SCHNEIDER NATIONAL * USA: Plans an IPO
* Wiscosin - Move may herald revival in stock offerings from freight transportation and logistics industry
--- Schneider National Inc., the largest privately held trucking company in the U.S. by revenue, said it plans to go public next year in a sign that a years-long drought in stock offerings from the freight transportation and logistics industry may be ending... Green Bay, Wis.-based Schneider is the seventh-largest trucking company in the U.S. and counted $3.4 billion in trucking revenue in 2015, according to SJ Consulting Group. The company, which operates a fleet of more than 11,000 trucks, has been family owned since it was founded by Al Schneider in 1935, and it has remained in the Schneider family’s hands through decades of growth into a nationwide business...
Green Bay, WIS, USA - The WSJ, by john Page - 10 Oct 2016
Labels: trucking industry news USA