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Werner Enterprises Acquires FirstFleet, Expanding Dedicated Trucking

Story Highlights
  • Werner Enterprises acquired dedicated carrier FirstFleet and related real estate for about $283 million, expanding its fleet, facilities and customer footprint across the U.S.
  • The transaction makes Werner the fifth-largest North American dedicated carrier, strengthens its presence in resilient sectors and is expected to be immediately accretive to earnings with meaningful cost synergies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Werner Enterprises Acquires FirstFleet, Expanding Dedicated Trucking

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Werner Enterprises ( (WERN) ) has shared an announcement.

On January 27, 2026, Werner Enterprises acquired 100% of First Enterprises, Inc. (FirstFleet), a privately held dedicated trucking company based in Murfreesboro, Tennessee, for approximately $245 million in cash, plus a separate $37.8 million purchase of 11 real estate properties, funded through cash on hand and its existing revolving credit facility. The deal, which adds roughly 2,400 tractors, 11,000 trailers and 37 properties serving about 130 customer sites, elevates Werner to the fifth-largest dedicated carrier in North America, boosts its exposure to resilient end markets such as grocery, bakery goods and corrugated packaging, and is expected to be immediately accretive to EPS, with around $18 million in annual synergies and stronger free cash flow anticipated as FirstFleet operates as a business unit within Werner’s Truckload Transportation Services segment while largely retaining its management and Murfreesboro headquarters.

The most recent analyst rating on (WERN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Werner Enterprises stock, see the WERN Stock Forecast page.

Spark’s Take on WERN Stock

According to Spark, TipRanks’ AI Analyst, WERN is a Neutral.

Werner Enterprises’ overall stock score reflects a mixed financial performance with strong technical indicators. While the company shows promise in its operational improvements and strategic initiatives, high valuation and legal challenges present risks. The stock’s technical strength is a significant positive, but financial and legal concerns weigh on the overall score.

To see Spark’s full report on WERN stock, click here.

More about Werner Enterprises

Werner Enterprises, Inc. is a premier North American transportation and logistics provider offering dedicated and one-way truckload services, along with logistics solutions such as truckload brokerage, freight management, intermodal and final mile across the U.S., Mexico and Canada. With 2024 revenues of $3.0 billion, a modern truck and trailer fleet, more than 12,500 employees and its Werner EDGE technology platform, the company focuses on reliable, safe and on-time service for customers that prioritize supply chain integrity, while pursuing a balanced sustainability strategy.

Average Trading Volume: 1,079,659

Technical Sentiment Signal: Buy

Current Market Cap: $2B

For an in-depth examination of WERN stock, go to TipRanks’ Overview page.

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