Werner Enterprises Investor Presentation — February 2019

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Stifel 2019 Transportation & Logistics Conference

February 12, 2019DISCLOSURE STATEMENT

This presentation may contain forward -looking statements within themeaning ofSection 27AoftheSecurities Actof1933 ,asamended, and

Section 21EoftheSecurities Exchange Actof1934 ,asamended, andmade pursuant tothesafe harbor provisions ofthePrivate Securities

Litigation Reform Actof1995 ,asamended .Such forward -looking statements arebased oninformation presently available totheCompany’s

management andarecurrent only asofthedate made .Actual results could also differ materially from those anticipated asaresult ofanumber of

factors, including, butnotlimited to,those discussed intheCompany’s Annual Report onForm 10-K fortheyear ended December 31,2017 .

Forthose reasons, undue reliance should notbeplaced onanyforward-looking statement .TheCompany assumes noduty orobligation toupdate

orrevise anyforward -looking statement, although itmay dosofrom time totime asmanagement believes iswarranted orasmay berequired by

applicable securities law.Any such updates orrevisions may bemade byfiling reports with theU.S.Securities and Exchange Commission,

through theissuance ofpress releases orbyother methods ofpublic disclosure .

21)As of 2/7/19 for Market Cap and Dividend Yield and as of 12/31/18 for Dedicated Fleet Size and One- Way Truckload Fleet Size

2) Associates as of 12/31/18, includes 12,852 employees and 580 independent contractor driversWERNER OVERVIEW

Transportation & Logistics

Dedicated Fleet Size14,500

One-Way Fleet Size13,320

Dividend Yield11.1%77%21%2%2018 Revenues by Segment

Truckload Transportation Services (TTS)

Top 50Top 25Top 10Top 52018 Revenues by Customer

Log/OtherManuf./Ind.Food & BeverageRetail2018 Revenues by Vertical

2%DOMESTIC FREIGHT MARKET:

MARKET SHARE & GROWTH OPPORTUNITIES

70%4%6%2%4%6%8%U.S. Freight Transportation Market

($993 Billion)Werner 2018 Revenues

Transportation Services

Dedicated/One- WayDriving Schools, Corp.Logistics

4* Sources: ATA and Stifel estimates -20173,320 Trucks

Private fleet conversion

Specialty equipment

COMPREHENSIVE, CUSTOMER FOCUSED SOLUTIONS

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