The front of Schneider's corporate office in Green Bay, Wisconsin with Schneider logo-ed sign and a banner below it with a 90th anniversary logo

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Company hosts anniversary event today honoring legacy and looking ahead

GREEN BAY, Wis. (June 12, 2025) – From a single truck in 1935 to a premier multimodal provider of transportation, logistics and intermodal services, Schneider National, Inc. (NYSE: SNDR), celebrates 90 years of bold evolution, resilience and service excellence. Today, June 12, the company is marking this milestone with a special event at its Green Bay headquarters honoring its rich history, the people who have driven its success, and its promising future.&nbsp;&nbsp;Founded by Al Schneider with a vision to build something extraordinary, the company has grown into a multimodal powerhouse with 19,400 associates and 12,500 trucks, logging over 9 million freight miles daily — the equivalent of circling the globe 370 times. &nbsp;“Reaching 90 years is a remarkable achievement and a testament to the dedication of our current and former associates,” said Schneider President and CEO Mark Rourke. “From Al Schneider’s first delivery to our nearly 14,000 company drivers today, our story is one of innovation, adaptability, and a steadfast commitment to providing safe and reliable service to our customers.”&nbsp;A Legacy of Firsts&nbsp;Schneider has repeatedly reshaped the supply chain through industry-defining advancements:&nbsp;<ul><li>1958: Schneider secured its first interstate authority, expanding beyond Wisconsin and laying the groundwork for a national footprint.&nbsp;</li></ul><ul><li>1980: Schneider successfully navigates deregulation after the Motor Carrier Act is passed.&nbsp;</li></ul><ul><li>1982: Schneider Communications, Inc. is formed to provide drivers long-distance telephone service.&nbsp;</li></ul><ul><li>1986: The company revolutionized trucking by becoming the first to equip its fleet with two-way in-cab satellite communication, eliminating the need for drivers to stop and use pay phones for assignments.&nbsp;</li></ul><ul><li>1991: Recognizing the growing need for diversified transportation services, Schneider launched its Intermodal operations.&nbsp;</li></ul><ul><li>1992: Mexico City office opens to serve cross-border customers.&nbsp;</li></ul><ul><li>1993: Building on its commitment to providing end-to-end supply chain solutions, Schneider founded Schneider Logistics, Inc.&nbsp;</li></ul><ul><li>2001: Schneider Brokerage started.&nbsp;</li></ul><ul><li>2017: Schneider went public, unlocking new opportunities for innovation and growth.&nbsp;</li></ul><ul><li>2020: Schneider FreightPower® portal for shippers, carriers and owner-operators launches.&nbsp;</li></ul><ul><li>2022: Schneider acquires Midwest Logistics Systems.&nbsp;</li></ul><ul><li>2023: Schneider becomes the first major carrier to fully operationalize a battery electric fleet in California; The Grove Innovation Center opens in Green Bay; M&amp;M Transport Services is acquired.&nbsp;</li></ul><ul><li>2024: Schneider acquires Cowan Systems, significantly expanding Dedicated services to nearly 8,600 trucks. The company establishes a preferred rail partnership with recently formed CPKC.&nbsp;</li></ul><ul><li>2025: Schneider celebrates its 90th anniversary.&nbsp;</li></ul>Honoring Excellence&nbsp;Today’s event includes the induction of 30 new drivers to Schneider’s Haul of Fame, a special recognition for those who have achieved at least 3 million safe driving miles or 20 consecutive years without a preventable accident. For the first time in company history, five company drivers will receive their 4 million safe mile awards in the same year, <a href="https://schneider.com/company/news/longtime-schneider-driver-achieves-remarkable-milestone-of-five-million-safe-miles">and one driver achieved 5 million safe miles</a>. There are only 435 drivers who have earned a plaque on the Haul of Fame wall, which underscores what a rare achievement it is and how important it is in Schneider’s deep-rooted <a href="https://schneider.com/company/corporate-responsibility/safety">culture of safety</a>.&nbsp;Driving the Future&nbsp;As Schneider looks ahead, it continues to invest in strategic growth areas, including intermodal and cross-border services, particularly in Mexico, as well as further organic and acquisitive growth in Dedicated services. The company remains focused on delivering innovative, customer-centric solutions that meet the evolving demands of the global supply chain.&nbsp;&nbsp;“We’re not just celebrating our past — we’re accelerating into the future,” said Rourke. “Our strong foundation in service, safety and operational excellence, paired with our associates and an openness to change anything but our values, ensures we’ll continue to set the standard for decades to come.”&nbsp;

Schneider celebrates 90 Years of bold innovation, growth and industry leadership

A collage of SFI client photos with their new leased semi trucks with a blue overlay and the SFI 30th anniversary logo on top.

