Schneider to go public

by Truck News

GREEN BAY, Wis. – Schneider National has announced it plans to pursue an initial public offering next year.

“The objectives of the planned transaction are to facilitate continuity of controlling ownership of Schneider by the future generations of the Schneider family, while continuing forward with its long-standing, independent, and professional, corporate governance structure,” the company announced.

“This transaction will allow the company to continue its commitment to Wisconsin and the community, and to maintain and further investments in its long-term positioning. The Schneider family and the board of directors believe the planned transaction is in the best interests of Schneider, its associates, customers, and shareholders.”


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