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Schneider National history
Schneider National company history timeline
Donald J. Schneider and the iconic trucking outfit that bears his name, Schneider National, were both born in 1935 on the shores of Lake Michigan.
Schneider Transport was granted its first interstate authority in 1958.
With this valuable business degree in hand, Don returned to Green Bay in 1961 and became an instrumental Schneider manager.
1971: Don Schneider, son of founder, becomes president.
Today’s diesel prices may make truckers recall the issues truckers faced in 1973.
Don succeeded his father as CEO in 1974.
The holding company, Schneider National, Inc., was formed in 1976.
The state of Wisconsin sued Schneider for $3.8 million in licensing fees in 1982, and the case was eventu-ally settled on appeal in Schneider’s favor.
He launched the Schneider National Foundation in 1982 and undertook numerous philanthropic initiatives throughout his life, supporting organizations from his alma mater to the United Way.
In a related development, the Department of Defense allowed for civilian use of its Global Positioning System in 1983.
1988: Schneider makes first big investment in satellite technology.
The company began work on a huge facility in Memphis in 1990, building a driver service center and operations center and enlarging an existing maintenance center.
In 1993 the company formed a subsidiary, Schneider Logistics, to sell its shipping expertise to clients.
Later, Schneider would begin offering logistics services to the greater market with the founding of Schneider Logistics in 1993.
Lofgren joined the company in 1994, as vice-president of engineering and systems for Schneider Logistics.
By 1995, Schneider Logistics had 140 contracts, ranging in size from about $2 million for small companies to $200 million for such large firms as General Motors and auto parts maker PPG Industries.
In June 1999, the company launched a new subsidiary, Schneider Brokerage, which handled a web-based service.
Sales: $3 billion (1999 est.)
In June 2000 Schneider Logistics formed an alliance with an online construction service business, ContractorHub.com.
By the year 2000, Schneider’s logistics subsidiary had grown so rapidly and profitably that the parent decided to spin it off to the public.
A leader in trucking logistics, the holding company canceled plans to spin off Schneider Logistics, Inc. when the IPO market faltered in 2001.
By 2004, Don Schneider had cut back on his hours in his role as chairman, although another family member, his son Paul, served as manager at the Green Bay operating center.
Schneider National topped $3 billion in annual revenue in 2004.
External forces pressed the trucking industry during 2005.
Schneider's net worth peaked in 2008 when he was ranked the 105th wealthiest person in the United States, with an estimated fortune of $3.5 billion.
With trucking a small, increasingly unrelated division by 2013, Qualcomm sold it to a private equity firm that renamed the company Omnitracs.
Schneider began trading on the New York Stock Exchange on April 6, 2017; company management rang the opening bell.
5-time Quest for Quality Award winner, 2020: Dry Freight Truckload, 3PL TMS, Bulk Carrier, Intermodal, Expedited Carrier
Woodward, A.; Peippo, Kathleen "Schneider National, Inc. ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/schneider-national-inc-0
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Schneider National competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Werner Enterprises | 1956 | $3.0B | 12,784 | 157 |
| Celadon Group | 1985 | $1.1B | 5,975 | 5 |
| Old Dominion Freight Line | 1934 | $5.8B | 19,779 | 202 |
| XPO Logistics | 1989 | $8.1B | 44,000 | - |
| Hub Group | 1971 | $3.9B | 2,001 | 213 |
| Ryder System | 1933 | $12.6B | 39,900 | 6,186 |
| UPS | 1907 | $91.1B | 481,000 | 1,355 |
| Yellow | 1924 | $5.2B | 19,000 | 2 |
| Kansas City Southern | 1887 | $3.4B | 6,655 | - |
| LegalShield | 1972 | - | 3,750 | 11 |
Schneider National history FAQs
Zippia gives an in-depth look into the details of Schneider National, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Schneider National. The employee data is based on information from people who have self-reported their past or current employments at Schneider National. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Schneider National. The data presented on this page does not represent the view of Schneider National and its employees or that of Zippia.
Schneider National may also be known as or be related to Schneider National, Schneider National Inc and Schneider National, Inc.