Schneider Nation Stock Price, News & Analysis

Schneider (NYSE: SNDR) has been awarded the 2021 Dedicated Traditional Operation Carrier of the Year by Dollar General. This accolade highlights Schneider's impressive service delivery, driver utilization, and capacity goals across Dollar General's extensive network. Dollar General praised the dedication of Schneider's associates and drivers, noting their commitment from top management to distribution centers. With $5.6 billion in annual revenue, Schneider continues to innovate through its digital marketplace, Schneider FreightPower®, enhancing service flexibility and capacity for shippers.

Schneider (NYSE: SNDR) announced the acquisition of Wisconsin-based deBoer Transportation, aligning with its business strategy. Schneider is set to integrate deBoer into its existing operations, enhancing its Dedicated and Power Only services. The acquisition includes around 160 tractors and 660 trailers, excluding deBoer's facilities in Blenker, Wisconsin and Dallas, Texas. The deal aims to support Schneider's growth objectives in the transportation sector and improve operational efficiency.

Schneider (NYSE: SNDR) has announced Joseph Morning, a U.S. Marine Corps veteran, as this year's Ride of Pride driver. The Ride of Pride initiative honors military veterans with specially designed trucks. Since 2001, Schneider has received 14 Ride of Pride trucks, the most awarded to any carrier. Morning's truck commemorates the 75th anniversary of the U.S. Air Force. Schneider has a strong commitment to military personnel, with nearly 14% of its workforce having military experience. The company reported $5.6 billion in annual revenue and continues to innovate in transportation and logistics.

Schneider (NYSE: SNDR) has released its second annual Corporate Responsibility Report, focusing on sustainability, community engagement, and corporate culture. The company boasts an energy-efficient fleet and has achieved over half of its 2025 greenhouse gas emissions reduction goal. Key initiatives include adding electric trucks and enhancing workforce diversity. In 2021, Schneider donated over $2.25 million to local communities. The report underscores Schneider's commitment to strategic environmental, social, and corporate governance (ESG) initiatives, highlighting its goal of ongoing transparency and accountability.

Schneider National (NYSE: SNDR) reported operating revenues of $1.6 billion for Q1 2022, a 32% increase from $1.2 billion in 2021. Adjusted income from operations rose to $148 million, a 95% increase year-over-year. The company declared an adjusted diluted EPS forecast of $2.55 - $2.70 for the full year. Despite strong performance, Schneider faced setbacks, including a $59 million litigation reserve and a $5.2 million tax assessment. CEO Mark Rourke noted the ongoing acquisition of Midwest Logistics Systems is yielding anticipated synergies.

Schneider (NYSE: SNDR) has declared a quarterly cash dividend of $0.08 per share on its Class A and Class B common stock, payable to shareholders of record as of June 10, 2022. The payment date is set for July 11, 2022. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining strong operational performance.

With $5.6 billion in annual revenue, Schneider continues to enhance its multimodal logistics services, focusing on innovation and superior customer experiences.

On April 6, 2022, Schneider (NYSE: SNDR) celebrated five years since its IPO, highlighting significant growth, with Logistics and Intermodal revenues doubling and accounting for nearly half of its earnings. The company has invested in technology, including Schneider FreightPower®, enhancing its multimodal platform. Additionally, Schneider expanded its Dedicated customer base, notably acquiring Midwest Logistics Systems in late 2021. With over $5.6 billion in annual revenue, Schneider aims to bolster its diverse transportation and logistics services while delivering value to shareholders.

Schneider (NYSE: SNDR) will report its Q1 2022 results pre-market on April 28, 2022. A conference call to discuss these results is scheduled for 10:30 a.m. Eastern Time on the same day. Interested parties can join the call by dialing 877-451-6152 for U.S. participants or 201-389-0879 internationally. The replay will be available through May 5. Schneider, a leading multimodal provider, has generated nearly $5.6 billion in annual revenue and is recognized for its innovative digital marketplace, Schneider FreightPower®.