Financial Data and Key Metrics Changes - In Q4 2025, revenues excluding fuel surcharge were $1.3 billion, up 4% year-over-year [9] - Adjusted income from operations for Q4 was $38 million, a decline of 15% compared to the previous year [9] - Adjusted diluted earnings per share for Q4 was $0.13, down from $0.20 a year ago [9] - The company achieved $40 million in cost savings in 2025 and expects another $40 million in 2026 [11][25] Business Line Data and Key Metrics Changes - Truckload revenue, excluding fuel surcharge, was $610 million in Q4, up 9% year-over-year, with operating income increasing by 16% to $23 million [11] - Intermodal revenues, excluding fuel surcharge, totaled $268 million for Q4, reflecting a 3% decline year-over-year despite a 3% volume growth [13] - Logistics revenue, excluding fuel surcharge, was $329 million in Q4, up 2% year-over-year, but income from operations decreased to $3 million from $9 million last year [14] Market Data and Key Metrics Changes - The company noted a significant drop in demand in November and December, leading to a volume shortfall [10] - The Midwest experienced poor weather conditions that impacted operations and volumes [10] - The company observed a tightening of market conditions in December, with increased demand as shippers sought additional capacity [10][19] Company Strategy and Development Direction - The company is focusing on structural improvements and cost savings to enhance operating leverage [7][8] - There is a strategic shift towards dedicated offerings, which now comprise nearly 70% of the fleet, to increase resilience [7] - The company plans to leverage its multimodal offerings and optimize volumes based on market conditions [24] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that Q4 results fell short of expectations due to challenging market conditions and poor weather [5] - The company anticipates continued supply attrition due to regulatory actions, which may take quarters to fully materialize [20] - There is cautious optimism regarding demand recovery, with potential catalysts such as capital investments and interest rate cuts [78] Other Important Information - The company has a strong balance sheet with $403 million in debt and $202 million in cash as of December 31, 2025 [15] - A new stock repurchase program was authorized for $150 million over the next three years [16] - Leadership changes were announced, with Mark Rourke transitioning to Executive Chairman and Jim Filter becoming the new CEO [27] Q&A Session Summary Question: Insights on 2026 guidance and supply-side assumptions - Management indicated that supply is expected to continue exiting the market due to regulatory enforcement, impacting pricing and demand [35][36] Question: Explanation for Dedicated revenue per truck per week decline - The decline was attributed to unplanned automotive shutdowns and startup costs impacting operating ratios [41][42] Question: Comments on CapEx increase for 2026 - The increase in CapEx is primarily for replacement purposes, focusing on maintaining fleet efficiency rather than growth [53][54] Question: Thoughts on demand and inventory levels - Management noted that inventory levels were drawn down significantly, with some restocking activity observed in late December [75][79] Question: Potential for rate improvement without demand increase - Management expressed optimism about supply-side improvements leading to rate increases, even in the absence of demand growth [82]