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SFI Trucks and Financing offers personalized service and innovative solutions for owner-operators starting or building trucking businesses&nbsp;

GREEN BAY, Wis. (May 14, 2025) – Truck drivers who aspire to become owner-operators need flexible leasing solutions and high-quality equipment to launch and maintain a successful business. For three decades, <a href="https://sfitrucks.com/">SFI Trucks and Financing</a> has been turning these driving entrepreneurs’ dreams into a reality.&nbsp;Supporting the owner-operator journey&nbsp;Becoming an owner-operator isn’t just about leasing a truck. It’s about navigating a complex marketplace, maintaining high-quality equipment and running a sustainable business. SFI was established thirty years ago to address these challenges, offering owner-operators the tools and resources they need to build thriving trucking businesses.&nbsp;SFI’s unique approach includes:&nbsp;<ul><li>Innovative <a href="https://sfitrucks.com/leasing-semi-truck-vs-buying">leasing solutions</a> that reduce upfront costs with low money down options.&nbsp;</li></ul><ul><li>Credit flexibility providing more owner-operators – with good or bad credit history – access to truck leases.&nbsp;</li></ul><ul><li>Premium trucks with an <a href="https://sfitrucks.com/inventory">inventory</a> stocked with new and gently used vehicles.&nbsp;</li></ul><ul><li><a href="https://sfitrucks.com/about-sfi">Warranties</a> on new trucks that generally cover the length of clients’ initial leases, and used trucks that come with extended, above-industry-standard warranties and cover high-cost repairs.&nbsp;</li></ul><ul><li>Personalized service and tools for areas like <a href="https://sfitrucks.com/maintenance-program">maintenance</a>, business consulting and Spanish language support.&nbsp;</li></ul><ul><li>$500 Military discount for current and former military members.&nbsp;</li></ul>Personalized service&nbsp;One significant factor that sets SFI apart is its unmatched commitment to <a href="https://sfitrucks.com/about-sfi">personalized service.</a> Each SFI client is paired with a dedicated account administrator who provides one-on-one support throughout the lease term. SFI representatives collaborate with clients to ensure they are equipped with the knowledge, tools and insights needed for long-term success.&nbsp;24/7 maintenance support team&nbsp;SFI’s maintenance program provides 24/7 emergency roadside assistance and access to engineers who specialize in helping clients work through challenging maintenance issues and to get them the best parts and labor rates.&nbsp;The freedom SFI supports&nbsp;SFI understands the reason many company drivers become owner-operators. They desire to have more freedom and boost their earnings potential. That's why it offers opportunities for clients to make their business truly their own with the flexibility to haul for any carrier across the United States, granting them the freedom to explore opportunities that best align with their business goals.&nbsp;“SFI has been a guiding force in helping drivers achieve their dreams of starting and growing their own trucking business,” said SFI Vice President and General Manager Steve Rhode. “We’re grateful to all those who have been on this journey with us — clients, staff and stakeholders — we’ve worked hand in hand to provide top-notch resources, support and flexibility to help owner-operators be successful.”&nbsp;Visit <a href="https://sfitrucks.com/">SFITrucks.com</a> to learn more about how SFI helps owner-operators achieve success.&nbsp;&nbsp;

SFI celebrates 30 years of leasing new trucks to owner-operators

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Katie Justman is recognized for her commitment to excellence, empowering associates and delivering superior results for shippers

GREEN BAY, Wis. (April 1, 2025) – Shippers searching for flexible, results-driven solutions rely on industry professionals who can deliver capacity and insights. One such expert is Schneider’s Director of Operations, Katie Justman. Honored as one of the Top Women to Watch in Transportation by Redefining the Road, the official magazine of the Women in Trucking Association (WIT), Katie exemplifies operational excellence, mentorship and a customer-first mindset.Over her 26-year career at Schneider National, Inc. (NYSE: SNDR), a premier multimodal transportation, intermodal and logistics provider, Katie has a proven track record of creating solutions that empower her team and deliver exceptional service. Her leadership spans across ten customer accounts that represent $143 million in <a href="https://schneider.com/freight-shipping-solutions/truckload">Network</a> and <a href="https://schneider.com/freight-shipping-solutions/dedicated">Dedicated</a> annual revenue, and she oversees a team of 800 professional drivers who consistently deliver on Schneider’s promises to be responsible, reliable and safe. In fact, one of the drivers on Katie’s team recently achieved a remarkable <a href="https://schneider.com/company/news/longtime-schneider-driver-achieves-remarkable-milestone-of-five-million-safe-miles">five million safe miles</a>.“Katie’s recognition as a Top Woman to Watch is a testament to her innovative approach to customer service and dedication to building relationships,” said Schneider Chief Commercial Officer and Senior Vice President Erin Van Zeeland. “Her ability to understand complex customer needs and translate them into impactful results help give customers an edge in today’s competitive landscape.”Katie’s dedication to excellence doesn’t stop there; she is committed to cultivating the next generation of industry leaders. That’s why she is an active mentor in both the <a href="https://schneider.com/company/corporate-responsibility/people">Schneider Women’s Network</a>, the company’s longest-running internal Business Resource Group, and the Accelerated Development Program — initiatives that align seamlessly with Schneider’s mission to create a growth-oriented workplace where everyone can thrive.“Receiving the Top Woman to Watch award is really a reflection of the incredible support I have received at Schneider and our collaborative culture where we ensure associates have what they need to succeed for our customers every day,” Katie shared. “My experiences help me mentor the next rising stars so they, too, can move forward along their career path while helping our customers achieve meaningful results.”Schneider’s steadfast commitment to advancing women in transportation is evident. Women hold approximately 13% of driver roles — nearly double the industry average — and 40% of leadership positions. In addition, the company and its leaders have consistently earned accolades from WIT, including the Top Women to Watch in Transportation award and being listed six consecutive years as a <a href="https://schneider.com/company/news/schneider-recognized-as-a-top-company-for-women-to-work-in-transportation-for-sixth-consecutive-year" target="_self">Top Company for Women to Work in Transportation.</a>For shippers seeking reliable supply chain solutions backed by proven operational experts like Katie Justman, visit, <a href="https://schneider.com/">schneider.com&lt;</a>. For those seeking a role with a responsible organization with leaders who support professional development and personal growth, visit <a href="https://schneiderjobs.com/">schneiderjobs.com</a>.

