Recent Updates — SNDR
On September 10, 2026, Schneider National Leasing, Inc., a wholly-owned subsidiary of Schneider National, entered into a new $350 million revolving credit facility maturing in September 2031. This agreement allows for an additional $350 million increase and includes a $100 million letter of credit sublimit. The company simultaneously terminated its existing $250 million credit facility dated November 4, 2022, which had no outstanding borrowings at the time of termination. Additionally, the subsidiary amended its unsecured term loan agreement to align covenants with the new revolving facility. Schneider National operates in the transportation and logistics industry.
Schneider National, Inc. reported second quarter 2026 financial results with operating revenues increasing 10% to $1.57 billion and diluted earnings per share rising 40% to $0.28 compared to the prior year period. The company raised its full-year 2026 adjusted diluted EPS guidance to a range of $0.90-$1.10, up from the previous forecast of $0.70-$1.00, while maintaining net capital expenditure guidance between $350 million and $400 million. Additionally, the Board declared a quarterly cash dividend of $0.10 per share, payable on October 9, 2026 to shareholders of record as of September 11, 2026. Schneider National operates in the surface transportation and logistics industry.