Welcome to our dedicated page for Schneider Nation news (Ticker: SNDR), a resource for investors and traders seeking the latest updates and insights on Schneider Nation stock.
Schneider Nation (SNDR) delivers essential transportation and logistics solutions across North America through truckload, intermodal, and supply chain management services. This news hub provides investors and industry professionals with timely updates on corporate developments, operational milestones, and strategic initiatives.
Access official press releases and curated analysis covering earnings reports, leadership updates, and sustainability efforts like the Scope23 decarbonization platform. Our repository simplifies tracking of key events including service expansions, technology integrations, and market positioning moves.
Discover updates across three core areas: financial performance (quarterly results, investor communications), operational developments (new routes, technology deployments), and industry leadership (sustainability benchmarks, partnership announcements). Bookmark this page for streamlined monitoring of SNDR's evolving role in modern freight solutions.
Schneider National (SNDR) reported Q3 2022 operating revenues of $1.68 billion, a 16% increase from 2021. Income from operations decreased 5% to $145.4 million. Adjusted diluted earnings per share remained steady at $0.70, with updated guidance for the year set at $2.60 - $2.65. The Truckload segment revenue grew 18%, while Intermodal faced challenges leading to a 32% decline in income from operations. Logistics revenues fell 2%, but operating income rose 26%. The company ended Q3 with $349.7 million in cash, and a $0.08 dividend was declared for October payments.
On October 20, 2022, Schneider (NYSE: SNDR) declared a quarterly cash dividend of $0.08 per share on its Class A and Class B common stock. This dividend is payable to shareholders of record as of December 9, 2022, and is expected to be paid on January 10, 2023. With annual revenue of $5.6 billion, Schneider continues to enhance its multimodal transportation and logistics services, investing in innovation and improving customer experiences.
Schneider (NYSE: SNDR) has been honored for the fifth consecutive year by FreightWaves in its FreightTech 100 for innovation in freight technology. The company's advancements enhance operational efficiency and safety for shippers and drivers alike. Schneider's recent investments include collaborations with ChemDirect and the expansion of the Schneider FreightPower® platform. Additionally, the company is pioneering battery electric trucks and AI-powered solutions to improve sustainability and streamline operations, reflecting its commitment to addressing stakeholder needs.
Schneider (NYSE: SNDR) announced it will report Q3 2022 results pre-market on October 27, 2022. A conference call is scheduled at 10:30 a.m. ET to discuss the results. Investors can access the call by dialing 877-451-6152 (U.S.) or 201-389-0879 (international). A replay will be available until November 3, using passcode 13732746. Schneider generates $5.6 billion in annual revenue and offers various services, including intermodal logistics and trucking solutions. For more details, visit schneider.com.
Schneider (NYSE: SNDR) has appointed Jeff Waggoner, a 24-year Army veteran, as its latest Ride of Pride driver, marking the company's commitment to honoring military veterans. This initiative features Schneider's specially decorated trucks, with the company being awarded 14 trucks since the program's inception in 2001. Almost 14% of Schneider's workforce has a military background, reflecting its status as a top military-friendly employer. Waggoner's experience has been recognized, and he will participate in events like Wreaths Across America.
Schneider (NYSE: SNDR) is showcasing the Freightliner eCascadia electric truck at its Green Bay headquarters, allowing associates to experience this vehicle ahead of its fleet integration. The company previously announced plans to add 62 eCascadia trucks to its Southern California operations. Schneider aims to reduce its per-mile emissions by 7.5% by 2025 and 60% by 2035 as part of its sustainability initiative. Executive Rob Reich emphasized the importance of electric vehicle integration and training in their operations.
Schneider (NYSE: SNDR) has announced its participation in two major investment conferences. The Cowen 15th Annual Global Transportation & Sustainable Mobility Conference will take place on September 7, 2022, featuring a virtual fireside chat at 4:20 PM ET with CEO Mark Rourke and CFO Stephen Bruffett. Additionally, Schneider will participate in the Morgan Stanley 10th Annual Laguna Conference on September 14, 2022, with a fireside chat starting at 1:30 PM ET. Webcasts for both events will be available on the company's Investor Relations website.
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