Schneider National to buy Cowan [Yahoo! Finance]
Schneider National, Inc. (SNDR)
Last schneider national, inc. earnings: 4/30 09:00 am
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Source: Yahoo! Finance
Schneider National is slated to buy Cowan Systems in Q4, according to a securities filing The Wisconsin-headquartered carrier will acquire essentially all of the Baltimore-based company and affiliated entities for about $390 million, subject to certain adjustments, the company announced Monday “This acquisition will further complement our organic Dedicated growth success, as well as what has been achieved with the additions of Dedicated contract carriers Midwest Logistics Systems and M&M Transport to our enterprise,” President and CEO Mark Rourke said on LinkedIn With the addition, Schneider will operate over 8,400 dedicated tractors, approximately 70% of its TL fleet, according to a news release. The carrier will also approach $2 billion in annual dedicated contract revenues, Rourke wrote. The deal will also involve an additional $31 million for Cowan real estate assets. Cowan Chairman Joe Cowan said it was time for a new chapter, but he wanted to "be sure the organizati
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SNDR
Earnings
- 11/6/24 - Miss
SNDR
Sec Filings
- 12/20/24 - Form 144
- 12/17/24 - Form 4
- 12/6/24 - Form 4
- SNDR's page on the SEC website