Schneider leader honored as a “Top Woman to Watch in Transportation”

Headshot of Michael Baumgardt, recently named a 2025 Pro to Know, by Supply and Demand Chain Executive

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Schneider Senior Vice President named a Supply &amp; Demand Chain Executive 2025 “Pro to Know”&nbsp;&nbsp;

GREEN BAY, Wis. (March 17, 2025) – In today’s complex transportation environment, shippers are looking for flexible solutions that get their products to consumers reliably, safely and cost-effectively. For those striving to enhance their supply chains, Intermodal transportation is a vital component of any multimodal approach. At Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, Senior Vice President and General Manager of Intermodal, Michael Baumgardt, is leading the charge in delivering those customer-centric solutions. &nbsp;Michael’s proficiency in analyzing customer freight needs and driving efficiencies makes him a sought-after expert. Most importantly, his focus on collaborating with customers to help them achieve their business goals has led to innovative solutions that address common challenges in the industry, such as the need for seamless and timely border crossings and more sustainable transportation options.&nbsp;&nbsp;It’s no surprise then that Michael has been recognized as one of the 2025 Pros to Know by Supply &amp; Demand Chain Executive, highlighting his significant contributions in the supply chain sector. Just a few of Michael’s recent key achievements include:&nbsp;<ul><li>Enabled new Intermodal service in Mexico: Michael oversaw the launch of an <a href="https://schneider.com/company/news/schneider-launches-new-intermodal-service-between-the-southeast-u-s-and-mexico">expanded, continuous rail service</a> between Mexico, Texas and the Southeastern United States, reducing delays and freight loss while increasing payload and savings by 10% or more because of Schneider’s lightweight, company-owned equipment and specialized heavy-haul permits.&nbsp;</li></ul><ul><li>Strengthened reliable rail routes: By enhancing relationships with rail providers, Michael ensured customers have the broadest scope of intermodal solutions. As the only fully asset-based carrier with Union Pacific (UP), CSX and CPKC connections, Schneider <a href="https://schneider.com/company/news/schneider-s-unique-intermodal-service-and-extensive-experience-unlocks-customer-growth-and-flexibility-in-mexico">pairs with the rail providers</a> to optimize routes and strategize further innovation.&nbsp;</li></ul><ul><li>Implemented responsible, sustainable transportation solutions: Michael assisted in operationalizing Schneider’s battery electric fleet in Southern California, leading to more than <a href="https://schneider.com/company/news/schneider-is-first-major-carrier-to-achieve-six-million-zero-emission-miles-with-the-freightliner-ecascadia">six million zero emission miles being driven using Freightliner eCascadias</a> – so far.&nbsp;</li></ul>“Our customers have high expectations – and rightfully so. They need to get their freight on time, every time. That’s why I’m proud to work for an organization that consistently lives up to its promises,” said Michael. “I see this recognition as a team win. It reflects our successful efforts to prioritize customers’ business objectives, deploy flexible solutions supported by technical innovations and find ways to ensure mutual growth and collaboration.”&nbsp;Michael’s 23 years at Schneider have equipped him with extensive knowledge and experience, enabling him to turn industry challenges into opportunities. His leadership has driven Schneider’s growth and long-term success for its customers.&nbsp;“This recognition is a testament to Michael’s exceptional dedication, innovative thinking and unwavering commitment to excellence in our industry,” said Schneider Executive Vice President and Group President of Transportation and Logistics Jim Filter. “He has been instrumental in expanding our Intermodal capabilities, strengthening our rail relationships and demonstrating servant leadership. This award is so well-deserved, and we all look forward to his continued success within our organization."&nbsp;To learn more about Schneider’s Intermodal offerings, visit <a href="https://schneider.com/freight-shipping-solutions/intermodal">Schneider.com &gt; Shippers &gt; Intermodal</a>.&nbsp;&nbsp;

The intermodal supply chain leader you need to know: Michael Baumgardt

Schneider Ride of Pride driver and military veteran, Patrice Cook, kneeling down to lay a wreath at the gravesite of a deceased veteran with several rows of headstones with wreaths in front of her

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Schneider to honor veterans for the 16th consecutive year&nbsp;

