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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes changes in the carrying amount of goodwill by segment for the three months ended March 31, 2023 (in thousands):
| TTS |  | Werner Logistics |  | Total
Balance as of December 31, 2022 | $ | 53,897 |  |  | $ | 78,820 |  |  | $ | 132,717 |
Purchase accounting adjustments (1) | (7,841) |  |  | 4,228 |  |  | (3,613) |
Balance as of March 31, 2023 | $ | 46,056 |  |  | $ | 83,048 |  |  | $ | 129,104 |
(1) The purchase accounting adjustments consist of post-closing adjustments related to net assets assumed in the acquisition of ReedTMS. For additional information regarding these purchase accounting adjustments, see Note 2.
Schedule of Acquired Intangible Assets | The following table presents acquired intangible assets (in thousands):
| March 31, 2023 |  | December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | $ | 80,200 |  |  | $ | (7,974) |  |  | $ | 72,226 |  |  | $ | 64,900 |  |  | $ | (5,714) |  |  | $ | 59,186 |
Trade names | 24,600 |  |  | (2,796) |  |  | 21,804 |  |  | 24,600 |  |  | (2,284) |  |  | 22,316 |
Total intangible assets | $ | 104,800 |  |  | $ | (10,770) |  |  | $ | 94,030 |  |  | $ | 89,500 |  |  | $ | (7,998) |  |  | $ | 81,502 |

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