Schneider Nation Stock Price, News & Analysis

Schneider (NYSE: SNDR) has launched a new leasing program for owner-operators called the All-In Revenue Choice Lease. This initiative aims to expand load options, offering access to dedicated loads, spot freight, and pop-up fleet loads through Schneider's Choice Portals. The program features a flat rate system, eliminating the need for fuel surcharges or additional fees. The All-In Revenue Choice Lease replaces the previous Percent of Revenue Lease program, while maintaining the user-friendly self-dispatch feature. Schneider continues to prioritize owner-operators' freedom and success in their business operations.

Schneider National (NYSE: SNDR) announced it will report its Q1 2021 results on April 29, 2021, before the market opens. A conference call will follow at 10:30 a.m. EST to discuss the results, with access available via phone and a live webcast. Schneider, a leader in trucking and logistics services, has nearly $4.6 billion in annual revenue and offers a wide range of services, including truckload, intermodal, and warehousing. The company emphasizes innovation through its digital marketplace, Schneider FreightPower®.

Schneider (NYSE: SNDR) has expanded its Schneider FreightPower® digital marketplace, enabling shippers to book, track, and confirm deliveries 24/7. Launched mid-2020, this platform connects small and large shippers with a vast capacity network, backed by Schneider's fleet of over 9,000 trucks and a growing number of third-party carriers. The new features enhance operational efficiency and access to resources within the $1.2 trillion transportation market. Schneider's focus remains on providing cutting-edge solutions to address shippers' needs and improve their logistics capabilities.

Schneider (NYSE: SNDR) has set ambitious sustainability goals, aiming to reduce carbon emissions by 7.5% per mile by 2025 and 60% by 2035. The company plans to double its intermodal size by 2030, further reducing carbon emissions by an estimated 700 million pounds annually. Additionally, Schneider commits to achieving net-zero status for all company-owned facilities by 2035. President and CEO Mark Rourke emphasizes the company's dedication to environmentally sustainable operations, including fleet electrification and enhanced fuel efficiency, with more details to be shared in an upcoming sustainability report.

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.