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Schneider's Cowan acquisition delivers major Dedicated growth in first year

1. Schneider celebrates one year since acquiring Cowan Systems. 2. The acquisition has improved Schneider's Dedicated operations significantly. 3. Schneider's Dedicated fleet has expanded to nearly 8,600 trucks. 4. Cowan's lightweight equipment enhances efficiency and reduces costs. 5. Schneider aims for long-term success by integrating Cowan's strengths.

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$26.7512/18 09:16 AM EDTEvent Start

$26.9512/18 07:31 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition is enhancing Schneider's operational capacity and efficiency, echoing trends in successful logistics integrations, which historically bolster stock performance post-acquisition.

How important is it?

The strategic acquisition enables Schneider to better compete and innovate, likely boosting future earnings, which is crucial for investor confidence.

Why Long Term?

The benefits from the Cowan acquisition are designed for sustained impact over time, as integration fosters growth and operational improvements, similar to past Schneider acquisitions providing long-term gains.

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Integration of Cowan strengthens Schneider's reliable Dedicated capabilities, creating value for customers nationwide

Schneider National, Inc. (NYSE:SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is marking the one-year anniversary of its acquisition of Cowan Systems, LLC.

Over the past twelve months, Schneider has significantly expanded and strengthened its Dedicated operations — building on Cowan's regional expertise, lightweight equipment and innovative solutions to deliver more capacity and efficiency for shippers nationwide.

The successful addition of Cowan underscores Schneider's proven approach to acquisitions and continues the expansion of its portfolio of brands, which creates long-term value for customers.

"The Cowan acquisition was one more step in Schneider's ongoing strategy to elevate dedicated solutions for shippers," said Schneider Executive Vice President and Group President of Transportation and Logistics Jim Filter. "By connecting Cowan's regional expertise with lightweight equipment to Schneider's nationwide scale and operational capabilities, we're transforming what dedicated solutions provide — greater efficiency, flexibility and value. Our Dedicated growth isn't just about expanding capacity; it's about unlocking new opportunities for our drivers and customers."

Year‑one highlights

  • Expanded Dedicated capacity: Schneider's Dedicated fleet has grown to nearly 8,600 trucks, giving shippers access to more consistent, reliable capacity.
  • Lightweight equipment advantages: Cowan's lightweight equipment enables shippers to move more freight per shipment — potentially helping reduce transportation costs and emissions.
  • Regional strength at national scale: Cowan's strong regional footprint and customer relationships complement Schneider's coast‑to‑coast network and operational excellence.
  • Technology and support: Schneider's 90 years of operating experience and access to advanced tools and broader purchasing power provide added support for Cowan.
  • Aligned culture, smoother integration: Shared focus on safety, reliability and execution has supported a smooth integration and accelerated solution delivery for customers.

"Joining Schneider has been an exciting transition for us. It's opened up tremendous opportunities — not just for our associates, who now have access to more resources and career growth, but also for our customers, who benefit from the added strength and efficiencies Schneider brings to our operations," said Cowan President Steve Wells, reflecting on the anniversary. "Being part of Schneider's portfolio enhances our ability to deliver dedicated solutions and positions us for long-term success."

Schneider and Cowan remain focused on helping shippers meet evolving needs — streamlining processes, improving efficiency and working together closely to achieve business goals.

Visit https://schneider.com/freight-shipping-solutions/dedicated to learn more about how Schneider provides reliable and flexible Dedicated freight solutions to scale with business needs.

About Schneider

Schneider is a premier multi-modal provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider's solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Schneider has been safely delivering superior customer experiences and investing in innovation for 90 years. The company's digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and X: @WeAreSchneider.

Kara Leiterman, Public Relations Manager

M 920-370-7188

media@schneider.com

schneider.com/news

Kara Leiterman, Public Relations Manager

M 920-370-7188

media@schneider.com

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