Schneider National Reports 8% Revenue Growth to $1.42 Billion in Q2 2025

Schneider National, Inc. reported a notable increase in financial performance for the second quarter of 2025, with operating revenues reaching $1.42 billion, a rise of approximately 8% from $1.32 billion in the same quarter of 2024. The company's net income also saw a slight increase, totaling $36.0 million compared to $35.3 million a year earlier. For the first half of 2025, Schneider's operating revenues amounted to $2.82 billion, up from $2.64 billion in the prior year, while net income for the period increased to $62.1 million from $53.8 million.

The growth in revenue was primarily driven by the Truckload segment, which experienced a $81.9 million increase in revenues, largely attributed to dedicated volume growth following the acquisition of Cowan Systems. The Logistics segment also contributed with a $20.8 million increase in revenues, although this was partially offset by lower volume in brokerage services. The Intermodal segment reported a $12.0 million increase in revenues due to higher volume. However, the overall revenue growth was tempered by a $10.3 million decline in fuel surcharge revenues, reflecting lower fuel prices.

In terms of operational metrics, Schneider's employee headcount increased significantly due to the Cowan acquisition, which has expanded its dedicated operations. The company reported an increase in salaries, wages, and benefits by $47.0 million, or 13%, compared to the previous year. Additionally, the average number of trucks in the Truckload segment rose to 12,224 from 10,665, indicating a strategic focus on enhancing capacity and service offerings.

Looking ahead, Schneider National remains optimistic about its growth trajectory, bolstered by its recent acquisition and ongoing operational improvements. The company anticipates that cash generated from operations, along with available credit facilities, will be sufficient to meet its liquidity needs in the foreseeable future. However, it also acknowledges potential risks, including economic fluctuations and operational challenges, which could impact future performance. The company plans to continue monitoring market conditions and adjusting its strategies accordingly to optimize returns across its service segments.