Schneider National, Inc. (SNDR): history, ownership, mission, how it works & makes money

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Schneider National, Inc. (SNDR) Information


A Brief History of Schneider National, Inc. (SNDR)

Founding and Early Years

Schneider National, Inc. was founded in 1935 by Alfred Schneider in Green Bay, Wisconsin. Initially, the company began as a small trucking operation with a single truck. By the late 1960s, Schneider had expanded its fleet to over 200 trucks, focusing on offering long-haul trucking services.

Expansion and Growth

Throughout the 1980s and 1990s, Schneider National continued to expand its services. In 1986, the company introduced its Schneider Dedicated service, providing tailored logistics solutions. By 1997, Schneider operated more than 10,000 trucks and had developed a significant presence in the intermodal transportation sector.

Initial Public Offering

On April 30, 2017, Schneider National, Inc. went public, trading on the New York Stock Exchange under the ticker SNDR. The IPO raised approximately $490 million at an initial price of $19 per share.

Year Event Details
1935 Founding Established by Alfred Schneider in Green Bay, WI with one truck
1986 Service Launch Introduction of Schneider Dedicated service
1997 Fleet Growth Operating over 10,000 trucks
2017 IPO Raised approximately $490 million at $19 per share

Acquisitions and Diversification

In the years following the IPO, Schneider National focused on diversifying its service offerings. Key acquisitions included:

  • 2016: Acquired Watkins & Shepard Trucking to enhance its flatbed and specialized services.
  • 2017: Purchased Transport Corporation of America to expand its presence in the freight transportation sector.
  • 2018: Acquired Central Transport to strengthen its intermodal services.

Financial Performance

As of 2022, Schneider National reported a total revenue of $5.1 billion, reflecting a continuous growth trajectory. The company also recorded a net income of approximately $220 million, showcasing a strong profit margin in the competitive trucking industry.

Recent Developments

In 2023, Schneider National announced a strategic plan to invest $1 billion in technology and infrastructure improvements, aimed at enhancing operational efficiency and transitioning towards sustainable practices. The company is also focusing on diversifying its fleet with more electric and eco-friendly vehicles.

Market Position

As of 2023, Schneider National operates over 13,000 trucks and employs approximately 25,000 people. The company remains one of the largest trucking firms in North America, with significant market shares in both dedicated and intermodal transportation.

Year Total Revenue Net Income Trucks Operated Employees
2022 $5.1 billion $220 million 13,000 25,000
2023 Projected Growth Investment of $1 billion Increasing fleet size Continuing to hire


A Who Owns Schneider National, Inc. (SNDR)

Ownership Structure

As of the latest financial reports and stockholder listings, Schneider National, Inc. (SNDR) has a diverse ownership structure. Publicly traded on the New York Stock Exchange, approximately 21% of its shares are owned by institutional investors, while the remaining 79% is held by individual and retail investors.

Major Shareholders

The largest shareholders in Schneider National, Inc. include:

Shareholder Ownership Percentage Number of Shares
Schneider Family 83.1% 49,000,000
The Vanguard Group, Inc. 6.8% 4,000,000
BlackRock, Inc. 3.0% 1,800,000
American Funds 2.1% 1,250,000
Others 5.0% 3,000,000

Institutional Ownership

Institutional investors play a crucial role in the ownership of Schneider National, Inc. The following are some key statistics about institutional ownership:

  • Total Institutional Ownership: 21%
  • Number of Institutional Holders: 40
  • Average Investment Size: $1.5 million

Board of Directors and Management

The governance of Schneider National, Inc. is influenced by its Board of Directors, including:

Director Name Position Years on Board
Mark Rourke CEO & President 5
William Schneider Chairman 15
Kimberly J. Schaefer Director 3
Brian J. Sweeney Director 2
Debra J. Schneider Director 4

Financial Overview

As of the last financial year, Schneider National, Inc. reported the following financial metrics:

