Schneider Nation Stock Price, News & Analysis

Schneider National, a leading provider of trucking and logistics services, will release its third quarter 2021 results on October 28, 2021, before the market opens. A conference call to discuss the results is scheduled for 10:30 a.m. ET the same day. Investors can access the call by phone or via a live webcast on Schneider's Investor Relations website. With nearly $4.6 billion in annual revenue, Schneider continues to innovate in the transportation sector, including through its digital marketplace, Schneider FreightPower.

Schneider (NYSE: SNDR) announced a significant move towards sustainability with the deployment of 50 Freightliner eCascadias, marking one of the largest battery-electric truck fleets in North America. This initiative, part of the Joint Electric Truck Scaling Initiative (JETSI), aims to reduce carbon emissions by 7.5% per mile by 2025 and 60% by 2035. Schneider recognizes that utilizing BEVs will eliminate CO2 emissions, thus significantly cutting its carbon footprint. The initiative is supported by California's environmental agencies to enhance the availability of zero-emission heavy-duty trucks.

Schneider (NYSE: SNDR), a top provider of trucking and logistics services, announced its participation in two key investment conferences. The Cowen Global 14th Annual Transportation & Sustainable Mobility Conference is set for September 8, 2021, featuring Steve Bindas, Director of Investor Relations.

Additionally, on September 14, 2021, Mark Rourke, President and CEO, along with CFO Stephen Bruffett, will take part in a fireside chat during the Morgan Stanley Virtual 9th Annual Laguna Conference at 9:45 a.m. ET. Webcasts will be accessible on Schneider's Investor Relations website.

Schneider National reported strong second-quarter 2021 results, with operating revenues increasing by 32% year-over-year to $1.36 billion. Net income surged 129% to $106.5 million, aided by a $20.2 million gain from its investment in TuSimple. The Truckload segment saw an improved operating ratio of 84.5%, while Logistics revenues grew 87%, reaching $430.7 million. The company raised its full-year adjusted earnings per share forecast from $1.60-$1.70 to $1.85-$1.95. Despite ongoing driver capacity challenges, Schneider's diverse portfolio positions it well for continued growth.

On July 26, 2021, Schneider (NYSE: SNDR) announced a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. The dividend will be payable to shareholders of record as of September 10, 2021, with a payment date set for October 8, 2021. Schneider provides a wide range of transportation and logistics services, generating nearly $4.6 billion in annual revenue and continuously investing in innovation to enhance customer experiences.

Schneider (NYSE: SNDR) shows support for Krysta Palmer, a member of Team USA Diving competing in the Tokyo Olympics. Daughter of Schneider driver Mitch Palmer, Krysta narrowly missed the 2016 Olympic team and trained for the postponed 2020 games. Schneider employees rallied around her by displaying banners and sharing real-time results. Krysta placed 8th in the 3m Synchronized Springboard; her next event is the 3m Individual Springboard. Schneider, a leading provider in logistics with $4.6 billion in annual revenue, emphasizes community and employee support during significant events.

Schneider (NYSE: SNDR) announces plans to construct 'The Grove', an innovation center in Ashwaubenon, Wisconsin, to enhance its logistics and trucking services. The 20,000 square-foot facility will incorporate advanced collaboration technologies, focusing on artificial intelligence and automation to improve business processes. Schneider's CEO, Mark Rourke, emphasizes this initiative as a commitment to adaptability and community investment. Construction is set to begin in fall 2021, with completion expected in late 2022.

On July 16, 2021, Schneider (NYSE: SNDR) was recognized as a Challenger in the Gartner 2021 Magic Quadrant for Third-Party Logistics Providers in North America for the third consecutive year. This acknowledgment highlights Schneider's expertise, innovation, and service offerings in the logistics sector. The company is noted for its extensive range of transportation services and commitment to leveraging blockchain technology. With an annual revenue of $4.6 billion, Schneider continues to enhance customer experiences through its digital marketplace, Schneider FreightPower®.

On July 16, 2021, Schneider (NYSE: SNDR) announced a donation to the American Red Cross to assist India in combating COVID-19. The funds will be directed to the Indian Red Cross Society to provide essential medical supplies and support during the pandemic's second wave. Schneider aims to help with oxygen supply, patient transport, vaccination, hygiene kits, food distribution, and mental health support. With annual revenue of $4.6 billion, Schneider continues to innovate in transportation and logistics services, enhancing its digital marketplace to improve customer experiences.