated packaging reflects a keen foresight into market stability and consistent consumer demand. FirstFleet has built lasting relationships with its top clients, boasting an impressive average tenure of 17 years among its top 10 customers.
Financial Implications and Growth Potential
This acquisition is anticipated to significantly increase Werner’s dedicated revenues by about 50%, effectively enhancing its presence in vital market segments. The combination of Werner and FirstFleet’s operations will result in a more extensive dedicated fleet, comprising approximately 7,365 trucks and nearly 40,000 trailers. This consolidation of resources is expected to improve network density, particularly in the eastern United States, ensuring timely and efficient service delivery for a range of customers.
Furthermore, Werner projects the acquisition to be immediately accretive to its earnings per share, indicating strong financial performance moving forward. As approximately $18 million in annual synergies are realized within the first two years, the company is poised for considerable growth in both revenue and market influence.
Commitment to Local Management and Operations
Importantly, Werner intends to retain the majority of FirstFleet’s management team, underscoring a commitment to local expertise while fostering continuity for clients and employees alike. With FirstFleet continuing to operate from its headquarters in Murfreesboro, the integration process prioritizes stability and efficiency in both leadership and operations.
Werner Enterprises: A Leader in Transportation Solutions
Headquartered in Omaha, Nebraska, Werner Enterprises is a forward-thinking transportation and logistics provider, employing over 12,500 associates and leveraging advanced technology to optimize fleet operations. Its commitment to offering Dedicated and One-Way Truckload services, coupled with logistics solutions that include truckload brokerage and freight management, positions the company for sustained success in a competitive landscape.
Conclusion: A Promising Future for Werner and FirstFleet
The acquisition of FirstFleet by Werner Enterprises signifies a positive trend in the transportation sector – one that prioritizes strategic growth, local management retention, and enhanced service capabilities. As Memphis and the surrounding regions continue to grow economically, partnerships like this will play a critical role in strengthening job creation and ensuring reliable service across vital industries. Local entrepreneurs and businesses might look to this move as inspiration for their innovative efforts, reinforcing the importance of resilience and adaptability in a fluctuating marketplace.
Readers are encouraged to stay engaged with developments in the Memphis TN business community, supporting local businesses that foster jobs and economic growth.
Frequently Asked Questions (FAQ)
What is the value of Werner Enterprises’ acquisition of FirstFleet?
Werner Enterprises acquired FirstFleet for approximately $245 million in cash, with an additional $37.8 million for real estate assets, totaling about $282.8 million.
How many tractors and trailers does FirstFleet operate?
FirstFleet operates approximately 2,400 tractors and 11,000 trailers.
What are the primary market segments served by FirstFleet?
FirstFleet specializes in sectors such as grocery, baked goods, and corrugated packaging.
What is the expected impact of the acquisition on Werner’s dedicated revenues?
The acquisition is expected to increase Werner’s dedicated revenues by about 50%, enhancing its position in resilient market segments.
Where is Werner Enterprises headquartered?
Werner Enterprises is headquartered in Omaha, Nebraska.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquisition Value | $282.8 million (including real estate assets) |
| FirstFleet’s Fleet | 2,400 tractors and 11,000 trailers |
| Primary Market Segments | Grocery, baked goods, and corrugated packaging |
| Expected Increase in Dedicated Revenues | Approximately 50% |
| Combined Dedicated Fleet | 7,365 trucks and nearly 40,000 trailers |
| Headquarters of Werner Enterprises | Omaha, Nebraska |
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Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