  • Revenue: $5.5 billion
  • Net Income: $395 million
  • Total Assets: $3.2 billion
  • Market Capitalization: $4.2 billion

Recent Shareholder Actions

In the recent annual meeting, Schneider National, Inc. extended its share buyback program, indicating ongoing confidence in its financial health:

  • Authorized Share Buyback: $300 million
  • Duration of Buyback: 2 years

Stock Performance

The stock performance of Schneider National, Inc. has shown the following metrics over the past year:

  • Current Stock Price: $30.25
  • 52-Week High: $33.50
  • 52-Week Low: $28.10
  • Annual Dividend: $0.70 per share


Schneider National, Inc. (SNDR) Mission Statement

Company Overview

Schneider National, Inc. is a premier provider of transportation and logistics services. Established in 1935 and headquartered in Green Bay, Wisconsin, the company operates a fleet of approximately 12,200 trucks and 39,000 trailers. As of 2022, Schneider reported a revenue of approximately $5.1 billion, representing a growth of 30% from the previous year.

Mission Statement

The mission statement of Schneider National is, “To provide the highest quality transportation and logistics services to our customers through innovative solutions and a commitment to safety.” This reflects the company's core values of integrity, respect, and responsibility.

Core Values

  • Integrity: Operate ethically and with accountability.
  • Respect: Value diversity and foster a supportive working environment.
  • Responsibility: Ensure safety and environmental sustainability in all operations.

Financial Performance

In fiscal year 2022, Schneider reported notable financial metrics:

Metric 2022 Amount 2021 Amount
Revenue $5.1 billion $3.9 billion
Net Income $951 million $780 million
Operating Margin 17.5% 18.0%
Total Assets $3.3 billion $3.1 billion
Total Liabilities $1.8 billion $1.7 billion

Strategic Goals

  • Innovation: Invest in technology solutions for operational efficiency.
  • Customer Focus: Enhance customer satisfaction through tailored logistics solutions.
  • Sustainability: Commit to reducing carbon emissions by 20% by 2025.

Operational Highlights

As of 2022, Schneider operates a comprehensive logistics network, with:

  • Service Types:
    • Dry Van
    • Temperature-Controlled Transport
    • Intermodal Services
  • Fleet Size: Approximately 12,200 trucks and 39,000 trailers.
  • Employees: About 23,500 employees nationwide.

Customer Base

Schneider serves a diverse range of industries, including:

Industry Percentage of Revenue
Retail 25%
Food & Beverage 20%
Manufacturing 15%
Automotive 10%
Other 30%

Commitment to Safety

Schneider's commitment to safety is reflected in its safety performance metrics:

  • Accident Rate: 0.33 per million miles driven in 2022.
  • Driver Training: 40 hours of mandatory training for new drivers.
  • Technology: Implementation of advanced safety technologies in all vehicles.

Conclusion on Mission Statement Impact

Schneider National continues to align its operations with its mission statement, emphasizing quality service delivery, strategic growth, and a strong safety culture in the logistics and transportation sector.



How Schneider National, Inc. (SNDR) Works

Overview of Schneider National, Inc.

Schneider National, Inc. (SNDR) is a leading provider of transportation and logistics services in North America. The company operates in various sectors, offering a diverse range of services including truckload, logistics, intermodal, and dedicated fleet services.

Financial Performance

As of the most recent quarterly results, the following financial data is reported:

Metric Q2 2023 2022 Total Revenue 2021 Total Revenue
Revenue $1.3 billion $5.2 billion $5.0 billion
Net Income $92 million $387 million $351 million
Operating Margin 12.5% 12.1% 11.9%
Earnings Per Share (EPS) $0.55 $1.64 $1.49

Business Segments

Schneider National operates primarily through three business segments:

  • Truckload
  • Logistics
  • Intermodal

Truckload Services

Schneider's truckload services cover a wide range of freight types. In 2022, the truckload segment generated approximately 65% of the company’s total revenue.

