Schneider Reports Revenue and Earnings Growth in Q2
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Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.
The Green Bay, Wis.-based truckload motor carrier posted net income of $36 million, or 20 cents a diluted share, for the three months ending June 30. That compared with $35.3 million, 20 cents, during the same time the previous year. Total revenue increased 8% to $1.42 billion from $1.32 billion.
“We delivered another quarter of earnings growth driven by solid execution, particularly in our truckload and intermodal segments,” CEO Mark Rourke said. “The second quarter saw consistent demand trends with some seasonal patterns emerging, though less pronounced than usual, despite ongoing economic uncertainty.”
The results came in about as expected based on predictions from investment analysts on Wall Street, who were looking for 21 cents per share and quarterly revenue of $1.42 billion, according to Zacks Consensus Estimate.
“The cumulative benefit of the actions we have taken to structurally improve the earnings power of the business, momentum in our strategic growth priorities and execution on our acquisitions helped to deliver quarterly earnings improvement both sequentially and compared to 2024,” Rourke said.
- Truckload segment revenue increased 15% to $622.2 million from $540.3 million during the 2024 period. This was due to an increase in dedicated volume from the acquisition of Cowan Systems but partially offset by lower network volume. Truckload revenue per truck per week increased 1% to $3,964 due to an improved rate per mile. Income from operations increased 31% to $40.1 million from $ 30.7 million.
- Intermodal revenue increased 5% to $265.1 million from $253.1 million. This was largely related to volume growth since revenue per order was about flat year over year. Income from operations increased 10% to $16.1 million from $14.6 million. The report noted that lower purchased transportation costs contributed to the earnings growth in addition to those volume gains.
The operating ratios for the Truckload and Intermodal segments improved. Carriers’ OR provides insight on how well a company is balancing its costs and revenue generation. The lower the ratio, the better a company’s performance.
“In the Truckload segment, we achieved double-digit earnings improvement driven by strong operating leverage as we executed on our productivity initiatives and maintained rate discipline, although rates remain noncompensatory,” Rourke said. “Intermodal saw volume momentum continue in the second quarter as our wins more than offset trade policy impacts, and earnings improvement was further supported by our network optimization and productivity actions.”
- Logistics revenue increased 7% to $339.6 million from $318.8 million last year. This was primarily due to the acquisition of Cowan, though that was partially offset by lower brokerage volume and revenue per order. Income from operations decreased 29% to $7.9 million from $11.2 million. This was driven by lower brokerage volume. The OR of the Logistics segment went up slightly.
Schneider ranks No. 10 on the Transport Topics Top 100 list of the largest for-hire carriers in North America and No. 18 on the TT Top 100 list of the largest logistics companies. It also ranks No. 47 on the TT Top 50 global freight companies list.
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