Welcome to our dedicated page for Schneider National news (Ticker: SNDR), a resource for investors and traders seeking the latest updates and insights on Schneider National stock.
Schneider National, Inc. (SNDR) is a premier provider of truckload, logistics, and intermodal services in North America. Established over 80 years ago, Schneider has built a reputation for delivering expert transportation and logistics solutions. With a diverse portfolio of services that include van truckload, dedicated, regional, bulk, intermodal, brokerage, supply chain management, integrated delivery, and port logistics, Schneider offers one of the broadest ranges of services in the industry.
Headquartered in Green Bay, Wisconsin, this publicly traded company reports annual revenue of approximately $3.5 billion. Schneider's operations span across the continental United States, Canada, and Mexico, making it a key player in the North American transportation sector. The company is divided into several segments: Truckload, Intermodal, Logistics, and others, with the Truckload segment generating the maximum revenue.
Besides its extensive service offerings, Schneider is known for its innovative solutions and customer-centric approach. The company's recent achievements include expanding its intermodal services and enhancing its supply chain management capabilities. Schneider is constantly working on current projects that aim to improve efficiency and service delivery, ensuring it remains at the forefront of the logistics industry.
Schneider's financial stability and robust partnerships further underline its significance in the market. By leveraging advanced technology and strategic alliances, the company continues to offer reliable and efficient logistics solutions to a broad customer base.
For more detailed information about Schneider National, Inc. and its services, you can visit their official website at www.schneider.com.
On April 6, 2022, Schneider (NYSE: SNDR) celebrated five years since its IPO, highlighting significant growth, with Logistics and Intermodal revenues doubling and accounting for nearly half of its earnings. The company has invested in technology, including Schneider FreightPower®, enhancing its multimodal platform. Additionally, Schneider expanded its Dedicated customer base, notably acquiring Midwest Logistics Systems in late 2021. With over $5.6 billion in annual revenue, Schneider aims to bolster its diverse transportation and logistics services while delivering value to shareholders.
Schneider (NYSE: SNDR) will report its Q1 2022 results pre-market on April 28, 2022. A conference call to discuss these results is scheduled for 10:30 a.m. Eastern Time on the same day. Interested parties can join the call by dialing 877-451-6152 for U.S. participants or 201-389-0879 internationally. The replay will be available through May 5. Schneider, a leading multimodal provider, has generated nearly $5.6 billion in annual revenue and is recognized for its innovative digital marketplace, Schneider FreightPower®.
Amy Wettstein, regional vice president of Van Truckload at Schneider (NYSE: SNDR), has been recognized as one of Women in Trucking's 2022 Top Women to Watch in Transportation. This honor highlights her career achievements and mentorship within the industry. With over 26 years at Schneider, she leads nearly 2,000 drivers and has successfully developed multi-modal solutions to address capacity shortages. Wettstein, the first to receive Schneider's President's Club award twice, emphasizes the importance of female leadership in transportation.
Schneider (NYSE: SNDR) announced Shaleen Devgun's appointment as Chief Innovation and Technology Officer, expanding his role from Chief Information Officer. Devgun has significantly advanced Schneider's innovation, including establishing Packerland Ventures and partnerships with tech firms. The company emphasizes sustainability, aiming for decarbonization through data-driven solutions. Schneider's President Mark Rourke highlighted that technology is central to the company's strategy. Additionally, the company is developing 'The Grove', an innovation center, to foster emerging technologies.
Schneider (NYSE: SNDR) announced the promotion of Angela Fish to Executive Vice President of Human Resources, making her the first woman to hold this position in the company's history. Fish's leadership has contributed to Schneider being named one of America's Best Large Employers by Forbes. She previously served as senior vice president of human resources since 2019, enhancing diversity and inclusion initiatives. Her responsibilities will now encompass overseeing human resources, DEI strategy, and associate engagement for Schneider, which boasts nearly $5.6 billion in annual revenue.
On February 4, 2022, Schneider (NYSE: SNDR) announced that its Executive Vice President and General Counsel, Thom Jackson, was named one of the 'Most Influential Black Lawyers' by Savoy Magazine. This recognition honors African American legal leaders in major corporations. With over 30 years of experience, Jackson has significantly contributed to Schneider's legal and business strategies, and he serves on multiple influential boards. His recognition underscores Schneider's commitment to excellence in leadership and diversity within the legal profession.
Schneider National reported record earnings exceeding $530 million in 2021, driven by strategic growth in dedicated, intermodal, and logistics segments. Operating revenues rose 24% year-over-year to $1.57 billion in Q4 2021 and reached $5.61 billion for the full year, reflecting a robust demand environment. Adjusted diluted Earnings Per Share (EPS) were $0.76 for Q4 and projected EPS for 2022 ranges from $2.35 to $2.55. The company also completed the acquisition of Midwest Logistics Systems, aiming for $1 billion in dedicated revenues.
Schneider (NYSE: SNDR) declared a quarterly cash dividend of $0.08 per share, effective for shareholders of record as of March 11, 2022. The dividend will be paid on April 8, 2022. This announcement reflects Schneider's ongoing commitment to providing returns to its shareholders, aligning with its strategy of delivering consistent value. With nearly $4.6 billion in annual revenue, Schneider continues to invest in innovation and customer service, showcasing its strong market position in the transportation and logistics sector.
Schneider (NYSE: SNDR) is shifting its primary western U.S. rail partnership to Union Pacific (NYSE: UNP) starting January 1, 2023, enhancing its intermodal service capabilities. Schneider, with over 25,000 containers, aims to double its intermodal size by 2030. This transition will create more direct transcontinental connections and supports Schneider's sustainability goals, saving 700 million pounds of CO2 annually. The company is set to have the largest driver dray fleet among intermodal carriers on Union Pacific's network.
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