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GOODWILL AND INTANGIBLE ASSETS
 3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The following table summarizes changes in the carrying amount of goodwill by segment for the three months ended March 31, 2026 (in thousands):
TTS
Werner Logistics
Total
Balance as of December 31, 2025
$46,056 $83,048 $129,104 
Goodwill recorded in acquisition of FirstFleet9,472 — 9,472 
Balance as of March 31, 2026
$55,528 $83,048 $138,576 
The following table presents acquired intangible assets (in thousands):
March 31, 2026December 31, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships$82,600 $(22,815)$59,785 $60,000 $(20,939)$39,061 
Trade names7,600 (2,217)5,383 7,600 (2,058)5,542 
Total intangible assets$90,200 $(25,032)$65,168 $67,600 $(22,997)$44,603 
Amortization expense on intangible assets was $2.0 million and $2.5 million for the three months ended March 31, 2026 and 2025, respectively, and is reported in depreciation and amortization on the consolidated statements of income. As of March 31, 2026, we estimate future amortization expense for intangible assets will be $6.7 million for the remainder of 2026, and $8.9 million for each of the next four fiscal years and $8.7 million for the fifth succeeding fiscal year.