clarence l werner

Click for more FreightWaves articles by Todd Maiden. You can help Wikipedia by expanding it. Werner was in continuous violation of the HSR Act from May 14, 2007, when he acquired the Werner Inc. voting securities valued in excess of the HSR Act's $100 million filing threshold, as adjusted, through April 3, 2020, when the waiting period expired on his . gptAdSlots.push(gptSlot); Werner Enterprises (NASDAQ: WERN) is owned by 85.74% institutional shareholders, 57.90% Werner Enterprises insiders, and 0.00% retail investors. Want more news? I have talked for years about how we were founded by a driver, we are led by a driver and we try to lead with the driver in mind. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The site is secure. Gloria Werner was always known as creative and tenacious. Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. St. Paul, MN 55164-0854 They think a degree in management or logistics makes them better then the drivers and qualified to tell someone with no tickets, csa points or accidents how to drive. These symbols will be available throughout the site during your session. Sadly they dont care about the long term drivers anymore. To find out how we are doing this, click here, 1444 Blairs Bridge Rd Lithia Springs, GA 30122 Local: (770) 739-3600 Toll Free: (800) 828-7556, 2215 Newlins Mill RoadEaston, PA 18045Toll Free: (800) 423-8296, 8701 Peterbilt Ave Dallas, TX 75241 Local: (972) 224-5353 Toll Free: (800) 433-5655, 9239 Hwy 85 Henderson, CO 80640 Local: (303) 286-0242 Toll Free: (800) 338-6177, 10251 Calabash Ave Fontana, CA 92335 Local: (909) 823-4995 Toll Free: (800) 255-2194, 13000 Gateway East Blvd Clint, TX 79836 Local: (915) 872-1279 Toll Free: (866) 262-9670, 879 Northwest Bell St.Lake City, FL 32055Local: 386-401-7124, 742 S Combee RdLakeland, FL 33801Local: (863) 666-3160, 1201 Carrier DrLaredo, TX 78045Local: (956) 717-0996, 4801 W Magnolia Phoenix, AZ85043 Local: (602) 455-3060 Toll Free: (800)-522-2668, 4395 Laybourne Rd Springfield, OH 45505 Local: (937) 325-5403 Toll Free: (800) 227-6640, 18673 Dix-ToledoBrownstown, MI 48193Local: (734) 282-3954, 14507 Frontier RdOmaha, NE 68138Local: (402) 895-6640Toll Free: (800) 228-2240, 1738 Terminal Ct.Joliet, IL 60436Local: (815) 733-4100, 2800 S Service RdWest Memphis, AR 72301Phone: 1-800-346-4861. The largest trade he's ever made was selling 14,130,523 units of Werner Enterprises stock on 8 June 2020 worth over $579,351,443. Federal government websites often end in .gov or .mil. Maintaining a new fleet with an average tractor age of 2 years results in: At Werner, we support and encourage the diverse voices and perspectives of our associates, our customers, and our suppliers. In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. he and his log dept deviced the evil scheme that has been getting worse ever since. Today the carrier has more than 7,800 tractors in service, generating nearly $2.5 billion in revenue during 2019. window.googletag = window.googletag || {cmd: []}; 100-2065fthayer@werner.com, Werner Investor Relations Complete the form below and well get in touch. Are you an organization or group who would like to request assistance from the Blue Brigade? Final Judgment (April 20, 2022) United States' Unopposed Motion and Memorandum in Support of Entry of Final Judgment (April 20, 2022) Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act (December 22, 2021) Stipulation and Order . The most recent stock trade was executed by Carmen A Tapio on 11 August 2022, trading 1,170 units of WERN stock currently worth $49,374. Werner Enterprises was founded by Clarence L. Werner in 1956. An official website of the United States government. Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. They got a building full of number counters who think long time career drivers are too much of a expense when they can take no experienced steering wheel holders and replace them. Clarence L. Werner serves as Chairman of the Board of the Company. www.fleetowner.com is using a security service for protection against online attacks. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. www.fleetowner.com is using a security service for protection against online attacks. The Clarence L. Werner Revocable Trust is also expected to grant the underwriter of the offering a 30-day option to purchase up to an additional 1,284,593 shares of common stock. On average, Clarence trades about 373,335 units every 132 days since 2004. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Werner Enterprises has a strong foundation of driving greater sustainability throughout our over 65-year history. The service requires full JavaScript support in order to view this website. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner On average, Werner Enterprises executives and independent directors trade stock every 34 days with the average trade being worth of $4,532,231. The most active insiders traders include Clarence L Werner, Gregory L Werner, and Gary L Werner. MarketScreener: Created by Investors for Investors! Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. Clarence L. Werner - Biography - MarketScreener.com Werner ' s fleet of 5,500 trucks and 15,000 trailers serves the United States and Canada . Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Clarence L Werner is the face behind Werner Enterprises. The oldest executive at Werner Enterprises, Inc. is Clarence L. Werner, 83, who is the Founder & Chairman Emeritus. Get the latest local business news delivered FREE to your inbox weekly. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Beginning of a New Chapter as Werner Founder CL Werner Transitions 100-2065fthayer@werner.com. googletag.cmd.push(function() { Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. Official websites use .gov Hear a snippet, above, and get the full program by going to RoadSigns.TTNews.com. 1:21-cv-03332 Judge: James E. Boasberg Start Printed Page 479 Complaint for Civil Penalties for Failure To Comply With the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act Werner will remain as chairman through his current term, which expires in May 2021. But C.L. Werner was among the five largest truckload carriers in the United States in 2020. [4], Werner's fleet consists of approximately 10,000 tractors, 26,000 trailers and employs 13,500 employees and independent contractors. Defendant. The press release said that Morgan Stanley is acting as the sole underwriter in the transaction. Werner Enterprises CEO Derek Leathers in an exclusive interview with Transport Topics discussed how the principles established by company founder Clarence L. Werner who plans to step down as chairman of the board next year remain the foundation of how the company operates. CL WERNER FOUNDATION VALLEY, NE 68064-6603 | Tax-exempt since June 2010 EIN: 26-3839487 Classification ( NTEE ) Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werners Standard Rules Tariff She was so dedicated to her family, Werner-Robertson said. Despite the companys growth over the years, C.L. Werner Enterprises Founder Steps Down, Common Stock Offering Proposed Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., center, and Clarence L. Werner, founder of the Werner Enterprises, right, attend an event honoring Hall of Fame pitcher Bob Gibson in Papillion, Nebraska, U.S. on Thursday, April 11, 2013. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Type a symbol or company name. You can sign up for additional alert options at any time. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement, and other documents Werner Enterprises, Inc. has filed with the SEC for more complete information about Werner Enterprises, Inc. and the offering. Brokerage Standard Terms & Conditions Both carriers and customers consistently recognize Werner for our commitment to excellence in all that we do. U.S. v. Clarence L. Werner | ATR | Department of Justice Leathers noted he has done a lot to give back to the community. Thats likely attributable to C.L. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Mr. Werner is the father of Gregory L. Werner. Dont miss the hottest freight event of the summer! Werners retirement, but also beyond the tenures of the current management team, himself included. Hes continued to drive a truck at points along the way.. 16(b)-(h), that a proposed Final Judgment, Stipulation, and Competitive Impact Statement have been filed with the United States District Court for the District of As a result of these professional experiences, Mr. Werner brings to the Board a unique understanding of our business and operations attributed to his long-standing commitment to, management of and involvement with the Company for over 60 years, as well as his significant and extensive knowledge of the transportation industry. Box 64854 The company is not selling any shares in the offering and will not receive proceeds from the sale of Werners shares. By providing your email address below, you are providing consent to Werner Enterprises, Inc. to send you the requested Investor Email Alert updates. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. It will be hard for someone who dedicated the entirety of his life to making this company what it is to take a step back, Leathers said. Some photos, graphics, and other materials used on this website are copyrighted and used with permission or licensed for use on this website, but may not be copied and distributed without the copyright holders permission. We work to advance government policies that protect consumers and promote competition. Mr. Werner has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer and President, when Mr. Werners term ends. OMAHA, Neb. On May 10, 2016, he stepped down as CEO and became Executive Chairman. You have permission to edit this article. Werner will remain as chairman through his current term, which expires in May 2021. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. [1], Werner's common stock trades on the NASDAQ Global Select Market under the symbol Nasdaq:WERN.[5]. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. An official website of the United States government. In connection with CL Werners transition, the Company also announced today an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which Mr. Werner is the grantor and sole trustee, subject to market conditions and other factors. Clarence Werner Net Worth (2023) | wallmine The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Leathers C.L. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Competitive Impact Statement: U.S. v. Clarence L. Werner Excellence resale value for driver-preferred well-maintained trucks. Please subscribe to keep reading. WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. www.fleetowner.com is using a security service for protection against online attacks. would tell you it took decades to start gaining any real momentum and really start to see growth and a larger footprint.. The statue, funded by Buffett, is the first of Gibson in his hometown and . Civil Action No. Werner founder to pay nearly $487k in fines to FTC for alleged This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Clarence Werner Net Worth (2023) | wallmine Frequently asked questions from carriers like you! For those reasons, undue reliance should not be placed on any forward-looking statement. }); googletag.cmd.push(function() { United States v. Clarence L. Werner; Proposed Final Judgment and But it didnt take over her whole life, so she had a good balance.. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Old werner slogan is werner cares needs to have to lie added to it. The Justice Department's Antitrust Division, at the request of the Federal Trade Commission (FTC), filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia against Clarence L. Werner (Werner). [3], In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. 2023, Nasdaq, Inc. All Rights Reserved. Hes built schools and churches and made major contributions to medical centers. OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. Learn more about your rights as a consumer and how to spot and avoid scams.

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