Schneider Nation Stock Price, News & Analysis

Baton, a logistics technology start-up, has appointed Shaleen Devgun, executive vice president and CIO at Schneider (NYSE: SNDR), to its advisory board. Devgun's expertise in transportation and logistics is expected to bolster Baton's mission to optimize freight movement. Baton recently secured $10.5 million in Series A funding and aims to address inefficiencies in trucking, particularly the significant downtime drivers face. The company launched its fourth top-10 carrier and is poised to continue its growth trajectory.

Schneider (NYSE: SNDR) announced achieving zero cargo theft in 2020, a notable accomplishment considering the company transported over nine million freight miles daily across North America. Despite an increase in trailer thefts, Schneider maintained a 99.9% theft-free rate due to its comprehensive security measures and the dedication of its professional drivers. This achievement reflects Schneider's commitment to delivering secure shipments during challenging times, further solidifying its reputation in the logistics industry.

Schneider (NYSE: SNDR) announced participation in the KeyBanc Capital Markets’ Virtual Industrials & Basic Materials Conference on June 1, 2021. Chief Financial Officer Stephen Bruffett will engage in a fireside chat starting at 1:20 p.m. (ET). A webcast will be available on Schneider’s Investor Relations website, and a replay will follow the event for a limited time.

With nearly $4.6 billion in annual revenue, Schneider provides diverse transportation and logistics services for over 80 years, offering solutions like truckload, intermodal, and supply chain management.

Schneider (NYSE: SNDR) has released its inaugural annual corporate responsibility report, outlining its commitment to sustainability and social responsibility through strategic ESG priorities. The report highlights Schneider's energy-efficient fleet and initiatives for reducing greenhouse emissions. It also emphasizes the company's dedication to fostering a diverse workplace and community engagement through charitable contributions. President and CEO Mark Rourke stated the report showcases Schneider's innovation and performance in addressing critical ESG issues.

Schneider (NYSE: SNDR) announced its participation in two upcoming investment conferences. The Morgan Stanley Life After Covid: 2021 Thematic Conference II is scheduled for May 18, 2021, featuring a fireside chat with CEO Mark Rourke and CFO Stephen Bruffett at 12:45 p.m. (ET). The BofA Securities Transportation, Airlines & Industrials Conference will take place on May 19, 2021, with the same executives discussing at 2:40 p.m. (ET). Webcasts will be available on Schneider's Investor Relations website, where replays will also be accessible for a limited time.

Mike Kukiela, senior vice president of Supply Chain and Distribution Management at Schneider (NYSE: SNDR), has been honored as one of Supply & Demand Chain Executive’s 2021 “Pros to Know.” This recognition highlights executives who leverage supply chains for competitive advantage. Kukiela has led initiatives to strengthen logistics solutions during the pandemic, showcasing Schneider's commitment to innovation and resilience. With nearly 17 years at Schneider, he emphasizes the importance of a diverse workforce in driving innovative solutions for complex challenges.

Schneider National (SNDR) reported its Q1 2021 results, showcasing a 10% increase in operating revenues to $1.23 billion despite challenges from severe weather and driver capacity restrictions. Key segments performed well: Truckload revenues decreased by 4% due to lower capacity, yet operating income increased 5%. Intermodal earnings rose 23%, and Logistics saw a remarkable 49% revenue growth. The company anticipates strong demand for 2021, updating its adjusted diluted EPS guidance to $1.60-$1.70, an increase from prior estimates.

On April 26, 2021, Schneider (NYSE: SNDR) announced a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. Shareholders of record by June 11, 2021, will receive this dividend on July 8, 2021. Schneider, with $4.6 billion in annual revenue, is a leading provider of transportation and logistics services, offering a broad portfolio including truckload and intermodal solutions. The company emphasizes innovation and customer experience through its digital marketplace, Schneider FreightPower®.