Werner Enterprises Acquires FirstFleet in $245 Million Deal, Becomes Fifth-Largest Dedicated Carrier
The Fleet Desk·Jan 28, 2026·1 min read
Werner closes a $245M deal for dedicated carrier FirstFleet, adding 2,400 tractors and $615M in annual revenue.
A Landmark Deal for the Dedicated Segment
Werner Enterprises has completed its acquisition of privately held FirstFleet, Inc. for approximately $245 million in cash, marking one of the largest dedicated trucking deals in recent memory.
What Werner Gets
- Approximately 2,400 tractors and 11,000 trailers
- 37 strategically located properties near 130 customer sites
- Deep customer relationships with an average 17-year tenure among top 10 accounts
Why Dedicated Matters Now
Dedicated fleets have emerged as a bright spot during the prolonged freight recession. Their revenue predictability and higher margins make them attractive to carriers looking to insulate from spot-market volatility.
Werner has identified roughly $18 million in annual synergies from the combination. The integration is expected to be completed by mid-2026.
