Schneider National, Inc.
Company typePublic
NYSE: SNDR (Class B)
Russell 1000 Index component
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
19,600[1] (2017)
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

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]

Schneider began trading on the New York Stock Exchange on April 6, 2017; company management rang the opening bell.[7] The stock had an initial public offering of $19.50 per share.[7]

Schneider acquired M&M Transport Services in August of 2023. M&M is based out of Bridgewater, Massachusetts. [8][9]

In September 2023, Darrell Campbell was announced as the Executive Vice President and Chief Financial Officer. [10]

Market

Schneider hauls 19,318 loads per day, with 11,650 company drivers, 10,120 company trucks and 33,830 trailers on the road.[citation needed] The company has 166 facilities, conducting business in the United States, Mexico and China. Schneider's customers include more than two-thirds of the FORTUNE 500 companies.[citation needed]

See also

References

  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. ^ a b "Schneider National goes public, rings NYSE opening bell". WLUK. April 6, 2017.
  8. ^ "Schneider expands with purchase of New England based Dedicated carrier". www.businesswire.com. August 1, 2023. Retrieved October 12, 2023.
  9. ^ "Schneider National acquires dedicated carrier M&M Transport". Commercial Carrier Journal. August 1, 2023. Retrieved October 12, 2023.
  10. ^ "Schneider National, Inc. names Darrell Campbell Executive Vice President and CFO". Yahoo Finance. September 6, 2023. Retrieved October 12, 2023.

External links

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Trucking industry in the United States
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