Werner founded Werner Enterprises in 1956 with a single truck purchased with proceeds from the sale of a family car. In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. On average, Werner Enterprises executives and independent directors trade stock every 34 days with the average trade being worth of $4,532,231. googletag.enableServices(); After 20 + years driving, I am about to leave the professional driving slavery. Its truly the epitome of an American success story.. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. Opportunities Box 45308 Brokerage Standard Terms & Conditions }); googletag.cmd.push(function() { Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. Are you an organization or group who would like to request assistance from the Blue Brigade? Gloria Werner died Tuesday after a 17-month battle with lung cancer. She was 79. These symbols will be available throughout the site during your session. Secure .gov websites use HTTPS Werners Blue Brigade is a team of compassionate and committed associates who volunteer their time and talent to serve the community. Today, over 65 years since CLs journey began, Werner Enterprises, Inc. is an asset-based logistics provider and one of the five largest truckload carriers in the United States. The press release said that Morgan Stanley is acting as the sole underwriter in the transaction. The largest trade he's ever made was selling 14,130,523 units of Werner Enterprises stock on 8 June 2020 worth over $579,351,443. Werner also has a charitable side. Warren Buffett, chairman and chief executive officer of Berkshire You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Equipment Sales, About Werner Looking for legal documents or records? Werner Enterprises, Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates. www.fleetowner.com is using a security service for protection against online attacks. She was very interested in her local community and what was going on and how she could be a good citizen.. Complete the form below and well get in touch. Mr. Werner has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer and President, when Mr. Werners term ends. Please enable cookies on your browser and try again. He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Hes built schools and churches and made major contributions to medical centers. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); The company also announced that nearly 13 million shares of Werners common stock held in a revocable trust was registered for sale in a public offering. Morgan Stanley is acting as the sole underwriter of the offering. The legacy hes built is founded on integrity, doing things the right way, putting the customer at the forefront of what we do and always having respect for the role and importance of the professional drivers.. As a person, when I think of him the word that comes to mind is hes humble.. It will be hard for someone who dedicated the entirety of his life to making this company what it is to take a step back, Leathers said. 100% Free Registration . Contact: Fred Thayer, Associate Vice President- Corporate Brand and CommunicationsWerner Enterprises, Inc.402.895.6640 ext. Gloria Werner's hard work a big part of trucking company's success. Werner founder to pay nearly $487k in fines to FTC for alleged Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. Werner Enterprises executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Clarence L. Werner serves as Chairman of the Board of the Company. Omaha, NE 68145 Type a symbol or company name. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. Thats likely attributable to C.L. Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Resources U.S. v. Clarence L. Werner. Hear a snippet, above, and get the full program by going to RoadSigns.TTNews.com. OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. Please enable JavaScript on your browser and try again. He served as our Chief Executive Officer (CEO) from 1984 until February 2007, and he was Chairman from 1984 until May 2011. Provide better on-time service to customers and less downtime. U.S. v. Clarence L. Werner | ATR | Department of Justice When you look at that face,keep in mind that that is the face greatly responsible for the elogs crap,his drivers were driving like bandits,about to shut down by the D.O.T. Actual results could differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werners Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020. Please subscribe to keep reading. Any such updates or revisions may be made by filing reports with the U.S. Securities and Exchange Commission, through the issuance of press releases or by other methods of public disclosure. After retiring, she threw herself into the lives of her grandchildren, Werner-Robertson said, often swooping in to watch them when parents were out of town or between day cares and nannies. Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. In addition, the Clarence L. Werner . He served as Chairman Emeritus from May 2011 until August 2015, at which time he was elected as Chairman and assumed the responsibility of Chief Executive Officer. Share sensitive information only on official, secure websites. Clarence L Werner (1921-1970) - Find a Grave Memorial Werner CEO Looks Back at Founder's Legacy | Transport Topics Get up-to-the-minute news sent straight to your device. This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements about the proposed offering and the expected transition of the role of Chairman of the board of directors, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The most active insiders traders include Clarence L Werner, Gregory L Werner, and Gary L Werner. Competitive Impact Statement: U.S. v. Clarence L. Werner By providing your email address below, you are providing consent to Werner Enterprises, Inc. to send you the requested Investor Email Alert updates. You can cancel at any time. Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. Frequently asked questions from carriers like you! The site is secure. On May 10, 2016, he stepped down as CEO and became Executive Chairman. 13) will pay a $486,900 . Official websites use .gov Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Temperature-Controlled [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. He has been a Company director since that time and also served as President until 1984. Hes very philanthropic, Leathers said. United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment (April 20, 2022), Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act (December 22, 2021), To view PDF files on this website you need the free Adobe Reader. On average, Clarence trades about 373,335 units every 132 days since 2004. PRESS RELEASE: FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner Enterprises, Inc. for Repeatedly Violating Antitrust Laws, United States of America, Plaintiff v. Clarence L. Werner c/o Werner Enterprises, Inc., Defendant, Competition and Consumer Protection Guidance Documents, An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments, FTC Lawsuit Leads to Permanent Ban from Debt Relief, Telemarketing for Operators of Debt Relief Scam, Is Franchising Fair? Phone: 800-228-2240 He has his own foundation that does work around things he has passion for., Leathers added, His legacy, in short, means everything to us. In 1977 the company moved to Omaha, where Gloria Werner lived out the rest of her life. Advantages Current CEO and President Derek Leathers has been appointed to the board as a member and vice chairman. Werners outlook on managing the company, Leathers said. I have talked for years about how we were founded by a driver, we are led by a driver and we try to lead with the driver in mind. googletag.cmd.push(function() { She and her then-husband, Clarence L. Werner, founded Werner Enterprises in 1956 with one truck. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling shareholder. MarketScreener: Created by Investors for Investors! COVID-19 has placed significant strain on many freight networks. But the Werner family showed an indomitable spirit and battled the crises. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Alternatively, copies of the prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com. Leathers C.L. would tell you it took decades to start gaining any real momentum and really start to see growth and a larger footprint.. Despite the companys growth over the years, C.L. Werners inaugural Corporate Social Responsibility Report is a culmination of the work weve been doing to carefully and strategically hone Werners commitment to ESG. Site Map St. Paul, MN 55164-0854 100-2065fthayer@werner.com, Werner Investor Relations Werner Enterprises, Inc.'s common stock trades on the NASDAQ Global Select MarketSM under the symbol 'WERN'. He has been a Company director since that time and also served as President until 1984. Werners Standard Rules Tariff We take great pride in our transparency. Final Mile 1444 Blairs Bridge Rd, Lithia Springs, GA 30122, USA, 2215 Newlins Mill Rd, Easton, PA 18045, USA, 8701 Peterbilt Ave, Dallas, TX 75241, USA, 9239 Brighton Rd, Henderson, CO 80640, USA, 10251 Calabash Ave, Fontana, CA 92335, USA, 13000 Gateway Blvd E, Clint, TX 79836, USA, 879 Northwest, Bell Rd, Lake City, FL 32055, USA, 4801 W Magnolia St, Phoenix, AZ 85043, USA, 4395 Laybourne Rd, Springfield, OH 45505, USA, 18673 Dix Toledo Rd, Brownstown Charter Twp, MI 48193, USA, 2800 S Service Rd, West Memphis, AR 72301, USA. Most recently he sold 14,130,523 units of WERN stock worth $579,351,443 on 8 June 2020. googletag.pubads().enableSingleRequest(); Gloria Werner died Tuesday after a 17-month battle with lung cancer. Werner Enterprises, Inc., headquartered in Omaha, Nebraska, is the fourth largest trucking company in the United States. Civil Action No. Sadly they dont care about the long term drivers anymore. At Werner Enterprises, Inc., we promise to treat your data with respect and will not share your information with any third party. Werner ' s fleet of 5,500 trucks and 15,000 trailers serves the United States and Canada . In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. You must click the activation link in order to complete your subscription. Federal government websites often end in .gov or .mil. Type a symbol or company name. Werner Enterprises Founder Steps Down, Common Stock Offering Proposed Contact Founded by Clarence L. Werner in 1956, it is a publicly traded company led by the Werner family, which retains 40 percent ownership. Morgan Stanley is acting as the sole underwriter of the offering. Whether in the office or behind the wheel, join Werner today. 