Recap: Schneider National Q3 Earnings
Schneider National (NYSE:SNDR) reported its Q3 earnings results on Thursday, October 28, 2021 at 09:00 AM.
Here's what investors need to know about the announcement.
Echo Had Another Serious Suitor Before Accepting Jordan’s Bid, Filing Says
By Tuesday night, it had become a matter of public record that a serious suitor for Echo Global Logistics Inc. had emerged before the Chicago-based freight broker accepted in early September a $48.25-per-share all-cash buyout from private equity firm The Jordan Co., topping the unnamed suitor's $47-a-share cash bid.
The question is who?
See Why Cowen Raised Price Targets On These Trucking Industry Companies?
Cowen & Co. analyst Jason Seidl updated ratings and price targets for few trucking industry companies.
Seidl states the consensus view appears to be underestimating the trucking industry's pricing power in 2022 and sees pricing to be up by a mid-single digits percentage.
Up 5% May Not Be Enough For Truckload Rates In 2022
The plus-5% placeholder suggested as the starting point for contractual truckload negotiations in 2022 may prove too light according to trucking executives.
Cowen & Co. Upgrades Schneider National to Outperform, Raises Price Target to $32
Cowen & Co. analyst Jason Seidl upgrades Schneider National (NYSE:SNDR) from Market Perform to Outperform and raises the price target from $30 to $32.
Schneider To Add 50 Class 8 Battery-Electric Trucks To Southern California Intermodal Operations
Schneider National Inc (NYSE:SNDR) launched battery-electric truck (BEV) deployment as part of its plan to reduce greenhouse emissions. In 2022, Schneider…
ACT Expo: California Subsidies Make Battery-Electric Trucks A Sweet Fleet Deal
LONG BEACH, Calif. — Schneider National Inc. liked its experience with one Freightliner eCascadia so much that it has ordered 50 of the battery-electric trucks, the biggest single purchase of the zero-tailpipe-emission tractors to date.
The Green Bay, Wisconsin-based for-hire carrier is getting a sweet deal.
Two Divisions Of Covenant Settle In Big Case By Drivers Alleging ‘No-Hire’ Conspiracy
Four companies now have settled a class-action lawsuit brought by a group of drivers who alleged uncompetitive behavior by eight companies in their recruiting activities.