Schneider National to acquire Cowan Systems and its affiliates for $390 million. Deal solidifies Schneider's position in dedicated transportation.

Benzinga

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Schneider Expands Its Fleet: $390 Million Cowan Systems Deal Supercharges Dedicated Services - Schneider National (NYSE:SNDR)

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Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

Transport Topics

Schneider Acquiring Cowan Systems in $390 Million Deal

PRESS RELEASE
Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC November 25, 2024 GREEN BAY, Wis.–(BUSINESS WIRE)– Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities…

The Loadstar

Schneider’s 'dedicated momentum continues' with $421m Cowan Systems buy - The Loadstar

At closing, Cowan Systems will operate as a wholly-owned subsidiary of Schneider.

Commercial Carrier Journal

Schneider acquiring Cowan Systems for $390 million cash

GREEN BAY, Wis.–(BUSINESS WIRE)–Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced today the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated entities (collectively, “Cowan Systems”), for a cash purchase price of approximately $390 million, subject to certain adjustments. The sa…

producebluebook.com

Schneider acquires Cowan Systems LLC - Produce Blue Book

Image: Schneider National.North American transport powerhouse Schneider National announced today the company, through certain wholly owned subsidiaries, has entered into a definitive …  The post Schneider National bolsters truck fleet to over 8,400 units appeared first on Prime Mover Magazine.

Schneider Expands Its Fleet: $390 Million Cowan Systems Deal Supercharges Dedicated Services - Schneider National (NYSE:SNDR)

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