Werner acquires dedicated carrier FirstFleet for $245M

Werner Enterprises announced Wednesday that it has acquired dedicated carrier FirstFleet for 245millionincash.Thedealaddsover245 million in cash. The deal adds over 615 million in annual revenue and more than 2,400 tractors to Werner’s existing dedicated fleet, making Werner the fifth-largest dedicated provider in the U.S. Werner’s (NASDAQ: WERN) dedicated fleet currently includes 4,865 units and last 12 months’ revenue of 1.15billion.Wernergeneratesnearly1.15 billion. Werner generates nearly 3 billion in consolidated annual revenue. Murfreesboro, Tennessee-based ...