The economy has put a kink in Schneider's plans to spin off its logistics business as a separate public company.

A year ago, Schneider announced plans to spin off its logistics business as a separate company and to seek outside capital for Schneider Logistics.
However, the Milwaukee Journal Sentinel reports those plans are on hold for now. Analysts told the paper that the market for initial public stock offerings (IPOs) in general is "dead in the water."
Schneider officials told the paper they still intend to pursue an IPO "upon improvement of market conditions."
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