Business
Werner Enterprises Announces Sale of Werner Global Logistics to Scan Global Logistics Group
OMAHA, Neb., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN) (“Werner”), one of the nation’s largest transportation and logistics
About this update from Werner Enterprises, Inc.
[{"type":"text","content":"OMAHA, Neb., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (NASDAQ: WERN) (“Werner”), one of the nation’s largest transportation and logistics companies, announced the sale of its Werner Global Logistics (“WGL”) freight forwarding services for international ocean and air shipments to Scan Global Logistics Group (“SGL”). Werner Logistics will continue to provide North American truck brokerage, freight management, intermodal and final mile services. Werner also entered into an agreement with SGL to offer comprehensive international logistics solutions to its existing and future North American customers. WGL provides services to customers with international freight forwarding operations primarily in the United States, China and Mexico. Through the agreement with SGL, WGL customers will benefit from SGL’s expansive network of over 115 locations across the globe, their modern transportation management technology, global multi-channel service offerings and SGL’s ability to provide local and international solutions in new trade lanes across the Asian Pacific, European, Middle-Eastern and Latin American markets. The strategic selection of SGL was based on their close alignment with Werner’s customer-centric business practices, associate-focused business approach and global logistics expertise. SGL has logistics and freight forwarding operations in over 30 countries and has over 40 offices in North America. “After working with the SGL team and understanding their core values and capabilities, I am excited for WGL’s international customers, associates and transportation partners worldwide,” said Werner’s Vice Chairman, President and Chief Executive Officer Derek Leathers. “We are proud of the global operation WGL has built and are confident it will continue to succeed as part of the SGL family. Going forward, we remain committed to our North American logistics capabilities in truck brokerage, freight management, intermodal and final mile services.” Werner will continue to focus its resources, talent and technology by providing superior truckload and logistics services in North America. “Innovative solutions in logistics has been our focus for over three decades,” said SGL’s North American Chief Operating Officer - International Julien Ranzato. “Werner’s established culture, leadership, network and core values are a great fit ...