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v3.25.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Information | The following tables summarize our segment information (in thousands):
| Three Months Ended June 30, 2025
| Truckload Transportation Services |  | Werner Logistics |  | Total
Revenues from external customers | $ | 512,898 |  |  | $ | 221,177 |  |  | $ | 734,075 |
Inter-segment revenues | 4,749 |  |  | — |  |  | 4,749 |
Reportable segment revenues | 517,647 |  |  | 221,177 |  |  | 738,824 |
Reconciliation of revenues: |  |  |  |  |
Other revenues (1) |  |  |  |  | 19,073 |
Elimination of inter-segment revenues |  |  |  |  | (4,749) |
Consolidated revenues |  |  |  |  | $ | 753,148 |
Less operating expenses: (2) |  |  |  |  |
Salaries, wages and benefits (3) | 225,123 |  |  | 18,044 |  |  | 243,167 |
Fuel | 59,731 |  |  | 338 |  |  | 60,069 |
Supplies and maintenance | 53,710 |  |  | 2,916 |  |  | 56,626 |
Taxes and licenses | 22,662 |  |  | 244 |  |  | 22,906 |
Insurance and claims (4) | (7,555) |  |  | 506 |  |  | (7,049) |
Depreciation and amortization | 65,207 |  |  | 3,868 |  |  | 69,075 |
Rent and purchased transportation | 40,110 |  |  | 190,293 |  |  | 230,403 |
Communications and utilities | 3,107 |  |  | 228 |  |  | 3,335 |
Gains on sales of property and equipment | (5,799) |  |  | (420) |  |  | (6,219) |
Other segment items (5) | (2,738) |  |  | 832 |  |  | (1,906) |
Reportable segment operating expenses | 453,558 |  |  | 216,849 |  |  | 670,407 |
Reportable segment operating income | $ | 64,089 |  |  | $ | 4,328 |  |  | $ | 68,417 |
Reconciliation of operating income: |  |  |  |  |
Other operating loss (1) |  |  |  |  | (2,096) |
Consolidated operating income |  |  |  |  | $ | 66,321 |
| Three Months Ended June 30, 2024
| Truckload Transportation Services |  | Werner Logistics |  | Total
Revenues from external customers | $ | 533,806 |  |  | $ | 208,912 |  |  | $ | 742,718 |
Inter-segment revenues | 3,263 |  |  | — |  |  | 3,263 |
Reportable segment revenues | 537,069 |  |  | 208,912 |  |  | 745,981 |
Reconciliation of revenues: |  |  |  |  |
Other revenues (1) |  |  |  |  | 18,080 |
Elimination of inter-segment revenues |  |  |  |  | (3,263) |
Consolidated revenues |  |  |  |  | $ | 760,798 |
Less operating expenses: (2) |  |  |  |  |
Salaries, wages and benefits | 231,640 |  |  | 20,486 |  |  | 252,126 |
Fuel | 71,232 |  |  | 402 |  |  | 71,634 |
Supplies and maintenance | 53,654 |  |  | 1,989 |  |  | 55,643 |
Taxes and licenses | 25,099 |  |  | 228 |  |  | 25,327 |
Insurance and claims | 30,501 |  |  | 1,400 |  |  | 31,901 |
Depreciation and amortization | 65,572 |  |  | 3,745 |  |  | 69,317 |
Rent and purchased transportation | 33,783 |  |  | 178,819 |  |  | 212,602 |
Communications and utilities | 3,267 |  |  | 465 |  |  | 3,732 |
Gains on sales of property and equipment | (1,466) |  |  | (265) |  |  | (1,731) |
Other segment items (5) | 2,789 |  |  | 1,093 |  |  | 3,882 |
Reportable segment operating expenses | 516,071 |  |  | 208,362 |  |  | 724,433 |
Reportable segment operating income | $ | 20,998 |  |  | $ | 550 |  |  | $ | 21,548 |
Reconciliation of operating income: |  |  |  |  |
Other operating loss (1) |  |  |  |  | (1,937) |
Consolidated operating income |  |  |  |  | $ | 19,611 |
| Six Months Ended June 30, 2025
| Truckload Transportation Services |  | Werner Logistics |  | Total
Revenues from external customers | $ | 1,010,710 |  |  | $ | 416,735 |  |  | $ | 1,427,445 |
Inter-segment revenues | 8,812 |  |  | — |  |  | 8,812 |
Reportable segment revenues | 1,019,522 |  |  | 416,735 |  |  | 1,436,257 |
Reconciliation of revenues: |  |  |  |  |
Other revenues (1) |  |  |  |  | 37,817 |
Elimination of inter-segment revenues |  |  |  |  | (8,812) |
Consolidated revenues |  |  |  |  | $ | 1,465,262 |
Less operating expenses: (2) |  |  |  |  |
Salaries, wages and benefits (3) | 442,826 |  |  | 36,300 |  |  | 479,126 |
Fuel | 122,164 |  |  | 698 |  |  | 122,862 |
Supplies and maintenance | 105,048 |  |  | 5,589 |  |  | 110,637 |