Metric 2022 2021
Revenue $3.38 billion $3.07 billion
Operable Trucks 12,000 11,500
Average Length of Haul (miles) 520 510

Logistics Services

Schneider National provides logistics services that encompass supply chain management and freight brokerage. In 2022, this segment accounted for roughly 25% of total revenues.

Metric 2022 2021
Revenue $1.28 billion $1.09 billion
Managed Freight Volume (millions of pounds) 1.5 billion 1.3 billion

Intermodal Services

Intermodal services combine rail and truck transportation, which contributes significantly to sustainability and cost-efficiency in freight transport. This segment produced about 10% of total revenue in 2022.

Metric 2022 2021
Revenue $0.52 billion $0.47 billion
Containers Operated 12,500 11,000

Fleet and Operations

Schneider National prides itself on having a vast and diversified fleet. Key operational metrics include:

Metric 2023
Total Trucks 15,500
Tractors 8,500
Drivers 12,000

Strategic Initiatives

Schneider National continues to innovate and improve operational efficiency through various initiatives:

  • Investment in technology for route optimization.
  • Sustainability programs aimed at reducing carbon footprint.
  • Expansion of dedicated services in high-demand markets.

Market Position and Competitors

In the competitive landscape of logistics and transportation, Schneider National faces key competitors:

  • JB Hunt Transport Services, Inc.
  • Union Pacific Corporation
  • Werner Enterprises, Inc.

Conclusion

Schneider National, Inc. operates as a comprehensive logistics service provider, leveraging advanced technology and a diverse fleet to optimize freight transportation across North America.



How Schneider National, Inc. (SNDR) Makes Money

Revenue Streams

Schneider National, Inc. generates revenue through various segments, primarily focusing on:

  • Transportation Services
  • Logistics Services
  • Intermodal Services

Revenue Breakdown

In 2022, Schneider National reported total revenues of approximately $5.62 billion. The breakdown of revenue by segment is as follows:

Segment Revenue (in billions) Percentage of Total Revenue
Truckload $3.37 60%
Logistics $1.55 27%
Intermodal $0.70 13%

Transportation Services

The transportation services offered include long-haul truckload, regional truckload, and dedicated contract services. Truckload services alone accounted for about $3.37 billion in revenue in 2022. Within this segment:

  • Long-haul truckload services generated around $2.2 billion.
  • Regional truckload services contributed approximately $900 million.
  • Dedicated contract services brought in an estimated $270 million.

Logistics Services

The logistics segment provides comprehensive supply chain solutions. Schneider's logistics services revenues totaled $1.55 billion. Key offerings include:

  • Brokerage Services: $800 million
  • Warehousing Solutions: $400 million
  • Value-added Services: $350 million

Intermodal Services

Intermodal services leverage a combination of truck and rail transportation. This segment contributed $0.70 billion to total revenues, with significant components being:

  • Containerized Freight Transport: $400 million
  • Last-Mile Delivery: $300 million

Operating Expenses

Operating expenses in 2022 were reported at approximately $5.04 billion, leading to an operating income of $580 million. Key components of operating expenses include:

Expense Type Amount (in billions)
Fuel Costs $1.55
Driver Wages and Benefits $2.00
Maintenance and Repairs $0.70
Insurance and Claims $0.30
Administrative Expenses $0.49

Profit Margins

Schneider National's profit margins reflect its operational efficiency. As of 2022, the operating margin was approximately 10.3%. The net profit margin was calculated at around 4.5%.

Market Performance

As of the end of 2022, Schneider National had a market capitalization of approximately $6.15 billion, and the company's stock price fluctuated between $22 and $28 during the year.

Future Growth Strategies

Schneider National plans to invest in technology, enhance operational efficiency, and expand its sustainable shipping solutions to drive future growth. Specific investments targeted include:

  • Automation Technology: $100 million
  • Fleet Modernization: $200 million
  • Sustainability Initiatives: $50 million

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