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Schneider National, Inc. Reports Strong Fourth Quarter Results

| February 4, 2019

Schneider National, Inc., a leading transportation and logistics services company,  announced results for the fourth quarter and year ended December 31, 2018. 

Highlights included:

  • Operating revenues of $1.3 billion, an increase of 11% compared to fourth quarter 2017
  • Income from operations of $118.6 million, an increase of 27% compared to fourth quarter 2017
  • Diluted earnings per share of $0.48, compared to fourth quarter 2017 of $1.60
  • Adjusted diluted earnings per share of $0.49, compared to fourth quarter 2017 of $0.33
  • Full year 2019 diluted earnings per share guidance of $1.65 to $1.75

“Exceptional performance by each segment of our portfolio of services delivered record fourth quarter and full-year operating earnings,” noted Chris Lofgren, Chief Executive Officer of Schneider. 

“Our focus on sustainable contract pricing in our Truckload segment, reallocation of capital expenditures to our Intermodal segment, and leverage of new Quest revenue management capabilities in our Logistics segment produced revenue growth and strong operating results. Our continued investment in, and rapid introduction of, new capabilities in our Quest technology platform have made the organization even more nimble to any changes in market dynamics.”

Lofgren continued, “Entering 2019, I am encouraged by our momentum, the scale and margin performance of each business segment, our position in the marketplace, and the opportunities we see ahead.”

Category: Featured, General Update, News

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