v3.25.2
Revenue
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Revenue Recognition
Revenues are recognized over time as control of the promised services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those services.
The following table presents our revenues disaggregated by revenue source (in thousands):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
Truckload Transportation Services$517,647 $537,069 $1,019,522 $1,088,195 
Werner Logistics221,177 208,912 416,735 411,394 
Inter-segment eliminations(4,749)(3,263)(8,812)(7,334)
   Transportation services734,075 742,718 1,427,445 1,492,255 
Other revenues19,073 18,080 37,817 37,623 
Total revenues$753,148 $760,798 $1,465,262 $1,529,878 
The following table presents our revenues disaggregated by geographic areas in which we conduct business (in thousands):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
United States$715,677 $716,559 $1,390,919 $1,438,419 
Mexico33,557 36,165 67,168 75,285 
Canada3,914 8,074 7,175 16,174 
Total revenues$753,148 $760,798 $1,465,262 $1,529,878 
Operating revenues for foreign countries include revenues for (i) shipments with an origin or destination in that country and (ii) other services provided in that country. If both the origin and destination are in a foreign country, the revenues are attributed to the country of origin.
Contract Balances and Accounts Receivable
A receivable is an unconditional right to consideration and is recognized when shipments have been completed and the related performance obligation has been fully satisfied. At June 30, 2025 and December 31, 2024, the accounts receivable, trade, net, balance was $420.5 million and $391.7 million, respectively. Contract assets represent a conditional right to consideration in exchange for goods or services and are transferred to receivables when the rights become unconditional. At June 30, 2025 and December 31, 2024, the balance of contract assets was $7.0 million and $6.3 million, respectively. We have recognized contract assets within the other current assets financial statement caption on the consolidated condensed balance sheets. These contract assets are considered current assets as they will be settled in less than 12 months.
Contract liabilities represent advance consideration received from customers and are recognized as revenues over time as the related performance obligation is satisfied. At June 30, 2025 and December 31, 2024, the balance of contract liabilities was $1.7 million and $1.4 million, respectively. The amount of revenues recognized in the six months ended June 30, 2025 that was included in the December 31, 2024 contract liability balance was $1.4 million. We have recognized contract liabilities within the accounts payable and other current liabilities financial statement captions on the consolidated condensed balance sheets. These contract liabilities are considered current liabilities as they will be settled in less than 12 months.
Performance Obligations
We have elected to apply the practical expedient in Accounting Standards Codification (“ASC”) Topic 606, Revenue From Contracts With Customers, to not disclose the value of remaining performance obligations for contracts with an original expected length of one year or less. Remaining performance obligations represent the transaction price allocated to future reporting periods for freight shipments started but not completed at the reporting date that we expect to recognize as revenue in the period subsequent to the reporting date; transit times generally average approximately 3 days.
During the six months ended June 30, 2025 and 2024, revenues recognized from performance obligations related to prior periods (for example, due to changes in transaction price) were not material.