Werner snaps up Baylor Trucking

PRESS RELEASE 

Werner Enterprises Acquires Premier Truckload Carrier Baylor Trucking, Inc.

– Expands terminal, fleet and professional driver footprint in the east central and south central U.S. truckload markets

– Combines similar customer-centric cultures, with both Werner and Baylor Trucking focused on the highest standards of safety and on-time service

– Baylor achieved revenues of $81.5 million for the twelve months ended August 31, 2022

OMAHA, Neb., Oct. 03, 2022 (GLOBE NEWSWIRE) — Werner Enterprises, Inc. (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies, announced today it has signed a definitive agreement and closed on the acquisition of FAB9, Inc., doing business as Baylor Trucking, Inc. (“Baylor”). Founded in 1946, Baylor is an award-winning and premier truckload carrier that operates 200 trucks and 980 trailers in the east central and south central U.S., with their network of two terminals.

“Baylor, with its highly-skilled professional drivers and non-driver associates, further strengthens our portfolio with their exceptional service and stellar reputation,” said Derek Leathers, Chairman, President and Chief Executive Officer. “I have known Cari Baylor for many years and I have tremendous respect for what Cari, her family and her leadership team have created at Baylor. This acquisition delivers on our Werner DRIVE strategy and will position us for further growth. We expect this transaction to be accretive in year one and anticipate buying power synergies through integrated management of our combined fleets.”

The full release is here.