GREEN BAY, Wis. (December 13, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is continuing to demonstrate its support for veterans as four of its drivers will participate in this year’s Wreaths Across America (WAA) Honor Fleet, delivering wreaths to national cemeteries across the country.&nbsp;&nbsp;Schneider is a responsible company that believes in making a difference in the communities in which its associates live, work and travel – and creating opportunities for them to get personally involved. That’s why, since 2008, driver associates have been delivering wreaths to honor fallen heroes, offering them a meaningful way to give back. With 13% of Schneider associates having <a href="https://schneiderjobs.com/truck-driving-jobs/military">military experience</a>, this opportunity holds special significance.&nbsp;&nbsp;Among this year’s participating drivers is Patrice Cook, a U.S. Army veteran and one of Schneider’s Ride of Pride drivers, who is once again joining the prestigious Escort to Arlington, which began on December 7. The Escort is traveling down the East Coast, promoting WAA’s mission through public events at memorials and other locations, culminating in a ceremony at Arlington National Cemetery on December 14, Wreaths Across America Day.&nbsp;&nbsp;"Each year, participating in this event is a profound honor," said Cook. "Bringing wreaths to national cemeteries to honor those who have sacrificed their lives is deeply moving. Being part of the Escort to Arlington and witnessing the support and patriotism of onlookers along the route is incredibly heartwarming. At each stop, we meet people who share their stories and express their gratitude. It’s a reminder of the impact and importance of our mission, and it fills me with pride and humility to be part of such a meaningful tradition."&nbsp;The 2024 WAA theme, “Live with Purpose,” deeply resonates with Schneider associates and reflects their commitment to service. More specifically, the participating drivers shared what this theme means to them.&nbsp;“‘Live with Purpose’ means making a positive impact on our future,” Cook said. “As a Ride of Pride driver, I support my fellow veterans by attending events at care homes, hospitals and other locations that offer support.”&nbsp;Jeff Waggoner, a U.S. Army veteran and Ride of Pride driver since 2022, added, “To me, ‘Live with Purpose’ is about doing what you enjoy and finding fulfillment. Driving the Ride of Pride truck honors those who have served, and it’s rewarding to help other veterans. WAA isn’t just for veterans or drivers; anyone can contribute by volunteering, setting out wreaths or donating.”&nbsp;Bobby Brown, a U.S. Army veteran who has been with Schneider for over 33 years, said, “When I hear ‘Live with Purpose,’ I think of ‘Drive with Purpose’—what I do every day at Schneider. This route is especially important to me, having served in the Army and with many family members in the military. If there’s one load to do in a year, it’s this one.”&nbsp;Doug Huber, a U.S. Marine Corps veteran and driver for Schneider’s <a href="https://schneider.com/freight-shipping-solutions/truckload">Van Truckload offering</a>, shares, “Remembrance is so important to honor fallen or missing veterans and also for all those who are currently serving in our military. I am proud to be part of WAA to do that. Additionally, ‘Live with Purpose’ means to me to reach out to those with a frown and brighten their day somehow, each and every day.”&nbsp;WAA started over 30 years ago and has evolved into a year-long mission to remember, honor and teach the values of freedom and sacrifice.&nbsp;&nbsp;Schneider has played a long-standing role in this important initiative to reinforce the company’s commitment to operating responsibly, living with purpose and honoring those who have served our country.&nbsp;

Schneider drivers “Live with Purpose” by participating in Wreaths Across America

One of Schneider's eCascadia battery electric trucks drives down the highway in Southern California

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The company champions responsible and cleaner transportation solutions&nbsp;

GREEN BAY, Wis. (December 12, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is marking another significant milestone as its battery electric vehicle (BEV) fleet has surpassed six million zero emission miles, highlighting its commitment to reducing carbon emissions and advancing cleaner transportation.&nbsp;“Reaching six million zero emission miles is a testament to our steadfast dedication to sustainability and innovation,” said Schneider President and CEO Mark Rourke. “Leading the way in adopting electric vehicle technology not only benefits the environment but also serves as an example of the broad service capabilities and flexibility we can offer to customers.”&nbsp;This latest achievement means Schneider has had an impressive reduction of 20 million pounds of carbon dioxide (CO2) emissions since the company started using BEVs — equivalent to removing over 2,100 gas-powered passenger vehicles from the road for one year.&nbsp;Schneider operates one of the largest BEV fleets in North America, which includes nearly 100 Freightliner eCascadias from manufacturer Daimler Truck North America LLC (DTNA). To power its electric fleet, the company operates a large charging depot at its Southern California Operations Center in South El Monte. The depot features 16 350 kW dual-corded dispensers, allowing the company to charge 32 trucks simultaneously. &nbsp;&nbsp;“Schneider is a great example of the kind of forward-thinking entrepreneurship our industry needs,” said David Carson, Senior Vice President, Sales and Marketing at DTNA. “They’ve achieved over 6 million zero emission miles, which is a reminder for us all to keep working on overcoming challenges together on the path to zero emissions. At DTNA, we're committed to the shift to zero emissions, alongside pioneers like Schneider, who are showing us what's possible.”&nbsp;Schneider’s BEV leadership benefits customers&nbsp;As a responsible company, Schneider has established aggressive sustainability goals and invests in energy-efficient equipment. These efforts also support customers in meeting their own sustainability ambitions, and the BEV fleet has been a key differentiator for customers looking for more efficient transportation solutions. In 2023, Schneider was the first third-party carrier to haul zero emission shipments for PepsiCo globally, traveling more than 31,000 zero emission miles in a few short months.&nbsp;"PepsiCo is proud to celebrate this milestone driven by Schneider in California. As the first partner using their electric fleet, we’ve demonstrated the power of cross-industry collaboration in reducing emissions. Together, we are working towards a cleaner, healthier environment," said David Allen, Vice President and Chief Sustainability Officer, PepsiCo Foods North America.&nbsp;&nbsp;Drivers also feel the benefits of the BEV fleet&nbsp;In addition to customers, Schneider drivers have also embraced the electric trucks because of the excellent on-road experience they create. The feedback has been overwhelmingly positive, with drivers appreciating the smooth ride, reduced engine noise and ease of steering.&nbsp;“Once you drive an electric truck, you won’t want to go back to a diesel truck,” shared longtime Schneider driver Marty Boots. “The ride quality and the quietness make a huge difference in our daily operations.”&nbsp;Contributing to our communities&nbsp;The eCascadias primarily operate in Southern California, where they have significantly reduced emissions and contributed to cleaner air quality while transporting freight. Improving air quality in the Southern California community is important to mitigate the effects of smog and improve public health. Aligned with the goal of improving air quality, Schneider's fleet was made possible through a number of grants from organizations such as California Air Resources Board and the California Energy Commission’s Joint Electric Truck Scaling Initiative (JETSI), with additional support from the South Coast Air Quality Management District (AQMD).&nbsp;&nbsp;Fifty of Schneider’s 92 eCascadias were made possible by the JETSI — a California-wide initiative working to reduce greenhouse gas emissions, strengthen the economy, and improve public health and the environment, particularly in disadvantaged communities. &nbsp;Of the additional 42 trucks, five are jointly funded by the U.S. EPA FY18 Targeted Airshed Grant and Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP), seven are funded by the Volkswagen Environmental Mitigation Trust and 30 trucks are funded by HVIP.   &nbsp;"Achieving six million zero emission miles is more than a milestone — it’s a clear demonstration of how innovation in transportation can lead to cleaner, healthier air for our communities,” said Wayne Nastri, South Coast AQMD’s Executive Officer. “By embracing battery electric vehicles, Schneider is setting a great example for the industry while directly contributing to improved air quality and public health in regions like Southern California.”&nbsp;Commitments beyond BEVsWith a goal to reduce CO2 emissions by 7.5% per mile by 2025 and achieve a 60% reduction in CO2 emissions per mile by 2035, Schneider is paving the way for a more sustainable future in transportation by extending efforts beyond its electric fleet with a broader commitment throughout the industry.&nbsp;As a responsible carrier, Schneider is exploring a variety of solutions to reduce carbon emissions in addition to the BEVs such as renewable natural gas and hydrogen internal combustion engines. Additionally, all of Schneider’s non-BEV tractors currently use a mixture of biodiesel — a renewable alternative derived from organic waste such as vegetable oil and animal fats — and conventional diesel, thereby reducing traditional diesel consumption.  &nbsp;For more information about Schneider’s sustainability initiatives, please visit: <a href="https://schneider.com/company/corporate-responsibility/sustainability" target="_self">https://schneider.com/company/corporate-responsibility/sustainability</a>.&nbsp;

