Werner acquires Tennessee trucking company for $245 million

Werner Enterprises, Inc. announced the acquisition of a privately-owned Tennessee-headquartered trucking company.

On January 28, 2026, Werner announced the acquisition of Murfreesboro, Tennessee, trucking company FirstFleet for $245 million in cash.

The company says that the acquisition makes Werner the fifth-largest Dedicated carrier in the U.S.

Werner says that FirstFleet will operate as a business unit within Werner’s TTS segment, complementing the existing Dedicated division.

FirstFleet’s assets include a fleet of 2,400 tractors and 11,000 trailers as well as 37 strategically located properties near 130 customer sites around the country.

Werner will also acquire real estate properties from FirstFleet in a separate transaction for $37 million.

“Since 1986, FirstFleet has delivered exceptional growth by treating our team members and customers like family,” said Paul Wilson, one of FirstFleet’s owners. “In choosing to combine with Werner, we are joining a leader in our industry with a proud history of caring deeply about their associates and customers. Our team has long admired Werner’s leadership, and we strongly believe this transaction is an excellent opportunity to leverage best-in-class technology and deliver significant value to all our stakeholders.”

“Powered by the talent of our combined associates, this partnership comes at the ideal moment for our company. By uniting FirstFleet’s expertise in complementary new verticals with our resources and nearly 5,000 Dedicated trucks, we will improve our competitive position and accelerate profitable growth,” said Werner’s Chairman and CEO, Derek Leathers. “We have found a strong cultural fit with a shared commitment to safety, service and innovation. Together, we are better positioned to drive tech-enabled solutions and deliver lasting value for our customers, drivers and shareholders.”

“We are confident that, with the addition of the FirstFleet team, Werner will be stronger and even better positioned to serve our loyal customers and capitalize on profitable growth opportunities as market conditions continue to improve,” said Leathers.