WERN - Werner Enterprises buys truckload carrier Baylor Trucking adds 200 trucks to fleet

• Transportation and logistics company Werner Enterprises ( NASDAQ: WERN ) on Monday said it had acquired a truckload carrier doing business as Baylor Trucking, expanding its presence in east central and south central U.S.
• Terms of the deal were not disclosed.
• Baylor runs a fleet of 200 trucks and 980 trailers operated by 234 drivers, and brought in revenue of $81.5M for the year ended Aug. 31, WERN said in a statement .
• WERN expects the deal to be accretive in the first year post closing and anticipates "buying power synergies" due to combination of its fleet with Baylor's.
• The company said Baylor would operate as a standalone business unit and its existing leadership would remain in place.
• WERN stock +1% to $37.97 in early trading.

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