Dedicated Fleet Growth and New Contracts
Werner was awarded several fleet contracts during the quarter, representing over 200 trucks scheduled for implementation in late Q2 and early Q3. Awards signed this quarter were the highest since Q2 2022.
Technology Transformation Progress
All logistics loads except Final Mile are running through the EDGE TMS platform. More than half of One-Way Truckload volume and a quarter of Dedicated volume are in EDGE, with expectations of increased productivity gains by Q4 2025.
Cost Savings Initiatives
Werner has taken out $100 million in costs over the last two years and increased its 2025 cost savings target from $25 million to $40 million, achieving $8 million in savings in Q1.
Strong Liquidity Position
Werner's liquidity reached a new high point of $777 million, up nearly 70% from year-end, due to a new $300 million credit facility.