Schneider National (SNDR) PT Raised to $28 at Morgan Stanley

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Schneider National, Inc. (SNDR) Misses Q3 EPS by 2c; Guides In-Line

November 7, 2017 7:05 AM EST

Schneider National, Inc. (NYSE: SNDR) reported Q3 EPS of $0.23, $0.02 worse than the analyst estimate of $0.25. Revenue for the quarter rose 5% to $1.1 billion versus the consensus estimate of $1.1 billion.

GUIDANCE:

Schneider National, Inc. sees FY2017 EPS of $0.92-$0.97, versus the consensus of... More

U.S. truck firms accelerate into the merging lane

November 6, 2017 7:09 AM EST

By Eric M. Johnson and Nick Carey

The consolidation of the U.S. trucking industry is picking up speed, with big trucking companies and private equity funds scooping up smaller firms as a U.S. regulatory mandate is set to go into effect and as drivers push for higher wages.

There have been 44 publicly announced freight movement and logistics deals within the U.S. so far this year, according to Thomson Reuters data, already topping the 38 deals announced in 2016. And the total is likely much higher because most deals are private, said Todd McMahon, managing director at... More