
Schneider National Inc. has filed paperwork with the Securities and Exchange Commission in preparation for going public with an initial public stock offering of up to $100 million.
Schneider National Inc. has filed paperwork with the Securities and Exchange Commission in preparation for going public with an initial public stock offering of up to $100 million.


Schneider National Inc. has filed paperwork with the Securities and Exchange Commission in preparation for going public with an initial public stock offering of up to $100 million.
The Wisconsin-based fleet, one of the largest carriers in the U.S. with some 11,000 trucks, intends to use the proceeds for general corporate purposes, including paying off debt, capital expenditures and potential acquisitions.
The number of shares to be offered and the price range have not yet been determined. Schneider said it intends to apply to list its Class B common stock on the New York Stock Exchange under the symbol SNDR.
Founded in 1935, the family-owned company posted revenues of $3.96 billion in 2015 and generated net profits of $140.9 million, according to the Financial Times. The SEC filing indicates that Schneider generated $109.1 million in profits during the first nine months of 2016, up 17% from the same period a year earlier. Revenue during the same period was $2.98 billion, up 1.5% from a year earlier.
Schneider announced in October that it was planning to pursue an IPO in 2017, subject to satisfactory market conditions.
According to a company statement at that time, “the objectives of the planned transaction are to facilitate continuity of controlling ownership of Schneider by the future generations of the Schneider family, while continuing forward with its long-standing, independent, and professional, corporate governance structure.”

There's an amazing amount of new technology for trucking out there. For fleets, the challenge is figuring out what’s real, what’s hype, and what’s worth investing in.
Read More →
Artificial intelligence, the software-defined vehicle, telematics, autonomous trucks, electric trucks and alternative fuels, and more in this HDT Talks Trucking interview
Read More →
ACT Research data shows volumes hitting a four-year high and supply-demand balance strengthening, but higher oil prices are undercutting tariff relief and tempering optimism.
Read More →
The patent-pending cargo solution integrates a digitally connected cargo door and an intelligent locking system with the TrailerHawk.AI technology platform.
Read More →
The impact of the Iran conflict extends beyond fuel costs, bringing more fraud and cybersecurity risks to the trucking industry.
Read More →
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
Read More →
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
Read More →
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
Read More →
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
Read More →