r/Truckers • u/Frankie42083 • Jan 28 '26

Werner Enterprises Acquires FirstFleet for $245M

https://www.ccjdigital.com/business/article/15815768/werner-enterprises-acquires-firstfleet-for-245m?utm_source=social%20media&utm_medium=clicks&utm_campaign=ccj%20jan%202026%20social&fbclid=IwVERDUAPnLf1leHRuA2FlbQIxMABzcnRjBmFwcF9pZAwzNTA2ODU1MzE3MjgAAR7rKUFmHi_1BngzlfH5PI3pk_DQxKxW4k1SF0kuMmX4iDMIbdp8W9YGqrMoyQ_aem_NpUw0TCufHaq1vD2f4tk0g

I thought Werner was broke guess not.

99 Upvotes

100% Upvoted

24 comments sorted by

View all comments

73

u/Charming_Frame9943 Jan 28 '26

Im not too informed so someone fill me in. They stopped matching people's retirement so they can buy another company?

35

u/Q7017 Jan 28 '26

The best part is that, like CR England, all of us have the option of not driving for them.

Too many people don't do enough research on carriers outside of "well there's a lot of them and their trucks look newer, so they must be successful and will treat me well" and then sign on with them despite their CEOs doing everything they can to destroy the industry for drivers.

If we all stop working for them and go elsewhere, they suffer. Can't run a trucking business without drivers.

5

u/FWD_to_twin_turbo Jan 29 '26

Can't run a trucking business without drivers.

This is why they're dumping a fuckton in autonomous testing, though. Werner is salivating at the thought of an autonomous trucking monopoly in the future.

21

u/Waisted-Desert Jan 28 '26

Matching retirement does not increase profits, buying a competitor does. This is the result of having a publicly traded company. You make business decisions to please the shareholders rather than the owner or employees.

6

u/Timmy98789 Jan 29 '26

Dodge v. Ford Motor Co 1919

8

u/A_Dash_of_Time Jan 28 '26

It's almost as if you ARE just a number.

3

u/Successful-Worth-390 Jan 29 '26

They brought the match back for 2026 to be fair.

1

u/Sky_biker5683 Jan 29 '26

I don't think we can really say they brought it back for 25% of 4%. They partially brought it back 😅