Trucking IPO Will Net Schneider Family $230 Million
Members of the Schneider family will get about $230 million from the sale of stock in the Green Bay, Wisconsin, trucking company that bears their name, a document filed March 24 with securities regulators shows.
Schneider Going to Wall Street With Share Price of $18 to $20
Schneider, the largest privately owned for-hire carrier in the United States and Canada, will become a publicly traded company as soon as April 5 with shares trading between $18 and $20, according to Bloomberg News and a company filing with the Securities and Exchange Commission.
Schneider, CSX Transportation Agree on New Rail Contract
Schneider National Inc. has agreed to a new multiyear agreement with CSX Transportation Inc., under which the railroad will continue to serve as one of the truckload and intermodal carrier's primary rail providers.
March 10, 2017Schneider Files Form With SEC to Consider IPO
Schneider National Inc., which ranks No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed an S-1 form with the Securities and Exchange Commission on Dec. 22 that could pave the way for the truckload giant to go public in 2017.
December 22, 2016Family May Be Driving Schneider IPO
Underlying the plans by multibillion-dollar Schneider trucking company to go public are likely the varying desires of different family members to cash in on at least some of their ownership interest.
Privately Owned Schneider Eyes Going Public; IPO Would Be Trucking’s First Since 2010
Schneider, the nation’s largest privately owned motor carrier and a major provider of intermodal transportation and logistics services, has decided to go public.
Judge Signs Off on $28 Million Settlement Between Schneider, Truck Drivers
A $28 million settlement agreement between Schneider and a group of truck drivers who alleged the company did not properly offer them meal and rest breaks was approved this week by a California judge.
October 14, 2016Schneider Plans IPO
Privately held Schneider announced plans to do an initial public offering of its shares next year, becoming the last of the 10 largest North American trucking companies to take that approach to funding operations and expansion.
October 7, 2016Schneider Truck Driver Wins National Award for 51 Years of Safety on the Road
Bob Wyatt, Schneider's most-decorated and longest-tenured driver, won the 2016 International Driver Excellence Award from the Commercial Vehicle Safety Alliance.
Schneider Acquires Watkins & Shepard and Lodeso to Expand Services
Truckload carrier Schneider announced the acquisition of less-than-truckload specialist Watkins & Shepard and final-mile delivery carrier Lodeso to expand the buyer’s service portfolio.
June 2, 2016