Schneider is first major carrier to achieve six million zero emission miles with the Freightliner eCascadia

Five green Cowan semi trucks with white Cowan trailers parked in a row 

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GREEN BAY, Wis. (November 25, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities (collectively, “Cowan Systems”), for a cash purchase price of approximately $390 million, subject to certain adjustments. The sale includes separate agreements to purchase certain real estate assets relating to Cowan Systems’ business for approximately $31 million in cash.
Based in Baltimore, Md., Cowan Systems is primarily a dedicated contract carrier with a portfolio of complementary services including brokerage, drayage and warehousing. Cowan Systems’ Dedicated customers include leading producers of retail and consumer goods, food and beverage products, industrials, and building materials. The company operates approximately 1,800 trucks and 7,500 trailers across more than forty locations throughout the Eastern and Mid-Atlantic regions of the United States. Cowan Systems’ lightweight equipment enables customers to move more freight per shipment, saving transportation expenses and reducing emissions.
The acquisition will further complement Schneider’s Dedicated organic growth success. Including Cowan Systems, Schneider will operate over 8,400 Dedicated tractors – approximately 70% of Schneider’s Truckload fleet – cementing its place as one of the largest dedicated providers in the transportation industry.
“This acquisition aligns with Schneider’s long-term vision to have customer-centric Dedicated solutions as the cornerstone of its Truckload segment. By complementing our organic Dedicated growth success with transactions like this, we are broadening our presence to provide greater value to our customers and stakeholders,” said Schneider President and CEO Mark Rourke. “We look forward to collaborating with the talented team at Cowan Systems to drive our now shared mission forward.”
Cowan Systems, founded in 1924, has a history of consistent growth. Upon closing, Cowan Systems will operate as a wholly owned subsidiary of Schneider, continuing a successful trajectory with its associates and trusted brand.
“My father started Cowan Systems more than 100 years ago, and with the expertise, passion and dedication of so many amazing employees along the way, it has grown in more ways than he could have ever imagined,” explained Chairman Joe Cowan. “When it was time for me to move to a new chapter in my life, I wanted to be sure the organization was in good hands, at a company with a similar culture and values, and that it would continue to grow. With Schneider I know our legacy will not just be preserved, but it will continue to thrive.”
The acquisition is expected to be accretive to Schneider’s earnings per share within the first year, before consideration of anticipated synergies. The transaction is expected to close in fourth quarter 2024, subject to the satisfaction of certain customary closing conditions, and it will be financed through existing cash on hand as well as borrowings under Schneider’s new $400 million delayed draw term credit facility. Upon closing, Cowan Systems’ financial results will be reported in their corresponding Schneider Truckload and Logistics business segments. This transaction follows earlier acquisitions of Dedicated contract carriers Midwest Logistics Systems and M&amp;M Transport Services, LLC, which are also wholly owned subsidiaries of Schneider.
Scopelitis, Garvin, Light, Hanson &amp; Feary served as Schneider’s legal advisor. Stifel Financial Corp. served as exclusive financial advisor to Cowan Systems, and Scudder Law Firm served as their legal advisor on the transaction. To learn more about the acquisition, go to<a href="https://investors.schneider.com/investors/default.aspx" target="_self"> investors.schneider.com</a>. To learn more about Schneider, go to <a href="https://schneider.com/" target="_self">schneider.com</a>.

Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC

Smartway's Excellence Award, given to Schneider in 2024, for the 13th time

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The company is leading in innovative and responsible transportation&nbsp;

GREEN BAY, Wis. (November 22, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, proudly announces it is a recipient of the 2024 SmartWay Excellence Award from the U.S. Environmental Protection Agency (EPA). This marks the 13th time Schneider has been honored with this prestigious award, highlighting the company’s continuing focus on making a positive impact on the world through its pursuit of responsible solutions for transportation.&nbsp;The Excellence Award is given to the top performing EPA SmartWay Partners, recognizing those who excel in improving freight efficiency and contributing to cleaner air throughout their supply chains. As a recipient, Schneider has demonstrated outstanding environmental performance and leadership in the industry. This recognition highlights one of the many benefits of working with Schneider: customers focused on reducing emissions in their business operations can trust that their own sustainability goals will become easier and faster to achieve.&nbsp;“Our commitment to making a positive impact on the world drives us to pursue responsible, sustainable solutions every day,” said Schneider Executive Vice President and Chief Administrative Officer Rob Reich. “That commitment resulted in our aggressive sustainability goals and investments in energy-efficient equipment and alternative fuels, which not only benefit our business but also help our customers achieve their own sustainability targets.”&nbsp;Schneider has made significant strides towards its sustainability goals. The company began operating one of North America’s largest battery electric vehicle (BEV) fleets at its Southern California Operations Center in South El Monte and established a large-scale BEV charging depot. In just one year, Schneider’s 92 Freightliner eCascadias surpassed 1.5 million zero emission miles, avoiding over five million pounds of CO2 emissions.&nbsp;&nbsp;&nbsp;In one year, Schneider’s Logistics segment significantly improved its SmartWay Performance Rank&nbsp;to 1, joining the ranks of company’s Bulk, Intermodal and Truckload offerings, all of which hold the highest possible ranking of 1, reflecting their excellence as top-tier transportation providers.&nbsp;Schneider’s fuel-efficient solutions and efforts to reduce emissions are making a difference. The company is proudly already 90% of the way to its 2025 goal of reducing CO2 emissions by 7.5% per mile and aims to achieve a 60% reduction in CO2 emissions per mile by 2035.&nbsp;As a responsible carrier, Schneider is exploring a variety of solutions to reduce carbon emissions in addition to the BEVs such as renewable natural gas (RNG) and hydrogen internal combustion engines. For example, shifting to RNG could reduce tailpipe emissions by approximately 30%. Additionally, all of Schneider’s non-BEV tractors currently use a mixture of biodiesel — a renewable alternative derived from organic waste such as vegetable oil and animal fats — and conventional diesel, thereby reducing traditional diesel consumption. &nbsp;Schneider remains committed to being an industry leader in sustainability, to learn more visit:&nbsp;<a href="https://schneider.com/company/corporate-responsibility/sustainability">https://schneider.com/company/corporate-responsibility/sustainability</a>.&nbsp;

Schneider’s streak continues with 13th SmartWay Excellence Award

A group of eight women stands in front of a banner that reads "Women in Trucking" and "Redefining the Road." One of the women is holding the 2024 Women in Trucking award for Top Company for Women to Work for in Transportation.

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The responsible company has once again been recognized by the Women in Trucking Association&nbsp;&nbsp;

GREEN BAY, Wis. (November 14, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, has once again earned top honors for its inclusive culture. For the sixth consecutive year, Schneider has been named a 2024 Top Company for Women to Work in Transportation by Redefining the Road, the official magazine of the Women in Trucking Association (WIT).&nbsp;This prestigious accolade highlights companies that foster a corporate culture that champions women, offer competitive compensation and benefits, and support professional development and career advancement opportunities.&nbsp;Women hold approximately 13 percent of Schneider’s driver roles, which is nearly double the industry average, and 40 percent of leadership positions. This year, the company also saw an increase in the number of women diesel technicians hired in its shops across the U.S.&nbsp;“Being consistently named a Top Company for Women to Work in Transportation is a true testament to our ongoing efforts at Schneider to create a workplace where everyone can excel,” said Schneider Executive Vice President of Human Resources Angela Fish. “Schneider has made a commitment to being a responsible company that fosters an environment where associates feel safe, supported and empowered to share their creativity and ideas. That approach helps all associates to thrive, and I am beyond proud of the strides we have made and continue to make in empowering women across all levels at the company.”&nbsp;&nbsp;What makes this award even more significant is that it is validated by an industry-wide vote involving over 31,000 transportation professionals, including executives, managers, HR/talent specialists and professional drivers. Schneider stands proudly among “The Elite 30,” the top 30 companies that garnered the highest number of votes.&nbsp;Associate Jess Martin, who joined Schneider in 2022 as a driver recruiting specialist and has since transitioned to join the corporate legal team as a paralegal shared, “This is a space where I can say what I think and feel, which is what keeps me here. It’s nice to be in a company&nbsp;where diversity – not just as a woman or as a person of color, but as an individual with a different experience – is welcome.”&nbsp;Schneider is deliberate in fostering a supportive environment for women, offering:&nbsp;<ul><li>Many opportunities for career progression, training and leadership development.&nbsp;</li></ul><ul><li>An industry-leading mixed-gender driver training guideline.&nbsp;</li></ul><ul><li>Scholarships for women studying to be mechanics from the Schneider Foundation.&nbsp;</li></ul>Driver and U.S. Army National Guard service member Mildred Wells-Toney, who had over 20 years of driving experience before joining Schneider, commented, “I applied to Schneider Intermodal in 2017 when I wanted to improve my career prospects. I wasn’t looking for Intermodal, but I love it. Schneider has a good thing going on. I can be home every day, and I believe the safety program is good, too.”&nbsp;&nbsp;Additionally, Schneider’s longest-standing business resource group (BRG) is its Schneider Women’s Network, which intends to attract, develop and retain the best talent and ensure nothing stands in the way of women growing their careers at Schneider. &nbsp;For more information on Schneider’s inclusive workforce, please visit: <a href="https://schneider.com/company/corporate-responsibility">https://schneider.com/company/corporate-responsibility</a>.&nbsp;

