Werner Enterprises announced it has acquired final-mile carrier Nehds Logistics LLC for $64 million, which includes a potential earnout of $4 million. Nehds generated $71.4 million in revenue over the last 12 months and has grown revenue by 27% on average over the past three years.
The Monroe, Connecticut-based carrier operates a fleet of more than 400 company-owned and independent contractor trucks, largely in the Northeast and Midwest. It uses two-person teams to deliver big and bulky goods to...
https://www.freightwaves.com/news/werner-grows-final-mile-platform-through-64m-acquisition-of-nehds