Schneider National, Inc. is a provider of truckload, intermodal and logistics services. Schneider's services include regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics.

History

Founded in 1935 when Al Schneider sold the family car to buy his first truck. Schneider is headquartered in Green Bay, Wisconsin. Don Schneider, Al's oldest son, succeeded Al as president on February 9, 1976, and served in that role for 27 years. In 2002, Christopher Lofgren was named the company's third president and CEO. Mark Rourke succeeded Chris Lofgren as President and CEO of Schneider in 2019. Schneider began trading on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

on April 6, 2017; company management rang the opening bell. The stock had an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

of $19.50 per share. In January 2022, Schneider acquired Midwest Logistics Systems (MLS), with MLS continuing to operate as a standalone subsidiary. In 2023, Schneider National launched an all-electric fleet composed of 92 Freightliner eCascadias, described by the

Green Bay Press-Gazette The ''Green Bay Press-Gazette'' is a newspaper whose primary coverage is northeastern Wisconsin, including Green Bay. History The newspaper was founded as the ''Green Bay Gazette'' in 1866 as a weekly paper, becoming a daily newspaper in 1 ...

as "one of the largest EV truck fleets in the nation". The fleet is supported by an electric charging depot at Schneider's South El Monte Operations Center in Southern California, capable of charging 32 trucks simultaneously. The company received the Deloitte Wisconsin 75 sustainability award for reducing carbon emissions. On April 21, 2023, Schneider signed its shipping contract with the seven-day-old

Canadian Pacific Kansas City Canadian Pacific Kansas City Limited, Trade name, doing business as CPKC (known as Canadian Pacific Railway Limited until 2023), is a Canadian railway holding company. Through its primary operating railroad subsidiaries, Canadian Pacific Railw ...

. Schneider acquired M&M Transport Services in August of 2023. M&M is based out of Bridgewater, Massachusetts. In September 2023, Darrell Campbell was announced as the Executive Vice President and Chief Financial Officer. Also in 2023, Schneider National received the National Safety Council’s Green Cross for Safety Advocate Award for its pioneering work piloting technology to combat impaired driving. In November 2024, Schneider announced its acquisition of Cowan Systems, LLC expanding its operations across the Eastern and Mid-Atlantic U.S. regions.

Market

Schneider hauls 9,100,000 freight miles per day, with 19,400 associates, 12,500 company trucks and 54,400 trailers on the road.

References

External links

Schneider
{{Authority control Trucking companies of the United States Companies based in Green Bay, Wisconsin American companies established in 1935 Transport companies established in 1935 2017 initial public offerings 1935 establishments in Wisconsin Companies listed on the New York Stock Exchange

History

Market

See also

References

External links