Schneider National
Company type | Public |
---|---|
| |
Industry | Motor transportation Trucking Logistics |
Founded | 1935 |
Founder | Al Schneider |
Headquarters | Green Bay, Wisconsin, United States |
Area served | North America China Central America |
Key people | |
Products | Truckload shipping |
Number of employees | 19,600[1] (2017) |
Website | schneider |
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]
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]
On April 21, 2023, Schneider signed its shipping contract with the seven-day-old Canadian Pacific Kansas City.[8]
Schneider acquired M&M Transport Services in August of 2023. M&M is based out of Bridgewater, Massachusetts. [9][10]
In September 2023, Darrell Campbell was announced as the Executive Vice President and Chief Financial Officer. [11]
As of October 2023, Schneider operates one of the largest EV truck fleets in the United States; 100 Freightliner eCascadias by the end of 2023.[12][13] The company received the Deloitte Wisconsin 75 sustainability award for reducing carbon emissions.[12]
Market
[edit]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, Canada and China. Schneider's customers include more than two-thirds of the FORTUNE 500 companies.[citation needed]
See also
[edit]References
[edit]- ^ a b "Schneider National". Fortune. Archived from the original on January 19, 2019. Retrieved January 18, 2019.
- ^ "Schneider National, Inc.: Private Company Information - Bloomberg". investing.businessweek.com. Archived from the original on April 27, 2009. Retrieved January 11, 2018.
- ^ "Schneider National on the Forbes America's Best Employers List". Forbes. Retrieved January 11, 2018.
- ^ "The Story of Schneider - Leap of Faith Book". Schneider, Inc. Retrieved January 11, 2018.
- ^ "Schneider built Green Bay trucking company into industry leader". Retrieved January 11, 2018.
- ^ "Schneider National celebrates 75th anniversary". www.ccjdigital.com. June 15, 2010. Retrieved January 11, 2018.
- ^ a b "Schneider National goes public, rings NYSE opening bell". WLUK. April 6, 2017.
- ^ May, Tiana (April 24, 2023). "CPKC and Schneider Sign Intermodal Transport Agreement". Railway-News. Retrieved February 6, 2024.
- ^ "Schneider expands with purchase of New England based Dedicated carrier". www.businesswire.com. August 1, 2023. Retrieved October 12, 2023.
- ^ "Schneider National acquires dedicated carrier M&M Transport". Commercial Carrier Journal. August 1, 2023. Retrieved October 12, 2023.
- ^ "Schneider National, Inc. names Darrell Campbell Executive Vice President and CFO". Yahoo Finance. September 6, 2023. Retrieved October 12, 2023.
- ^ 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.
- ^ "Schneider opens large-scale zero emission electric charging depot in Southern California". www.businesswire.com. June 7, 2023. Retrieved February 6, 2024.