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Wabash National
Wabash National

-5.45%

Automotive / Commercial Truck and Trailer Manufacturing

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Overview
Wabash National is a publicly traded company that specializes in the design and production of semi-trailers and liquid transportation systems. The company was founded in 1985 and is based in Lafayette, Indiana.
Wabash National’s primary product line includes dry van trailers, refrigerated trailers, platform trailers, and tank trailers. The company also offers aftermarket parts and services for its products.
In addition to its main operations in Indiana, Wabash National also has manufacturing facilities in various locations across the United States, as well as in Mexico and Canada. The company has a strong presence in the transportation industry, serving customers in both the commercial trucking and industrial markets.
As of 2021, Wabash National has approximately 7,000 employees and reported annual revenues of over $2 billion. The company is listed on the New York Stock Exchange under the ticker symbol WNC.
What is special about the company?
1. Pioneering leader in transportation equipment: Wabash National is a market leader in the design, manufacture, and innovation of transportation equipment for the commercial trucking, trailer, and transportation industries.
2. Diversified product portfolio: The company offers a wide range of products including dry and refrigerated van trailers, platform trailers, tank trailers, and truck bodies. This diversification helps the company to minimize risks and reduce its exposure to any particular segment.
3. Focus on sustainability: Wabash National is committed to sustainable practices and is a leader in developing environmentally friendly products. It actively seeks to reduce its carbon footprint in the production of its trailers and vehicles.
4. Innovative technology: Wabash National is known for its innovation in the transportation industry. It invests heavily in research and development, and its advanced engineering capabilities have resulted in industry-leading designs and patents.
5. Strong customer relationships: The company has strong relationships with its customers, including major trucking fleets and transportation companies. It works closely with customers to understand their needs and develop tailored solutions.
6. Award-winning company: Wabash National has received numerous accolades, such as being named one of America’s Most Responsible Companies by Newsweek and one of America’s Most Trustworthy Companies by Forbes.
7. Commitment to safety: Wabash National is committed to providing the highest level of safety for its customers, employees, and the general public. Its products are designed, manufactured, and tested to meet strict safety standards.
8. Forward-thinking strategies: The company is constantly evolving to stay ahead of industry trends and meet changing customer needs. It has a strong focus on continued growth and developing new technologies to improve the efficiency and performance of its products.
What the company's business model?
The business model of Wabash National is focused on designing, manufacturing, and selling a wide range of transportation and logistics products, primarily in the commercial trucking and trailer industry. This includes dry and refrigerated van trailers, platform and tank trailers, intermodal equipment, and other related products and services. Wabash National also offers innovative solutions for trailer leasing and rentals, as well as aftermarket services, to support the overall transportation industry. The company’s business model is driven by a commitment to sustainability, innovation, and customer service in order to deliver value to shareholders, customers, and employees.
Interesting facts about the company
1. Wabash National Corporation was founded in 1985 by Rodney E. Sullivan in Lafayette, Indiana.
2. The company is one of the largest manufacturers of semi-trailers and liquid transportation systems in the world.
3. Wabash National was initially named Wabash National Trailer Centers Inc. and was primarily focused on manufacturing new and used trailers.
4. In 2007, Wabash National acquired Transcraft Corporation, expanding its product offerings to include flatbed and drop deck trailers.
5. In 2015, Wabash National acquired Walker Group Holdings LLC, which specializes in the manufacturing of liquid transportation systems.
6. The company has been publicly traded on the New York Stock Exchange since 1991.
7. Wabash National employs over 7,000 people worldwide, with manufacturing facilities in the United States, Mexico, and Canada.
8. Wabash National has received multiple awards for its sustainability efforts and commitment to reducing its carbon footprint.
9. The company is known for its industry-leading innovation, including the development of the DuraPlate trailer, the first-ever refrigerated intermodal container, and the first trailer-specific telematics system.
10. Wabash National has a strong commitment to social responsibility and regularly contributes to various community and charitable organizations. In 2019, the company established the Wabash National Foundation, which supports initiatives related to education, hunger relief, and community development.
11. Wabash National has been recognized numerous times as one of the best places to work in Indiana, and has also received recognition for its commitment to diversity and inclusion.
12. The company has a partnership with the National Waste & Recycling Association to develop sustainable solutions for the waste management industry.
13. In 2020, Wabash National began producing personal protective equipment (PPE) in response to the COVID-19 pandemic, including face shields and plastic barriers.
14. Wabash National has a presence in 36 countries and has sold its products in over 90 countries worldwide.
15. The company has been named one of America’s Safest Companies by EHS Today magazine multiple times.
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