secwatch.observer — SEC 8-K summary
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Issuer:     WERNER ENTERPRISES INC (WERN)
CIK:        0000793074
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0000793074-26-000002
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Werner Enterprises acquires FirstFleet for $245M; expands Dedicated trucking
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- Acquisition price $245M cash, plus up to $35M earnout; $37.8M for separate real estate.
- FirstFleet has $615M annual revenue, 2,400 tractors, 11,000 trailers; Werner becomes 5th largest Dedicated carrier.
- Deal expected immediately accretive to EPS; ~$18M annual synergies within two years.
- Funded via cash on hand and revolving credit; FirstFleet to operate as unit within TTS segment.
- Werner retains majority of FirstFleet management; headquarters in Murfreesboro, TN.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793074/000079307426000002/0000793074-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793074/000079307426000002/wern-20260127.htm
  HTML page:      https://secwatch.observer/filing/0000793074-26-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer