Schneider Nation Stock Price, News & Analysis

Schneider National reported operating revenues of $1.7 billion for Q2 2022, a 28% increase from the previous year. Income from operations rose to $177 million. The company raised its full-year adjusted diluted earnings per share guidance to $2.60 - $2.70. Notable growth was observed in the Logistics segment, achieving record earnings of $47.3 million on a 21% revenue increase. Despite strong performance, signs of moderation in freight market conditions were noted, but the outlook remains constructive for the remainder of 2022.

Schneider (NYSE: SNDR) announced a quarterly cash dividend of $0.08 per share on its Class A and Class B common stock. This dividend will be paid to shareholders of record as of September 9, 2022, with a payment date set for October 10, 2022. With annual revenues of $5.6 billion, Schneider provides a comprehensive portfolio of transportation, intermodal, and logistics services, emphasizing safety and innovation in its operations.

Schneider (NYSE: SNDR) is hosting its first Transportation Sustainability Summit in Long Beach, California. During this summit, the company will introduce the 'Pledge to Plan,' designed to assist shippers in meeting their sustainability goals. Schneider aims to reduce carbon emissions, targeting a 7.5% reduction per mile by 2025 and 60% by 2035. The company will showcase Freightliner’s eCascadia electric truck, with plans to integrate 62 units into its California operations. Schneider emphasizes collaboration across the supply chain to achieve meaningful sustainability changes.

Schneider (NYSE: SNDR) will announce its Q2 2022 results on Thursday, July 28, 2022, pre-market. A conference call is scheduled for 10:30 a.m. Eastern Time the same day to discuss the results. Interested parties can access the call by dialing 877-451-6152 (U.S.) or 201-389-0879 (international). A replay will be available until August 4. Schneider, a leading multimodal provider, boasts an annual revenue of $5.6 billion and is focused on delivering superior customer experiences through innovative solutions like its digital marketplace, Schneider FreightPower.

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.