Schneider recognized as a Top Company for Women to Work in Transportation for sixth consecutive year

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GREEN BAY, Wis. (November 11, 2024) – Schneider is set to launch a new Intermodal service providing continuous rail service between points in Mexico and Texas and points in the Southeastern United States. Service on the new route will begin in December.&nbsp;The lane is a result of recently announced connection between CSX Corp. (NASDAQ: CSX) and Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC).&nbsp;As strategic customer of both CSX and CPKC, Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, will provide this competitive advantage to shippers, who have traditionally relied on over-the-road transport in the Southeast.&nbsp;This new service will connect growing markets in Mexico and Texas with Florida and Georgia. Unlike truck transportation on this Southeast-Mexico cross-border route, intermodal service with CPKC provides a seamless, efficient border crossing, eliminating potential delays and exposure to freight loss.&nbsp;“This represents a major leap forward in our industry combining the best-in-class service of two renowned railroads, and it will transform the intermodal landscape,” said Schneider Executive Vice President and Group President of Transportation and Logistics Jim Filter. “Our customers can now enjoy unparalleled efficiency and reliability in their supply chains.”&nbsp;Filter added, “It will be especially useful for shippers looking to diversify their transportation solutions and support and fortify nearshoring strategies.”&nbsp;This service is a testament to the dynamic collaboration between CSX, CPKC and Schneider.&nbsp;“By leveraging the strengths of our combined networks, we are able to provide customers with unparalleled efficiency, reliability and security in their supply chains,” said CSX Executive Vice President and Chief Commercial Officer Kevin Boone. “This service strengthens our commitment to delivering sustainable, innovative transportation solutions that support the evolving needs of our customers.”&nbsp;“This new interchange we are establishing with CSX is going to provide new competitive services and solutions to customers like Schneider, reaching additional rapidly growing markets,” said CPKC Executive Vice President and Chief Marketing Officer John Brooks. “By providing more efficient options and routes for Schneider’s current and future customers, we are bringing new capacity to supply chains and taking trucks off the road. Our team is excited to create this truck-competitive service with Schneider and to expand on our shared success.”&nbsp;Service highlights:&nbsp;<ul><li>Industry-leading service: CSX and CPKC are both excellent service providers with long track records of providing solutions with truck-like transits.&nbsp;&nbsp;</li></ul><ul><li>Enhanced security: CPKC maintains unmatched security for cross-border rail shipments. Clearing customs in-transit and avoiding a hand-off at the border eliminates stops in route that can expose freight to theft.&nbsp;</li></ul><ul><li>Reliable transit: Experience consistent, truck-like daily transit between the Southeast and Mexico. CPKC’s proprietary Laredo train bridge crossing has been the only intermodal service unaffected by shutdowns at the U.S.-Mexico border.&nbsp;</li></ul><ul><li>Superior sustainability: Schneider’s intermodal solutions offer a 62% reduction in CO2 emissions compared to Tier 5 truckload transportation.&nbsp;</li></ul><ul><li>Maximized payload: Increase payload and savings by 10% or more with Schneider’s lightweight, company-owned equipment and specialized heavy-haul permits.&nbsp;</li></ul><ul><li>Industry expertise: With a robust presence and over 30 years of experience in Mexico, Schneider is the cross-border expert shippers can trust.&nbsp;</li></ul>This new service is also a major step toward Schneider’s ambitious sustainability goal of doubling its Intermodal size, significantly reducing carbon emissions and promoting greener logistics solutions.&nbsp;To learn more about Schneider Intermodal go to <a href="https://schneider.com/freight-shipping-solutions/intermodal">https://schneider.com/freight-shipping-solutions/intermodal</a>.&nbsp;

Schneider launches new intermodal service between the Southeast U.S. and Mexico

An owner-operator holding a cell phone that displays a load to book on the Schneider FreightPower app

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The company’s digital platform offers new tools and increased load options to enhance owner-operator productivity and revenue opportunities

