Schneider National Q3 2026: revenue $1.585B, net income up 155%

what happened

TradingView reports, citing a 10-Q filing with the SEC, that Schneider National posted third-quarter 2026 revenue of $1.585 billion, up 9.2% from a year earlier. Net income rose to $49.5 million from $19.4 million, and diluted EPS climbed to $0.28 from $0.11.

Truckload revenue was flat, but higher rates and productivity lifted that segment's operating income by 121%, even as the average truck count fell. Logistics revenue excluding fuel surcharges grew 12%, though operating income dropped to break-even. Intermodal revenue excluding fuel surcharges rose 2% on better revenue per order, despite lower shipment volume.

why it matters

For sector investors, the mix of growth matters: the company raised profit through a smaller equipment fleet, better utilization, cost controls and equipment sales rather than through higher volumes. It shows how carriers can improve operating ratios when freight volumes are not expanding.

market impact

Schneider National and US trucking stocks: higher profit from rates and efficiency supports the shares.

• ▲Schneider National shares pressure up — net income up 155% on higher rates and better efficiency

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