Wabash

What Wabash does

Wabash National Corporation (NYSE: WNC), founded in 1979 and headquartered in Lafayette, Indiana, is a publicly traded manufacturer of transportation equipment serving the freight, logistics, and distribution industries. The company designs and produces a broad portfolio of semi-trailers — DuraPlate dry vans, refrigerated vans with Acutherm thermal management and EcoNex composites, aluminum and steel platform trailers (flatbeds and drop decks), and specialized tank trailers (chemical, corrosive, sanitary, food-grade, DEF) — as well as dry and refrigerated truck bodies for final-mile delivery and processing equipment (silos, tanks, mixers, custom fabrications).

Wabash monetizes through three primary revenue streams. Transportation Solutions (Q1 2026 segment revenue of $250.2M) sells trailers and truck bodies via an extensive dealer network and direct enterprise sales. Parts & Services (Q1 2026 revenue of $54.1M, up 4.1% YoY) generates recurring aftermarket economics through eight-plus company-operated service centers (Phoenix, Atlanta, Gary, Dallas, Chicago, Columbus, Philadelphia, Tampa), a nationwide Preferred Partner Network, and the PartsIQ e-commerce platform. A third emerging stream is Trailers-as-a-Service (TaaS) — a subscription offering with TaaS Pools for shippers and TaaS Plus for 3PLs/brokers, powered by the TrailerHawk.AI cargo assurance platform acquired in February 2025 and used by 2,000+ drivers and 200+ carriers.

The company invests in proprietary composite IP (DuraPlate introduced 1996, EcoNex, TrustLock Plus, MaxClearance, AeroSkirt), connected digital tooling (Spec It, Track It, Stock It, PartsPulse), and strategic partnerships (UP.Labs Manufacturing Venture Lab for AI tools, Kodiak Robotics for autonomous trucking, Steel Dynamics for 10-year steel supply, Goodyear as preferred tire supplier). Wabash holds 19% of the global truck trailer market and supplies major enterprise fleets including J.B. Hunt (multi-year supply deal), Old Dominion, and Landstar, while operating with 5,001-10,000 employees across North America.

Name

Wabash

Legal name

Wabash National Corporation

Website

https://onewabash.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Wabash National Corporation (NYSE: WNC) manufactures semi-trailers, refrigerated vans, tank trailers, and truck bodies, and operates a subscription-based Trailers-as-a-Service (TaaS) platform, serving national trucking fleets, shippers, 3PLs, and final-mile delivery operators across North America through a dealer network and company-operated parts and service centers.

Ownership category

akta.pro rank

Product category

Commercial Trailers and Truck Bodies

NAICS

Motor Vehicle Body and Trailer Manufacturing (33621), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924), Material Handling Equipment Manufacturing (33392)

SIC

Truck Trailers (3715), Truck & Bus Bodies (3713), Industrial Trucks, Tractors, Trailors & Stackers (3537), Metal Shipping Barrels, Drums, Kegs & Pails (3412)

akta.pro primary industry

Specialized Trailer & Heavy Transport Equipment Providers (SPMT, Lowboy, Multi-Axle) (TLADAGAM)

Keywords

• Semi-trailer manufacturing
• Truck body fabrication
• Refrigerated trailers
• Composite material technology
• Cargo security platforms

Headquarters

HQ city

Lafayette

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Transportation Solutions (Trailers): Manufacture and sale of dry van trailers, refrigerated vans, platform trailers, and tank trailers. Q1 2026 segment revenue of $250.2 million with $37.3 million operating loss due to softer demand.
2. Parts & Services: Aftermarket parts sales and service operations. Grew 4.1% year-over-year to $54.1 million in Q1 2026. Includes upfit solutions, Ready-to-Mount programs, and nationwide service network.
3. Trailers as a Service (TaaS): Subscription-based managed trailer service including TaaS Pools (universal trailer pool for shippers) and TaaS Plus (tiered service for 3PLs/brokers). Powered by TrailerHawk.AI technology with FleetCare maintenance.
4. Truck Bodies: Dry freight and refrigerated truck bodies for final-mile delivery applications, including Acutherm thermal management solutions.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Wabash designs, manufactures, and services semi-trailers (dry vans, refrigerated vans, platform trailers, and tank trailers), truck bodies for final-mile delivery, and processing equipment such as silos, vessels, agitators, and tanks. The company also operates a Trailers-as-a-Service (TaaS) subscription program with TaaS Pools for shippers and TaaS Plus for 3PLs/brokers, and runs the TrailerHawk.AI cargo assurance platform that pairs facial recognition, computer vision, and digitally controlled cargo door locks for chain-of-custody tracking.

