Schneider National
| Company type | Public |
|---|---|
| Industry | Trucking, Logistics |
| Founded | 1935 |
| Founder | Al Schneider |
| Headquarters | Green Bay, Wisconsin , United States |
Key people | Mark Rourke (CEO), Darrell Campbell (EVP and CFO) |
| Products | Truckload, intermodal, logistics solutions, regional and long-distance hauling, expedited shipments, dedicated routes, bulk transport, brokerage services, cross-docking logistics, pool point distribution, supply chain management, port logistics |
Number of employees | 19,400 |
| Website | www |
Schneider National, Inc. stands as a prominent provider in the sectors of truckload, intermodal, and logistics solutions. Its service portfolio encompasses regional and long-distance hauling, expedited shipments, dedicated routes, bulk transport, intermodal operations, brokerage services, cross-docking logistics, pool point distribution, supply chain management, and port logistics.
History
Established in 1935 by entrepreneur Al Schneider, who acquired his initial truck by selling the family automobile, Schneider National is based in Green Bay, Wisconsin. Don Schneider, Al’s eldest son, led the company as president from 1976 until 2003. Christopher Lofgren succeeded him in 2002, assuming the roles of president and CEO. In 2019, Mark Rourke was appointed CEO, guiding the organization’s strategic direction and business expansion.
The company went public on the New York Stock Exchange on April 6, 2017, launching its initial public offering at $19.50 per share. Trading under the ticker SNDR, Schneider is included in both the Russell 1000 and S&P 600 indices.
In January 2022, Schneider broadened its market presence by acquiring Midwest Logistics Systems (MLS) for $263 million; MLS continues to function as an independent subsidiary. Further expanding its dedicated service offerings, Schneider purchased M&M Transport Services in August 2023, located in Bridgewater, Massachusetts.
Showcasing dedication to sustainability and technological advancement in trucking, Schneider introduced a fleet of 92 all-electric Freightliner eCascadias in 2023—ranking among the nation’s largest electric truck fleets—supported by a substantial electric charging facility in Southern California capable of servicing 32 trucks at once. This initiative contributed to Schneider earning the Deloitte Wisconsin 75 sustainability award for its efforts in lowering carbon emissions.
Strategic collaborations also strengthen Schneider’s global reach; notably, in April 2023, it finalized an intermodal shipping agreement with Canadian Pacific Kansas City shortly after the railway's establishment.
In September 2023, Darrell Campbell joined Schneider as Executive Vice President and Chief Financial Officer, bolstering the leadership team with a focus on financial performance and optimizing corporate structure.
Schneider’s dedication to safety was recognized with the National Safety Council’s Green Cross for Safety Advocate Award in 2023 for its innovative technology addressing impaired driving—highlighting its competitive edge and industry acclaim.
Continuing its growth trajectory into late 2024, Schneider announced plans to acquire Cowan Systems, LLC for $390 million, strengthening its foothold across Eastern and Mid-Atlantic U.S. regions.
Market
Schneider manages a fleet of 12,500 company-owned trucks alongside 54,400 trailers, covering approximately 9.1 million freight miles every day with a team of 19,400 employees. This vast operational network underpins its status as a key leader within the trucking sector by delivering robust revenue streams and commanding significant market share through optimized logistics and transportation services.
See also
External links
- 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
- Companies of the United States by year of establishment