Schneider Nation Stock Price, News & Analysis

Schneider (NYSE: SNDR) announced its Schneider Foundation donated over $2 million to more than 400 organizations in 2020, including urgent relief efforts for the pandemic. The foundation launched a Diversity, Equality and Inclusion Program, granting over $75,000 to 11 nonprofits. Key initiatives included in-kind donations worth $42,000, a $230,641 fundraiser for United Way, and significant support for local pandemic relief organizations. Schneider emphasizes its commitment to community support and will continue its efforts into 2021.

Schneider (NYSE: SNDR) announced its participation in the J.P. Morgan Industrials Conference on March 16, 2021. CEO Mark Rourke and CFO Stephen Bruffett will engage in a fireside chat starting at 2:00 p.m. ET. Interested investors can access the webcasts on Schneider’s Investor Relations site, with replays available for a limited time. Schneider ranks as a leading provider of transportation and logistics services, generating $4.6 billion in annual revenue, emphasizing innovation through its digital marketplace, Schneider FreightPower®.

Schneider National (NYSE: SNDR) reported its 2020 financial results, showcasing a 9% increase in Q4 operating revenues to $1.27 billion, despite a 4% annual decline to $4.55 billion. The Truckload segment achieved an 86% operating ratio, while Logistics saw a record revenue growth of 64%. Meanwhile, Intermodal revenues grew 3% year-over-year. The company anticipates a strong 2021 with projected adjusted diluted EPS between $1.45 and $1.60, focusing on dedicated and intermodal growth amidst a constrained capacity environment.

On January 28, 2021, Schneider (NYSE: SNDR) declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. Shareholders of record as of March 12, 2021 will receive the dividend, which is scheduled to be paid on April 8, 2021.

Schneider, a leader in trucking and logistics, has approximately $5 billion in annual revenue and has been delivering customer-centric services for over 80 years. The company continues to invest in innovation through its digital marketplace, Schneider FreightPower.

Schneider (NYSE: SNDR) announces Michael Cunningham as the 2020 Canadian Ride of Pride truck driver, honoring military veterans. Cunningham, a 10-year safe driving veteran, was selected for his dedication to the military and as a former member of the Canadian Army and Navy. Schneider has received multiple Ride of Pride trucks since 2001, underlining its commitment to veterans. The latest truck features designs symbolizing remembrance. Schneider is recognized as a top military-friendly employer, offering various logistics services and a digital marketplace.

Schneider (NYSE: SNDR) announced that its president and CEO, Mark Rourke, will join TuSimple’s Executive Advisory Board, a global leader in self-driving technology for trucks. This collaboration aims to enhance the development of autonomous trucking solutions. Schneider will maintain a nominal investment in TuSimple, facilitating direct benefits for shippers. Rourke emphasized Schneider's commitment to safe technological advancements in trucking and the importance of professional drivers in future autonomous operations. The company continues to invest in technologies that enhance safety and efficiency.

The Shyft Group (NASDAQ: SHYF) announced the appointment of Terri Pizzuto and Mark Rourke to its Board of Directors, effective January 4, 2021. Pizzuto, with nearly 40 years in finance, previously served as CFO of Hub Group, while Rourke is the current CEO of Schneider National (NYSE: SNDR). Their expertise in transportation and logistics is expected to drive growth and enhance shareholder value. The company reported sales of $757 million in 2019 and aims to leverage the new board members' insights for strategic innovations in specialty vehicle manufacturing.

Schneider National (NYSE: SNDR) will announce its fourth quarter 2020 results on February 3, 2021, before market opening. A conference call is scheduled for the same day at 10:30 a.m. ET to discuss these results. Interested parties can join by dialing 877-451-6152 (U.S.) or 201-389-0879 (international). A replay will be available until February 10, with the passcode 13714208. Schneider is recognized for its extensive trucking, intermodal, and logistics services and operates one of the largest for-hire trucking fleets in North America.