Product overview

Wabash offers a comprehensive portfolio of transportation and logistics products organized across multiple categories: (1) Trailers including DuraPlate dry vans, refrigerated vans, platform trailers (aluminum/steel flatbeds and drop decks), and tank trailers (chemical, corrosives, sanitary, food grade, DEF); (2) Truck Bodies for dry freight and refrigerated final-mile delivery; (3) Trailers as a Service (TaaS) subscription program with TaaS Pools and TaaS Plus tiers; (4) Processing Equipment including silos, tanks, mixers, and custom fabrication; (5) Technology platforms including TrailerHawk cargo security platform with AI-powered identity verification and chain-of-custody tracking; (6) Digital tools including Spec It (specification), Track It (tracking), Stock It (parts management), and PartsIQ (e-commerce); and (7) Proprietary composite technologies DuraPlate and EcoNex. The portfolio is unified through Wabash's connected dealer network, nationwide parts and service centers, and digital ecosystem enabling lifecycle support from specification through end of life.

Differentiator

Problem solved

Functional benefit

Brands

• DuraPlate: Composite panel technology for dry van trailers, first introduced in 1996, providing durability and damage resistance.
• EcoNex
• TrailerHawk
• Acutherm
• TrustLock Plus
• MaxClearance
• AeroSkirt
• Trailers as a Service (TaaS)

Products and services

• Van Trailers (DuraPlate Dry Van) Composite panel dry van semi-trailers for general freight, engineered with DuraPlate sidewalls, AAR-rated galvanized kingpin package, and enhanced corrosion resistance features for long-term durability. Sold through authorized dealers to fleet operators and carriers across North America.
• Refrigerated Van Trailers Temperature-controlled van trailers with Acutherm thermal management and EcoNex composite options for perishable cargo transport. Used by fleets and shippers requiring refrigerated transport for food and other temperature-sensitive goods.
• Platform Trailers (Aluminum and Steel Flatbeds and Drop Decks) Flatbed and drop deck platform trailers available in aluminum, steel, and combo constructions for general freight, oversized cargo, and heavy haul applications. Configurable for use cases ranging from light freight to industrial heavy cargo.
• Tank Trailers (Chemical, Corrosives, Sanitary, Food Grade, DEF, Farm Pickup) Specialized tank trailers for chemical, corrosive, sanitary, food grade, diesel exhaust fluid (DEF), and farm pickup applications. Includes FRP composite tank trailers for corrosives hauling with reduced weight and food-grade tank trailers meeting 3A sanitary and FDA standards.
• Trailers as a Service (TaaS) Subscription-based managed trailer service offering TaaS Pools (universal, service-provider-agnostic trailer pool for shippers) and TaaS Plus (tiered service levels for 3PLs and brokers). Includes full lifecycle support with maintenance and uptime, powered by TrailerHawk.AI technology. Sold via direct sales to shippers, 3PLs, and brokers.
• Truck Bodies (Dry Freight and Refrigerated) Dry freight and refrigerated truck bodies for final-mile delivery applications, including Acutherm refrigerated bodies and Acutherm with EcoNex offering up to 25% more thermal efficiency and up to 15% lighter weight. Sold to last-mile delivery operators and fleets.
• Processing Equipment (Silos, Custom Fabrication, Tank Heads, Agitators, Processor Vessels, Mixer Vessels, Horizontal Tanks, Vertical Storage Tanks) Industrial processing equipment including storage silos, custom fabrication services, precision-formed tank heads, agitators, processor vessels, mixer vessels, and horizontal and vertical storage tanks for industrial processing and bulk material handling applications.
• TrailerHawk.AI Cargo Assurance Platform Cargo assurance platform providing verified driver identity, validated carriers, real-time cargo visibility, and digital chain of custody from pickup to delivery. Combines facial recognition, computer vision for visual inspection, and digitally controlled cargo door locks with workflow automation across Define, Verify, Inspect, Secure, Monitor, Deliver, and Report steps. Includes API and EDI integrations to telematics providers, TMS systems, and EDI VANs.

Quantifiable outcome

• DuraPlate AeroSkirt can save fleets up to 4.2% in fuel
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature8 records

Partnerships

14 partnerships are on record, tiered core, flagship and minor.

