Schneider Nation Stock Price, News & Analysis

Schneider (NYSE: SNDR) announced a driver pay increase effective January 24, with many drivers set to earn an additional $0.04 per mile. This increase underscores Schneider's commitment to rewarding its driver associates for their dedication. The company has previously implemented various enhancements, including six paid holidays and a speed adjustment for trucks. Schneider continues to focus on investments in driver productivity and safety. With nearly $5 billion in annual revenue, Schneider aims to improve driver careers and deliver exceptional customer service.

Schneider (NYSE: SNDR) is honoring fallen military veterans by participating in Wreaths Across America. Tom Lehr, a Marine veteran and Schneider driver, will deliver balsam fir wreaths to Arlington National Cemetery and over 2,100 locations nationwide. This marks the 2020 event's 28th year, although the scale is reduced due to COVID-19 safety measures. Schneider has a long history with this initiative and has been recognized with a 'Ride of Pride' truck for their commitment to veterans. The company boasts nearly $5 billion in annual revenue and continues to prioritize honoring those who served.

Schneider (NYSE: SNDR) has expanded its Bulk Express Intermodal service into Canada, enhancing shipping options for bulk shippers across North America. The service, which began last week, promises truck-like delivery times and efficient freight transport via rail, with local drivers handling final delivery. Key benefits include the elimination of border-crossing delays, reduced carbon emissions, and alleviated capacity concerns. The service is optimized for shippers within 150 miles of Toronto or those in the Western or Southern U.S. regions.

Schneider (NYSE: SNDR) has been awarded the 2020 Target Middle Mile Award for Best Transportation Innovator. Recognized for enhancing Target's transportation operations, Schneider implemented centralized overnight support and auto arrival technology, enabling real-time delivery updates. This recognition highlights Schneider's commitment to innovation and customer service. With nearly $5 billion in annual revenue, Schneider continues to invest in advanced logistics solutions, ensuring a superior customer experience.

Schneider (NYSE: SNDR) has launched Schneider FreightPower®, a digital marketplace designed to connect carriers with quality freight more efficiently. This platform enables carriers to access Schneider's extensive network of shippers via an online portal and mobile app, streamlining the load booking process. Key features include load recommendations, GPS tracking, and enhanced filters for quicker load searches. It aims to save carriers up to three hours daily, allowing them to focus more on their business operations.

Schneider National (NYSE: SNDR) will participate in three investment conferences in November and December 2020. Key details include:

• Baird Global Industrial Conference: November 10, 2020, featuring CFO Stephen Bruffett at 12:50 p.m. ET.
• Stephens NASH 2020 Investment Conference: November 18, 2020, with CEO Mark Rourke and CFO Stephen Bruffett at noon ET.
• Credit Suisse 8th Annual Global Industrials Conference: December 3, 2020, led by CEO Mark Rourke and CFO Stephen Bruffett at 10:50 a.m. ET.

Webcasts available on Schneider's Investor Relations website.