Baylor Trucking acquired by Werner Enterprises
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Milan-based Baylor Trucking Inc. has been acquired by Omaha-based Werner Enterprises Inc. (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies. The companies say Baylor, founded by Chester Baylor in 1946, will operate as a standalone business unit within Werner and continue to operate under that name.
Baylor has about 230 drivers, operates 200 trucks and hauls nearly 1,000 trailers in the east central and south-central U.S. It reported annual revenues of $81 million. In comparison, Werner employs about 14,000 people, with 2021 revenues of $2.7 billion.
Werner says existing Baylor leadership, including President Cari Baylor, drivers and non-driver staff will remain in place.
“Aligning with Werner only expands our service capabilities. Werner shares our passion for delivering value and continually creating personal and professional opportunities for our elite Baylor team,” said Cari Baylor, president of Baylor Trucking and granddaughter of Chester Baylor.
Financial terms of the acquisition were not disclosed.