Schneider Nation - SNDR STOCK NEWS

Schneider National (NYSE: SNDR) has been named the PepsiCo Asset Sustainability Carrier of the Year for the third year in a row, recognizing its commitment to sustainable transportation and support for PepsiCo's environmental goals.

Schneider has been a key partner to PepsiCo for over 20 years, and became the first third-party carrier to transport zero-emission shipments for PepsiCo globally last year. Since then, Schneider has completed nearly 800 shipments using its battery electric vehicle (BEV) fleet in Southern California.

Schneider's BEV fleet, which includes 92 Freightliner eCascadias and two Lonestar S22 electric tractors, has surpassed 4 million zero-emission miles. The company also opened a large-scale charging depot in South El Monte, California, capable of charging 32 trucks simultaneously. Schneider is 90% of the way to its 2025 goal of reducing CO2 emissions by 7.5% per mile, aiming for a 60% reduction by 2035.

Schneider National, a leading multimodal transportation and logistics provider, published its 2023 Corporate Responsibility Report, highlighting significant progress in sustainability and corporate responsibility. The company aims to reduce CO2 emissions by 7.5% per mile by 2025 and achieve net-zero status in company-owned facilities by 2035. Notable advancements include a 7% reduction in emissions per mile, nearing its 2025 goal, and the operation of one of North America's largest battery electric vehicle (BEV) fleets. Schneider's BEVs have helped clients like PepsiCo and Goodyear reduce their emissions. The company also reported above industry average representation of women among its drivers (13%) and increased workforce diversity (45%).

Schneider National, a leading transportation and logistics provider, will be participating in the Wolfe Research 17th Annual Global Transportation & Industrials Conference on May 22, 2024. Mark Rourke, the CEO, and Darrell Campbell, the CFO, will represent the company. The event will include a panel discussion at 11:30 a.m. EST, with a webcast available on Schneider's Investor Relations website.

Schneider National, Inc. (SNDR) has been honored as a 2024 Military Friendly Employer and a Military Spouse Friendly Employer for its exceptional support of military veterans and their families. The company's recognition showcases its dedication to recruiting, hiring, and retaining service members, veterans, and military spouses/dependents. Schneider's longstanding commitment to veterans is evident through its veteran programs and career opportunities, with 13% of its associates having military experience. The company's founder, Al Schneider, who was a National Guard member, laid the foundation for Schneider's support of veterans. For more information on Schneider's initiatives, visit https://schneider.com/.

Schneider National, Inc. reported first quarter 2024 results with operating revenues of $1.3 billion, down from $1.4 billion in 2023. The income from operations decreased to $28.7 million from $114.6 million in 2023. Diluted Earnings per Share dropped to $0.10 from $0.55 in the prior year. Adjusted Diluted Earnings Per Share was $0.11. The company updated full-year Adjusted Diluted Earnings per Share guidance to $0.85 - $1.00 and Net Capital Expenditures guidance to $350.0 - $400.0 million.

Schneider National, a transportation and logistics provider, declared a quarterly cash dividend of $0.095 per share for its Class A and Class B common stock. The dividend will be paid on July 9, 2024.

Schneider National, Inc. (NYSE: SNDR) celebrates the exceptional safety achievements of nearly 200 drivers who have collectively driven millions of safe miles without a single preventable accident. The company's annual recognition program honors drivers who have earned Million Mile Driver Awards, Consecutive Safe Driving Awards, and induction into the prestigious Haul of Fame. Five drivers reached a remarkable milestone of four million safe driving miles, highlighting their dedication to safety and excellence.

Schneider National, Inc. (NYSE: SNDR) has been honored as a Best-In-Class Employer by Gallagher for its exceptional people management and associate wellbeing programs. The company was recognized for its comprehensive framework investing in benefits, compensation, and communication to support the health, financial security, and career growth of its associates.

Schneider National, Inc. (SNDR) has been recognized as one of America’s Greatest Workplaces (AGW) by Newsweek, highlighting its commitment to excellence in various areas. The company's focus on company image, corporate culture, work-life balance, sustainability, and diversity has earned it this prestigious title.