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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 January 17, 2022, Schneider (NYSE: SNDR) was awarded the SanMar Mask Award for its crucial role in the mask distribution supply chain during the COVID-19 pandemic, making it the only carrier to receive this honor. SanMar, a Seattle-based supplier, pivoted to producing masks and collaborated with Schneider to transport them safely. Since their partnership began in 2016, Schneider has built a strong relationship with SanMar, providing reliable logistics support. With nearly $4.6 billion in annual revenue, Schneider continues to invest in innovation and customer service.
Schneider (NYSE: SNDR) announced the acquisition of Ohio-based Midwest Logistics Systems (MLS), enhancing its dedicated operations. The acquisition involves 100% equity interest and aims to preserve the MLS identity, emphasizing its strong customer service and driver culture. With MLS's annual revenues of approximately $205 million, Schneider expects this acquisition to be immediately accretive to its earnings per share, contributing to its goal of generating $1 billion in annual dedicated revenue. The enterprise value of the transaction is about $263 million, financed through cash on hand.
Schneider National, a leader in trucking and logistics services, will report its fourth quarter 2021 results on February 3, 2022, before the market opens. Following the results, the company will hold a conference call at 10:30 a.m. (ET) to discuss the outcomes. Interested parties can access the call by dialing 877-451-6152 (U.S.) or 201-389-0879 (international) and a replay will be available until February 10. Schneider, with nearly $4.6 billion in annual revenue, offers comprehensive transportation solutions and is known for its innovative digital marketplace, Schneider FreightPower®.
Schneider (NYSE: SNDR) will participate in the Stephens Annual Investment Conference on December 2, 2021. Mark Rourke, the President and CEO, is scheduled to join a fireside chat starting at 4:00 p.m. Eastern Time. Investors can access a webcast of the event on Schneider’s Investor Relations website shortly after the conference. Schneider, with nearly $4.6 billion in annual revenue, offers comprehensive logistics services and has been a leader in the industry for over 85 years.
Schneider (NYSE: SNDR) has been recognized as a 2022 FreightTech 100 company, highlighting significant innovation in the freight industry. The award emphasizes disruption and breakthroughs, with an announcement planned for the FreightWaves F3 Future of Freight event on November 9-11. With a focus on AI and partnerships, Schneider is advancing logistics solutions while committing to reducing greenhouse emissions. The company aims for a 7.5% reduction in carbon emissions per mile by 2025 and 60% by 2035. Schneider also previously featured on the FreightTech lists in 2019 and 2020.
Schneider National reported a record third-quarter operating revenue of $1.4 billion, up 27% from 2020, with income from operations soaring 143% to $153.7 million. Diluted earnings per share reached $0.62, a 148% increase year-over-year. The company projects full-year adjusted diluted EPS between $2.13 and $2.17, expecting strong demand to persist through 2022. Additionally, cash and equivalents rose to $504.2 million from $395.5 million at the end of 2020.
Schneider (NYSE: SNDR) announced on October 25, 2021, the declaration of a $0.07 quarterly cash dividend per share for its Class A and Class B common stock. Shareholders of record as of December 10, 2021 will receive the dividend on January 10, 2022. With an annual revenue nearing $4.6 billion, Schneider has been a leader in providing comprehensive logistics and transportation services for over 85 years, continuously investing in innovation to enhance customer experiences.
Schneider National, a leading provider of trucking and logistics services, will release its third quarter 2021 results on October 28, 2021, before the market opens. A conference call to discuss the results is scheduled for 10:30 a.m. ET the same day. Investors can access the call by phone or via a live webcast on Schneider's Investor Relations website. With nearly $4.6 billion in annual revenue, Schneider continues to innovate in the transportation sector, including through its digital marketplace, Schneider FreightPower.
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