Schneider National Inc (NYSE: SNDR) is a North American freight transportation and logistics company that moves goods for shippers via truckload, intermodal, and logistics brokerage services. Revenue is transactional, generated by charging shippers per load or per mile for freight moved across its trucking network and third-party rail and carrier partnerships. The company operates three reporting segments, Truckload, Intermodal, and Logistics, competing in a fragmented market against carriers and third-party logistics providers across the United States and Canada. Schneider's Class B common stock trades on a national exchange, while its Class A common stock is convertible into Class B shares on a one-for-one basis but is not listed on a national exchange. The 10-K covers the fiscal year ended December 31, 2025, filed February 20, 2026. The filing references outsourced logistics services, supply chain management, warehousing, and order fulfillment as part of its broader service offering, consistent with its 3PL capabilities.

Revenue model

Transactional freight revenue charged per load or per mile across Truckload, Intermodal, and Logistics segments. Logistics segment revenue is generated through brokerage arrangements connecting shippers with third-party carriers.

Products and services

Truckload freight services, intermodal freight services (rail and truck combination), third-party logistics brokerage, warehousing, inventory management, distribution, and order fulfillment services.

Customers and end markets

Shippers requiring freight transportation and supply chain management services across North America. End markets include retail, manufacturing, and consumer goods sectors, consistent with typical truckload and intermodal demand drivers, though specific customer concentration data is not supported by the provided filing excerpts.

Value-chain role

Asset-based and asset-light freight carrier and third-party logistics provider sitting between shippers and end destinations, with intermodal operations dependent on rail network partnerships.

Geographic exposure

Primarily United States and Canada, based on filing context. No specific revenue breakdown by geography is supported by the provided excerpts.

Source: SEC 10-K, filed 2026-02-20

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