Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC
Schneider National, Inc. (SNDR)
Last schneider national, inc. earnings: 4/30 09:00 am
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Source: Business Wire
GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities (collectively, “Cowan Systems”), for a cash purchase price of approximately $390 million, subject to certain adjustments. The sale includes separate agreements to purchase certain real estate assets relating to Cowan Systems’ business for approximately $31 million in cash.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122242439/en/(Photo: Business Wire)Based in Baltimore, Md., Cowan Systems is primarily a dedicated contract carrier with a portfolio of complementary services including brokerage, drayage and warehousing. Cowan Systems’ Dedicated customers include leading producers of retail and consume
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