• Transport Trailer Sales Inc.coreChannel Partner/ Reseller/ Distributor · 15 June 2026Full-service trailer dealership headquartered in Milton, Ontario representing Wabash dry van trailers, steel and combo flatbeds, truck bodies and parts across Greater Toronto Area and Eastern Canada. Founded in 1993 with 30+ years experience, led by Nick and Cheryl Lambevski.
• University of PhoenixcoreChannel Partner/ Reseller/ Distributor · 9 June 20262025 Platinum Indirect Supplier award recipient. Provides workforce solutions aligning employee development with business priorities. One of five Platinum suppliers from 8,000+ Coupa suppliers.
• GoodyearflagshipTechnology or Integration · 26 May 2026World's largest tire company and preferred tire supplier for Wabash trailers. Delivers premium tires, retreads and integrated solutions to help fleets reduce downtime and optimize total cost of ownership. 125+ years of experience. Received Pinnacle Award (Supplier of the Year) 2025.
• PartsPulsecoreStrategic or Co-development Partner · 4 March 2026AI-powered unified platform for aftermarket parts businesses co-developed with Wabash at CONEXPO. Combines inventory planning, pricing optimization and sales intelligence. Secured $3M funding from UP.Partners. First venture from UP.Labs Manufacturing Venture Lab.
• Global TankcoreChannel Partner/ Reseller/ Distributor · 23 September 2025Full-service liquid and dry bulk tank trailer rental, sales, transport and storage solutions provider. Expanding Wabash tank trailer footprint into Kansas, Missouri, Colorado, Kentucky, Indiana, Ohio, Virginia, West Virginia with four sales/leasing representatives.
• Excel Truck GroupcoreChannel Partner/ Reseller/ Distributor · 6 August 2025Family-run dealership network expanding Wabash service from Virginia into North and South Carolina. 30-year Wabash partnership with 12 locations across Virginia, NC, SC offering trailer/truck sales, parts, service and fleet support.
• Echo Global LogisticscoreChannel Partner/ Reseller/ Distributor · 6 August 2025Partnership to expand drop trailer business, enabling more efficient trailer deployment and management for logistics operations.
• UP.Labs / UP.PartnersflagshipStrategic or Co-development Partner · 22 April 2025Manufacturing Venture Lab partnership launched in late 2024 to modernize transportation manufacturing with AI-powered tools. Created SpecSync and PartsPulse ventures, with PartsPulse securing $3M funding from UP.Partners. Co-developing Spec It (AI quoting) and Stock It (parts intelligence) tools.
• DecisivcoreTechnology or Integration · 9 March 2025Decisiv selected to power technology-enabled service management for Wabash dealers, streamlining service operations and customer support.
• Purdue UniversitycoreStrategic or Co-development Partner · 2 December 2024Collaboration on R&D including energy recovery research for heavy-duty trailers and internship program at Discovery Park District for talent development.
• Eos EnergyminorStrategic or Co-development Partner · 26 November 2024MOU signed to accelerate supply chain ecosystem for American-made energy storage solutions, combining Wabash's transportation expertise with Eos energy storage technology.
• University of DelawarecoreStrategic or Co-development Partner · 10 October 2024$1.6M DOE grant partnership to develop solar-powered refrigerated trailers. Integrates high-efficiency solar energy and lightweight composite materials for improved sustainability in commercial transportation.
• Kodiak RoboticscoreStrategic or Co-development Partner · 4 October 2024Collaboration to develop trailer technology supporting autonomous trucking. Wabash provides TaaS solution with full lifecycle management including maintenance and uptime support to enable Kodiak to focus on autonomous vehicle technology.
• Steel DynamicscoreStrategic or Co-development Partner · 26 September 202410-year strategic partnership announced in September 2024 for steel supply to support Wabash manufacturing operations.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Utility Trailer Manufacturing Company: Utility is one of the largest U.S. trailer manufacturers producing dry and refrigerated vans and Tautliner curtainsiders. Directly competes with Wabash across core trailer categories.
• Stoughton Trailers: Stoughton is a major North American trailer manufacturer of dry vans, chassis, and specialty trailers and a co-plaintiff with Wabash in the China/Mexico trailer trade case. Directly competes in dry van and platform trailer segments.
• The Knapheide Company: Knapheide is a leading manufacturer of truck bodies, platforms, and upfit solutions for commercial and fleet customers. Directly competes with Wabash's truck body and upfit offerings, particularly in the dry freight and work truck segments.
• Hyundai Translead: Hyundai Translead manufactures dry vans, refrigerated vans, and chassis for the North American market. A direct competitor in van trailers with comparable product breadth to Wabash's trailer portfolio.
• Great Dane: Great Dane is Wabash's closest direct peer, manufacturing dry vans, refrigerated trailers, and platform trailers. Together the two companies control roughly 48% of the North American truck trailer market, with Great Dane at approximately 17% global share.
• Morgan Truck Body: Morgan manufactures truck bodies (dry freight and refrigerated) for final-mile delivery, vocational, and work truck applications, directly overlapping with Wabash's Truck Bodies segment and final-mile delivery value proposition.
• Heil Trailer International (Heil/Miscellaneous): Heil designs and manufactures tank trailers (chemical, food grade, petroleum) and other specialized transport equipment. Directly competes with Wabash's Tank Trailers product line including chemical, sanitary, and food-grade variants.
• Vanguard Trailer (China-based manufacturer): Vanguard is a major Chinese-owned trailer manufacturer with North American operations producing dry vans and reefer trailers. Subject to the same AD/CVD trade case as Wabash's broader competitive set and competing directly on price-sensitive van segments.

Emerging players

• Reading Truck Body: Reading manufactures truck bodies, van bodies, and upfit solutions focused on light- and medium-duty work trucks. Smaller than Morgan/Knapheide but directly overlaps with parts of Wabash's dry freight truck body business.

Broad incumbents

• PACCAR Inc (Kenworth/Peterbilt): PACCAR is a major truck OEM that controls truck and trailer ecosystems via dealers and proprietary services. Not a direct trailer manufacturer but a broad incumbent shaping fleet purchasing patterns that determine demand for Wabash's trailer products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OneWabash
• YouTubeyoutube.com/user/wabashnational
• Facebookfacebook.com/OneWabash
• LinkedInlinkedin.com/company/wabash
• Instagraminstagram.com/one_wabash

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wabash