Taxes and licenses | 44,619 |  |  | 467 |  |  | 45,086 |
Insurance and claims (4) | 35,519 |  |  | 1,128 |  |  | 36,647 |
Depreciation and amortization | 128,253 |  |  | 7,560 |  |  | 135,813 |
Rent and purchased transportation | 78,563 |  |  | 359,512 |  |  | 438,075 |
Communications and utilities | 6,715 |  |  | 585 |  |  | 7,300 |
Gains on sales of property and equipment | (9,087) |  |  | (719) |  |  | (9,806) |
Other segment items (5) | 1,729 |  |  | 1,762 |  |  | 3,491 |
Reportable segment operating expenses | 956,349 |  |  | 412,882 |  |  | 1,369,231 |
Reportable segment operating income | $ | 63,173 |  |  | $ | 3,853 |  |  | $ | 67,026 |
Reconciliation of operating income: |  |  |  |  |
Other operating loss (1) |  |  |  |  | (6,537) |
Consolidated operating income |  |  |  |  | $ | 60,489 |
| Six Months Ended June 30, 2024
| Truckload Transportation Services |  | Werner Logistics |  | Total
Revenues from external customers | $ | 1,080,861 |  |  | $ | 411,394 |  |  | $ | 1,492,255 |
Inter-segment revenues | 7,334 |  |  | — |  |  | 7,334 |
Reportable segment revenues | 1,088,195 |  |  | 411,394 |  |  | 1,499,589 |
Reconciliation of revenues: |  |  |  |  |
Other revenues (1) |  |  |  |  | 37,623 |
Elimination of inter-segment revenues |  |  |  |  | (7,334) |
Consolidated revenues |  |  |  |  | $ | 1,529,878 |
Less operating expenses: (2) |  |  |  |  |
Salaries, wages and benefits | 468,171 |  |  | 41,796 |  |  | 509,967 |
Fuel | 148,106 |  |  | 840 |  |  | 148,946 |
Supplies and maintenance | 107,784 |  |  | 3,873 |  |  | 111,657 |
Taxes and licenses | 49,875 |  |  | 468 |  |  | 50,343 |
Insurance and claims | 65,535 |  |  | 2,629 |  |  | 68,164 |
Depreciation and amortization | 132,505 |  |  | 7,412 |  |  | 139,917 |
Rent and purchased transportation | 66,278 |  |  | 352,985 |  |  | 419,263 |
Communications and utilities | 6,901 |  |  | 1,232 |  |  | 8,133 |
Gains on sales of property and equipment | (5,931) |  |  | (484) |  |  | (6,415) |
Other segment items (5) | 7,133 |  |  | 2,422 |  |  | 9,555 |
Reportable segment operating expenses | 1,046,357 |  |  | 413,173 |  |  | 1,459,530 |
Reportable segment operating income (loss) | $ | 41,838 |  |  | $ | (1,779) |  |  | $ | 40,059 |
Reconciliation of operating income: |  |  |  |  |
Other operating loss (1) |  |  |  |  | (4,860) |
Consolidated operating income |  |  |  |  | $ | 35,199 |
(1) Revenues and operating income or loss from segments below the quantitative thresholds for determining reportable segments. Those segments include driver training schools, transportation-related activities such as third-party equipment maintenance and equipment leasing, other business activities, and corporate related items which are incidental to our activities and are not attributable to any of our operating segments. (2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Inter-segment expenses are included within the amounts shown. (3) During the three and six months ended June 30, 2025, salaries, wages and benefits for the TTS and Werner Logistics segments included severance costs of $0.9 million and $0.4 million, respectively, related to recent cost saving initiatives. (4) During the three and six months ended June 30, 2025, insurance and claims expense for the TTS segment was offset by a $45.7 million liability reversal as a result of a favorable decision related to a lawsuit arising from a December 2014 accident. For additional information regarding this lawsuit, see Note 8 – Commitments and Contingencies. (5) Other segment items for each reportable segment primarily includes costs for professional services. During the three and six months ended June 30, 2025, other segment items for the TTS segment were partially offset by a net favorable change of $7.9 million and $7.8 million, respectively, to the contingent earnout liability related to the Baylor Trucking, Inc. acquisition. For additional information regarding this contingent consideration arrangement, see Note 5 – Fair Value.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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