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StockNews.com
Business
Aditi Ganguly

FORGOTTEN HISTORY: Does schneider national stock deserve a place in your portfolio - The Untold Story

Schneider National, Inc. (SNDR) in Green Bay, Wisc., is a premier transportation and logistics services provider that operates in North America. It operates through three segments: Truckload; Intermodal; and Logistics. With more than 25,000 containers, SNDR has one of the largest intermodal fleets in North America.

The company has capitalized on the increased demand for freight transportation services amid ongoing global logistics disruption. SNDR achieved record earnings of more than $530 million in its fiscal year 2021 and is on track to generate $1 billion in dedicated revenues. SNDR CEO and President Mark Rourke said, “As we look ahead, we anticipate that the supply and demand conditions experienced in 2021 will extend well into 2022…We expect continued capital allocation toward both organic and inorganic growth opportunities to further differentiate our platform.”

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