Financial Data and Key Metrics Changes - In Q4 2025, revenues, excluding fuel surcharge, were $1.3 billion, up 4% year-over-year [9] - Adjusted income from operations for Q4 was $38 million, a decline of 15% compared to the previous year [9] - Adjusted diluted earnings per share for Q4 was $0.13, down from $0.20 a year ago [9] - Net debt leverage improved to 0.3 times at the end of Q4, down from 0.5 times at the end of Q3 [17] Business Line Data and Key Metrics Changes - Truckload revenue, excluding fuel surcharge, was $610 million in Q4, up 9% year-over-year, with operating income increasing by 16% to $23 million [11] - Intermodal revenues, excluding fuel surcharge, totaled $268 million for Q4, reflecting a 3% decline year-over-year despite a 3% volume growth [13] - Logistics revenue, excluding fuel surcharge, was $329 million in Q4, up 2% from the previous year, but income from operations decreased to $3 million from $9 million [15] Market Data and Key Metrics Changes - The company experienced a sluggish demand environment in November and December, leading to a significant volume shortfall [10] - The intermodal segment saw strong growth in Mexico, which increased over 50% year-over-year [13] - The company noted that the automotive production shutdowns negatively impacted dedicated and intermodal business [44] Company Strategy and Development Direction - The company aims to continue executing strategic initiatives to drive structural improvements, focusing on cost savings and operational efficiency [7][26] - There is a strong emphasis on growing the dedicated offering, which now comprises nearly 70% of the fleet, to enhance resilience [6] - The company plans to optimize volumes between network and logistics offerings based on market conditions, with a focus on maintaining profitability [26] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that Q4 results fell short of expectations due to challenging market conditions and poor weather [5] - The company anticipates a normalization of market conditions driven by regulatory actions affecting capacity [21] - There is cautious optimism regarding demand recovery, with potential catalysts including capital investments and interest rate cuts [79] Other Important Information - The company achieved $40 million in cost savings in 2025 and expects to deliver another $40 million in 2026 [27] - A new stock repurchase program was authorized, allowing for the acquisition of $150 million of outstanding common stock over the next three years [17] Q&A Session Summary Question: What are the supply-side assumptions underpinning the guidance? - Management expects supply to continue exiting the market due to regulatory enforcement, impacting capacity [38] Question: What caused the decline in Dedicated revenue per truck per week? - The decline was attributed to unplanned automotive shutdowns and startup costs impacting operating ratios [43][44] Question: How much of the $40 million cost savings is volume/revenue dependent? - The cost savings are primarily productivity-based, with structural savings expected to offset inflationary pressures [47] Question: What are the implications of the merger application and domestic intermodal commentary? - Management remains confident in their intermodal position and continues to grow in differentiated areas despite market conditions [52][54] Question: How does the company view the potential for rate improvement without demand recovery? - Management believes that supply-side improvements could lead to mid-single-digit rate increases, but demand recovery is crucial for sustained growth [84][88]

Investor Presentation FOURTH QUARTER 2025 Disclaimer and Forward-Looking Statements Special Note Regarding Forward-Looking Statements This presentation and certain information that management may discuss in connection with this presentation, may include "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"), which express management's current views, expectations, beliefs, plans or forecasts with respect to a variety of matters or future events which are ...

Schneider National, Inc. Announces Fourth Quarter 2025 Results Enterprise income from operations for the fourth quarter of 2025 was $36.5 million, a decrease of $5.9 million, or 14%, compared to the same quarter in 2024. Diluted earnings per share were $0.13 and $0.18 in the fourth quarter of 2025 and 2024, respectively. Adjusted diluted earnings per share were $0.13 and $0.20 in the fourth quarter of 2025 and 2024, respectively. Cash Flow and Capitalization Green Bay, Wis. - January 29, 2026 – Schneider Na ...

Trucking industry stalwart Schneider (NYSE: SNDR) revealed a strategic leadership shift on Wednesday, January 28, 2026, as part of its ongoing succession planning. Current President and CEO Mark Rourke will transition to Executive Chairman of the Board of Directors effective July 1, 2026, paving the way for Jim Filter, the company’s Executive Vice President and Group President of Transportation and Logistics, to assume the top executive role. Rourke, who has helmed the company since 2019, has been credit ...

GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, today announced a planned leadership transition designed to ensure continuity and position the company for its next phase of growth. Mark Rourke, who has served as Schneider's President and Chief Executive Officer since 2019, will assume the role of Executive Chairman of the Board of Directors effective July 1, 2026. In this new capacity, R. ...

Core Viewpoint - Schneider National (SNDR) is expected to report a year-over-year increase in earnings and revenues for the quarter ended December 2025, with earnings per share (EPS) estimated at $0.21, reflecting a 5% increase, and revenues projected at $1.45 billion, up 8.6% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is anticipated to be released on January 29, and the stock price may rise if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 0.32% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Schneider National is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4.11%, suggesting a bearish outlook from analysts [12]. - The company currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Schneider National was expected to post earnings of $0.21 per share but only achieved $0.12, resulting in a surprise of -42.86% [13]. - Over the past four quarters, Schneider National has only beaten consensus EPS estimates once [14]. Comparison with Industry Peers - C.H. Robinson Worldwide (CHRW), another player in the Zacks Transportation - Services industry, is expected to report earnings of $1.12 per share, indicating a year-over-year decline of 7.4%, with revenues projected at $3.96 billion, down 5.4% [18][19]. - C.H. Robinson has a higher Most Accurate Estimate leading to an Earnings ESP of +0.33% and a Zacks Rank of 3, suggesting a likely earnings beat [19][20].

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