16(b)-(h), that a proposed Final Judgment, Stipulation, and Competitive Impact Statement have been filed with the United States District Court for the District of As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. Werner assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. WERNER ENTERPRISES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Cross-Border We celebrate 40-year anniversaries here on a fairly regular basis, Leathers said. Werner Enterprises was founded by Clarence L. Werner in 1956. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. She worked. In addition, he makes $1,787,390 as Chairman of the Board at Werner Enterprises. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner has always remained connected to its roots, Leathers said. This process is automatic. Leathers noted that includes structuring the company so that it can thrive not just beyond C.L. Benefits of latest machine technology to improve fuel efficiency. She was 79. Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino Act. Contact the writer: 402-444-1414, paige.yowell@owh.com. CL Werner started hauling cargo for other companies, building the company one truck at a time, hauling in regional areas. Clarence L Werner - Bio, Net Worth & Business Detail - Trucking Monitor Hes maintained his CDL, Leathers noted. Higher horsepower maintains consistent productivity over various road grades. The most recent stock trade was executed by Carmen A Tapio on 11 August 2022, trading 1,170 units of WERN stock currently worth $49,374. Hes a thoughtful leader. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Werner Enterprises Stock Ownership - WallStreetZen You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Phone: 1-800-468-9716. P.O. Today the carrier has more than 7,800 tractors in service, generating nearly $2.5 billion in revenue during 2019. window.googletag = window.googletag || {cmd: []}; FTC Rings in the New Year with HSR Enforcement and - Proskauer Werner Enterprises has a strong foundation of driving greater sustainability throughout our over 65-year history. The complaint 1 alleges that Mr. Werner first violated the reporting requirements of the HSR Act in May 2007, when he exercised options to acquire WEI stock that resulted in his combined holdings exceeding the . In connection with CL Werners transition, the Company also announced today an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which Mr. Werner is the grantor and sole trustee, subject to market conditions and other factors. Clarence's mailing address filed with the SEC is PO BOX 45308, , OMAHA, NE, 68145. General Freight Trucking, Long-Distance, Truckload, United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment, Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act, United States Explanation of Procedures Under the Antitrust Procedures and Penalties Act, Report Anticompetitive Conduct After a Natural Disaster. Cl Werner Foundation - Nonprofit Explorer - ProPublica Dont miss the hottest freight event of the summer! Host Seth Clevenger chats with two 3PL executives who have had firsthand experience contending with this crisis. Clarence Werner Net Worth (2023) | wallmine Werner Enterprises, Inc. founder Clarence L. Werner agreed to a $486,900 civil penalty to settle claims that he violated the HSR Act by acquiring Werner Enterprises stock in a series of open market purchases without filing under the HSR Act and observing the required waiting period. He is expected to be named chairman emeritus once his term is over. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement, and other documents Werner Enterprises, Inc. has filed with the SEC for more complete information about Werner Enterprises, Inc. and the offering. . Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. Werner was born Oct. 27, 1934, on her familys farm in Petersburg, Nebraska. OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. Clarence L. Werner serves as Chairman of the Board of the Company. OMAHA, Neb., June 03, 2020 (GLOBE NEWSWIRE) - Werner Enterprises, Inc. (Nasdaq: WERN) today announced the pricing of an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which our founder Clarence L. Werner is the grantor and sole trustee, at a public offering price of $41.00 per share. View the full 2020 CSR report here. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. He is the face of tiranny and evil,as far as I am concerned.
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