Jump to content

Schneider National

From Wikipedia, the free encyclopedia

Schneider National, Inc.
Company typePublic
IndustryMotor transportation
Trucking
Logistics
Founded1935
FounderAl Schneider
HeadquartersGreen Bay, Wisconsin, United States
Area served
North America
China
Central America
Key people
  • Mark Rourke (CEO
  • Darrell Campbell (Executive Vice President and CFO)
ProductsTruckload shipping
Number of employees
19,400[1] (2024)
Websiteschneider.com
Headquarters in Green Bay, Wisconsin
Schneider truck
Schneider truck, rear view

Schneider National, Inc. is a provider of truckload, intermodal and logistics services.[1] Schneider's services include regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics.[2][3]

History

[edit]

Founded in 1935 when Al Schneider sold the family car to buy his first truck.[4] 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.[5] In 2002, Christopher Lofgren was named the company's third president and CEO.[6] Mark Rourke succeeded Chris Lofgren as President and CEO of Schneider in 2019.[7][8]

Schneider began trading on the New York Stock Exchange on April 6, 2017; company management rang the opening bell.[9] The stock had an initial public offering of $19.50 per share.[9]

In January 2022, Schneider acquired Midwest Logistics Systems (MLS), with MLS continuing to operate as a standalone subsidiary.[10]

In 2023, Schneider National launched an all-electric fleet composed of 92 Freightliner eCascadias, described by the Green Bay Press-Gazette 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.[11][12][13][14][15] The company received the Deloitte Wisconsin 75 sustainability award for reducing carbon emissions.[11]

On April 21, 2023, Schneider signed its shipping contract with the seven-day-old Canadian Pacific Kansas City.[16]

Schneider acquired M&M Transport Services in August of 2023. M&M is based out of Bridgewater, Massachusetts. [17][18]

In September 2023, Darrell Campbell was announced as the Executive Vice President and Chief Financial Officer. [19]

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.[20][21][22]

In November 2024, Schneider announced its acquisition of Cowan Systems, LLC expanding its operations across the Eastern and Mid-Atlantic U.S. regions. [23][24]

Market

[edit]

Schneider hauls 9,100,000 freight miles per day, with 19,400 associates,[25][26] 12,500 company trucks[27][28] and 54,400 trailers on the road.[29]

See also

[edit]

References

[edit]
  1. ^ a b "Schneider National". Fortune. Archived from the original on January 19, 2019. Retrieved January 18, 2019.
  2. ^ "Schneider National, Inc.: Private Company Information - Bloomberg". investing.businessweek.com. Archived from the original on April 27, 2009. Retrieved January 11, 2018.
  3. ^ "Schneider National on the Forbes America's Best Employers List". Forbes. Retrieved January 11, 2018.
  4. ^ "The Story of Schneider - Leap of Faith Book". Schneider, Inc. Retrieved January 11, 2018.
  5. ^ "Schneider built Green Bay trucking company into industry leader". Retrieved January 11, 2018.
  6. ^ "Schneider National celebrates 75th anniversary". www.ccjdigital.com. June 15, 2010. Retrieved January 11, 2018.
  7. ^ "CEO succession announced for Schneider National, Inc". schneider.com. Retrieved May 13, 2025.
  8. ^ Staff, FreightWaves (October 30, 2018). "Schneider National names Mark Rourke as successor to CEO Chris Lofgren". FreightWaves. Retrieved May 13, 2025.
  9. ^ a b "Schneider National goes public, rings NYSE opening bell". WLUK. April 6, 2017.
  10. ^ "Schneider boosts dedicated service with $263M acquisition | Trucking Dive". www.truckingdive.com. Retrieved May 13, 2025.
  11. ^ a b Bollier, Jeff (October 25, 2023). "3 reasons Schneider National hauled in the Deloitte Wisconsin 75 sustainability award". www.greenbaypressgazette.com. Retrieved February 6, 2024.
  12. ^ "Schneider opens large-scale zero emission electric charging depot in Southern California". www.businesswire.com. June 7, 2023. Retrieved February 6, 2024.
  13. ^ "Schneider opens large-scale zero emission electric charging depot in Southern California". investors.schneider.com. Retrieved May 13, 2025.
  14. ^ Achelpohl, Scott (June 9, 2023). "Schneider unveils large-scale SoCal EV charging depot". FleetOwner. Retrieved May 13, 2025.
  15. ^ Doll, Scooter (June 7, 2023). "Schneider opens own depot in SoCal capable of charging 32 Freightliner electric trucks at once". Electrek. Archived from the original on June 30, 2023. Retrieved May 13, 2025.
  16. ^ May, Tiana (April 24, 2023). "CPKC and Schneider Sign Intermodal Transport Agreement". Railway-News. Retrieved February 6, 2024.
  17. ^ "Schneider expands with purchase of New England based Dedicated carrier". www.businesswire.com. August 1, 2023. Retrieved October 12, 2023.
  18. ^ "Schneider National acquires dedicated carrier M&M Transport". Commercial Carrier Journal. August 1, 2023. Retrieved October 12, 2023.
  19. ^ "Schneider National, Inc. names Darrell Campbell Executive Vice President and CFO". Yahoo Finance. September 6, 2023. Retrieved October 12, 2023.
  20. ^ Staff, The Trucker News (October 24, 2023). "Schneider one of three winners of NSC's 2023 Green Cross for Safety Awards". TheTrucker.com. Retrieved May 13, 2025.
  21. ^ "Schneider is the first company to win three prestigious safety awards from the National Safety Council". investors.schneider.com. Retrieved May 13, 2025.
  22. ^ "NSC celebrates Green Cross for Safety Award winners | Safety+Health". www.safetyandhealthmagazine.com. Retrieved May 13, 2025.
  23. ^ "Schneider latest acquisition of Cowan Systems, LLC". schneider.com. Retrieved May 13, 2025.
  24. ^ "Schneider Acquiring Cowan Systems in $390 Million Deal - TT". Transport Topics. November 25, 2024. Retrieved May 13, 2025.
  25. ^ "Schneider National, Inc. Announces Fourth Quarter 2024 Results". investors.schneider.com. Retrieved May 13, 2025.
  26. ^ "About Us | Schneider". schneider.com. Retrieved May 13, 2025.
  27. ^ "Schneider National, Inc. Announces Fourth Quarter 2024 Results". investors.schneider.com. Retrieved May 13, 2025.
  28. ^ "About Us | Schneider". schneider.com. Retrieved May 13, 2025.
  29. ^ "About Us | Schneider". schneider.com. Retrieved May 13, 2025.
[edit]
Wikimedia Commons has media related to Schneider National.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Schneider_National&oldid=1291119127"