Eric Downing

Werner preps COO transition

Sept. 21, 2022
Marty Nordlund, who has held the role since 2016, will move into a new position focused on some of the company’s largest customers.

The chief operating officer at Werner Enterprises Inc. will relinquish that role at the FleetOwner 500 carrier at the end of this year to make way for the leader of the company’s dedicated division.

Marty Nordlund joined Omaha-based Werner in 1994 as an account executive and rose to lead both its dedicated and specialized groups before being tapped to be COO in May 2016. The 60-year-old isn’t yet leaving Werner, though: Starting with the new year, he will take on a new role that the company said will focus on growing its relationships with some of its largest customers. Nordlund will also continue to oversee several other areas at the company, Werner said in a filing with the U.S. Securities and Exchange Commission.

See also: Werner plans to buy 500 Cummins X15H hydrogen engines

Preparing to step into Nordlund’s role overseeing trucking and logistics operations is Eric Downing, who has been with the company since 1998. After working as vice president of specialized services for about four years, the 50-year-old Downing was named senior VP of dedicated in 2016. The company said in its filing that that group has since nearly doubled revenues on the back of growing its truck count by 40%.

Werner, which is No. 12 on this year’s FleetOwner 500: Top For-Hire Fleets of 2022, has about 10,000 tractors and 25,000 trailers. The company this summer reported second-quarter profits of about $72 million on revenues of $836 million. The bottom line was flat from the same period of 2021, hurt by higher operating costs and a big jump in rent and purchased transportation. Shares of the company (Ticker: WERN) fell about 2% on Sept. 20 to close at $38.47 and have retreated about 10% over the past six months.

About the Author

Geert De Lombaerde | Senior Editor

A native of Belgium, Geert De Lombaerde has more than two decades of business journalism experience and writes about markets and economic trends for Endeavor Business Media publications FleetOwner, Healthcare InnovationIndustryWeek, Oil & Gas Journal and T&D World. With a degree in journalism from the University of Missouri, he began his reporting career at the Business Courier in Cincinnati and later was managing editor and editor of the Nashville Business Journal. Most recently, he oversaw the online and print products of the Nashville Post and reported primarily on Middle Tennessee’s finance sector as well as many of its publicly traded companies.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!