Acquisition of ReedTMS Logistics
INCREASING DURABILITY AND RESILIENCE AS WE GROW
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Announced new metrics-based management performance pay program
Reinvested in vertically integrated, owned driver training school network
focusing on driver quality
Expanded Dedicated fleet to create more durable and resilient revenue
and income streams
Achieved lower fleet age; 2019 CapEx normalized and targeted net
CapEx at 11% - 13% of annual revenues
Furthered our journey toward a more balanced revenue portfolio
Maintained modestly higher debt; serving to reduce overall cost of
capital
Sold Werner Global Logistics
Acquired ECM and NEHDS
Published inaugural CSR report
Raised long-term TTS operating margin % goals
WERNER
WE KEEP AMERICA MOVING
2017
2019
2021
2016
2018
2020
2022
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Derek Leathers named President and CEO
Launched 5Ts Strategy
Increased CapEx to:
Further lower fleet age, enhance truck features, improve service and our
driver experience
Strengthen our terminal network
Began implementing balanced revenue portfolio
Established quarterly earnings calls in 4Q18, including guidance metrics
Continued to intentionally focus on alignment with customers who are
winning in their vertical and who view their supply chain as a competitive
advantage
Announced Werner EDGE, commitment to technology & innovation and
Cloud First, Cloud Now strategy
Introduced sustainability as a new core strategy component of 5Ts + S
Began diversifying and strengthening our board of directors
Established new long-term TTS operating margin % goals
Partnered with Mastery Logistics
Expanded driver training school network locations
from 13 (as of 12/20) to 22 (as of 3/22)
Published CSR Update
Acquired Baylor Trucking and ReedTMS Logistics
Launched Werner DRIVE
953
ECHNOLDST
DURABLE
YOUCKS
WERNER
DRIVE
VALUES
TERMINALS
RESULTS
INNOVATION
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