Schneider Nation SEC Filings

Schneider National posted relatively flat operating revenues of $1,398.5M for the quarter ended March 31, 2026, compared with $1,401.8M a year earlier. Net income declined to $20.4M from $26.1M, and diluted earnings per share fell to $0.12 from $0.15.

Revenues excluding fuel surcharge slipped to $1,243.1M, reflecting lower Logistics brokerage volume and reduced Intermodal revenue per order, partly offset by stronger Truckload pricing and higher fuel surcharge revenue driven by fuel costs. Income from operations decreased to $33.4M, with higher maintenance and fuel expenses and lower gains on equipment sales weighing on margins.

Adjusted metrics also softened: adjusted income from operations was $35.1M, adjusted net income $21.7M, and adjusted EBITDA $143.6M. Free cash flow improved to $48.1M, supported by lower capital spending, while the balance sheet remained strong with $265.1M in cash, equivalents, and marketable securities and $399.2M of total debt.

Schneider National, Inc. reported results from its annual meeting and several governance changes. Shareholders approved an amended and restated 2017 Omnibus Incentive Plan that, among other changes, increases the Class B common stock authorized for issuance under the plan by 19,900,000 shares.

The Board also approved Amended and Restated Bylaws. These changes allow the lead independent director, if any, to call special Board meetings and to chair stockholder and Board meetings when the Chair is absent, unable, or refuses to act, and to serve as Chair if that office is vacant until a successor is appointed.

At the annual meeting, shareholders elected ten directors, ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, approved the amended and restated incentive plan, and supported an advisory resolution approving named executive officer compensation. Approximately 97.5% of all eligible votes were represented in person or by proxy.

Schneider National, Inc. reported first quarter 2026 results with operating revenues of $1.40 billion, essentially flat versus 2025. Net income was $20.4 million compared with $26.1 million a year earlier, and diluted EPS was $0.12 versus $0.15. Adjusted diluted EPS was $0.12 versus $0.16, and adjusted EBITDA was $143.6 million, down from $154.8 million. Truckload, Intermodal, and Logistics all saw lower income from operations despite generally stable or modestly lower revenues. Cash from operations was $92.9 million and free cash flow was $48.1 million. Management reaffirmed full-year 2026 adjusted diluted EPS guidance of $0.70–$1.00 and net capital expenditures of $400–$450 million.

Schneider National, Inc. reported first quarter 2026 results with operating revenues of $1.40 billion, essentially flat versus 2025. Net income was $20.4 million compared with $26.1 million a year earlier, and diluted EPS was $0.12 versus $0.15. Adjusted diluted EPS was $0.12 versus $0.16, and adjusted EBITDA was $143.6 million, down from $154.8 million. Truckload, Intermodal, and Logistics all saw lower income from operations despite generally stable or modestly lower revenues. Cash from operations was $92.9 million and free cash flow was $48.1 million. Management reaffirmed full-year 2026 adjusted diluted EPS guidance of $0.70–$1.00 and net capital expenditures of $400–$450 million.

Schneider National, Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.10 per share for the second quarter of 2026 on its Class A and Class B common stock.

The dividend will be paid to shareholders of record as of June 12, 2026 and is expected to be paid on July 10, 2026.

Schneider National, Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.10 per share for the second quarter of 2026 on its Class A and Class B common stock.

The dividend will be paid to shareholders of record as of June 12, 2026 and is expected to be paid on July 10, 2026.

Schneider National, Inc. director James R. Giertz reported acquiring additional Class B common stock through the company’s Director Deferred Compensation Program. On April 8, 2026, he received 15.17 deferred stock units at a reference price of $28.47 per share, classified as a grant or award rather than an open-market purchase.

These units were credited through a dividend reinvestment feature and will be settled in Class B common stock under the program’s terms. Following this transaction, Giertz directly holds a total of 61,745.22 Class B shares/units, indicating a routine, compensation-related increase in his equity position.

Schneider National, Inc. is holding its 2026 annual shareholder meeting online on April 30, 2026 at 7:30 a.m. Central Time. Shareholders of record as of February 19, 2026, holding 83,029,500 Class A shares with ten votes each and 92,307,016 Class B shares with one vote each, may vote.

Owners are asked to elect ten directors, ratify Deloitte & Touche LLP as auditor, approve an amended and restated 2017 Omnibus Incentive Compensation Plan, and cast an advisory vote on executive pay, all recommended “FOR” by the Board.

The proxy details governance practices, including controlled-company status, independent director leadership, committee structures, and a planned July 1, 2026 leadership transition with Mark B. Rourke becoming Executive Chairman and James S. Filter becoming President and CEO.

Schneider National, Inc. executive vice president and Chief Innovation & Technology officer Shaleen Devgun reported making bona fide gifts of Class B common stock. On February 26, 2026, he gifted 9,415 shares held directly and another 9,415 shares held indirectly through a trust, all at a stated price of $0.00 per share. After these transfers, he continued to hold 38,619 Class B shares directly and 122,787 Class B shares indirectly via the trust, indicating these were estate or charitable-style gifts rather than open‑market sales.

Schneider National, Inc. describes itself as a leading North American multimodal transportation and logistics provider, offering truckload, intermodal, and logistics services across the U.S., Canada, and Mexico. The company serves about 7,400 customers, including 136 Fortune 500 firms, through three reportable segments.

Recent growth has come from acquisitions, including Cowan in December 2024 and M&M in August 2023, which expand dedicated and logistics capabilities. Schneider operates a large fleet of tractors, trailers, containers, and chassis, and also leases equipment to owner-operators through Schneider Finance.

The report highlights a workforce of roughly 19,000 associates, extensive driver training programs, and initiatives to improve retention and diversity. Schneider emphasizes safety technology, predictive analytics, and an integrated technology platform, including its FreightPower tools and collaboration with MLSI on a transportation management system.

Environmental initiatives include a modern, fuel‑efficient fleet, nearly 100 battery‑electric vehicles and 30 CNG vehicles, more than 10 million zero‑emission miles, biodiesel blends, and SmartWay recognition. Key risks include economic cycles, intense competition, driver shortages, fuel price volatility, regulatory changes—especially around emissions and labor classification—and concentrated voting control via a family Voting Trust.