GREEN BAY, Wis. (October 22, 2024) – Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is enhancing how it conducts business with owner-operators with its game-changing Schneider FreightPower® platform. The newly expanded and updated platform offers owner-operators significantly more access to Schneider’s diverse range of freight options. It also includes easy-to-use functionality and search features designed to provide flexibility and help supercharge the owner-operator's business operations.Schneider FreightPower offers owner-operators the opportunity to generate revenue and strengthen their business through:<ul><li>Increased access to freight: Owner-operators now have access to more of Schneider’s expansive freight offerings, including traditional owner-operator loads and other freight managed by Schneider.</li><li>Enhanced features: Accessible on any device – mobile, desktop or tablet – the platform offers superior functionality and provides detailed load information, favorite searches and reload options for better planning and fewer deadheads.</li><li>High drop and hook rate: Over 95% of the freight opportunities available to owner-operators on the platform are drop and hook shipments, which can help them increase their efficiency and productivity.</li><li>Trip planning: Loads posted will now show road miles, a user-friendly change that can help owner-operators perform more accurate trip-planning.</li></ul>“Collaborating with owner-operators is an important component in the success of our business and the reliable service we can provide customers, which is why the network has grown tremendously in the last 25 years,” said Schneider Senior Vice President and General Manager of Truckload and Mexico John Bozec. "We want to invest in tools that support owner-operators in running and growing their businesses. With Schneider FreightPower, they gain access to better load management, increasing their productivity and revenue potential.”Schneider began testing this new facet of FreightPower with a pilot group of owner-operators already active on the platform. This approach enabled Schneider to collect valuable feedback, ensuring optimal results and functionality. Ultimately, the feedback helped create a user-friendly experience that saves owner-operators time and simplifies their path to success.Schneider FreightPower connects Van Truckload owner-operators doing business with Schneider to easy-to-use technology that helps them efficiently operate their businesses and meet their goals. For more information about FreightPower, please visit: <a href="https://schneiderowneroperators.com/" target="_self">SchneiderOwnerOperators.com.</a>

Schneider FreightPower® platform unleashes unprecedented new opportunities for owner-operators

A row of refrigerated trailers at loading docks at a warehouse

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Schneider’s Refrigerated Transportation Service offers collaborative expertise to customers&nbsp;

GREEN BAY, Wis. (October 8, 2024) – As more consumers pack their grocery carts with fall staples like apples, changing consumer habits around meals and economic pressures are increasing the need for refrigerated shipping. In fact, consumer demand for refrigerated products has continually increased since 2020.According to the National Frozen &amp; Refrigerated Foods Association (NFRA) and its data platform Unify/IRI, refrigeration sales have increased by 32% over the past five years, and nearly 64% of adults say they save money or control their budget by eating at home. This has led to a rise in demand for meal prep services, ready to eat meals and grocery items overall."The maintenance and trend of at-home dining goes beyond simple cost-cutting," said Tricia Greyshock, President and CEO of the National Frozen &amp; Refrigerated Foods Association. "Our research indicates that consumers are finding real value in preparing meals at home, with 61% reporting it allows them to eat healthier. The refrigerated foods industry continues to evolve with innovative products that combine convenience, nutrition and variety – we expect to see further expansion in refrigerated offerings that cater to the evolving wants and needs of home cooks.”As grocers and food providers are looking to increase shipments of refrigerated goods, Schneider National, Inc. (NYSE: SNDR), the premier multimodal provider of transportation, intermodal and logistics services, is one of the largest temperature-controlled carriers in the industry and has robust refrigerated freight capabilities tailored to meet the needs for customers across the industry.Refrigerated shipping requires a well-coordinated, highly trained team and best-in-class equipment to do the job successfully. Timing, execution and on-time service are critical because there are many regulations when it comes to moving consumer-grade fresh foods. For example, the refrigerated trailers – also known as reefers – must maintain product-specific temperature requirements for the duration of the movement. One wrong step in the process could spoil the whole load.Schneider operates specialized trailers and tractors and utilizes high precision tools such as remote and real-time monitoring temperature sensors, status and maintenance data, visibility tracking and reporting metrics – ensuring optimized solutions and visibility every step of the way. The company’s trailer technology and driver processes allow for constant monitoring while in transit to ensure temperatures stay consistent to keep customer products fresh when reaching the final destination.“Refrigerated transport is a unique capability a full-service provider like Schneider is able to offer within our larger Dedicated portfolio, providing custom-based solutions that match what our customers need when they need it,” said Schneider Senior Vice President and General Manager of Truckload and Mexico John Bozec. “We know the most important aspect of refrigerated transport is delivering ‘on time and on temp’ and our team of experts have built longstanding collaborative relationships with customers in the space by ensuring reliability, capacity and consistent best-in-class service.”Schneider continues to grow its refrigerated service offering, particularly in the grocery vertical. For grocer customers, consistent collaboration is key. As part of the Dedicated portfolio, Schneider company drivers and support teams are assigned exclusively to refrigerated customers, providing value through embedded expertise. To further ensure a best-in-class customer experience, Schneider created a Center of Excellence that offers 24/7 support from a highly trained team of refrigerated freight experts.Alongside service, sustainability is also an important consideration for refrigerated customers. Schneider is committed to building a sustainable future, operating one of the most efficient fleets in the country. Many of the efficiencies that the company identifies within route and network planning also translate to lower emissions, and new technologies and processes to cool trailers reduce fuel usage.With more than 30 years of experience moving temperature-controlled freight across North America, customers rely on Schneider to drive efficiency and growth, secure competitive market pricing and offer the latest technologies and processes to protect their loads. The company was most recently recognized as a 2024 Top Food Chain Provider from Food Shippers of America.To learn more about Schneider’s Dedicated business and refrigerated freight solutions, visit: <a href="https://schneider.com/freight-shipping-solutions/dedicated" target="_self">https://schneider.com/freight-shipping-solutions/dedicated</a>.

Americans looking to save money and eat healthier by cooking at home increases demand for refrigerated transportation

<h4>Schneider's latest news and developments</h4>Kara Leiterman Public Relations Manager<a href="mailto: leitermank@schneider.com" target="_self">Email Schneider Public Relations</a>

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