- Schneider National Inc SNDR has acquired Wisconsin-based carrier deBoer Transportation. Deal terms were not disclosed.
- deBoer Transportation is a regional carrier headquartered in Blenker, Wisconsin. Schneider will assume ownership of ~160 tractors and 660 trailers as part of the acquisition.
- deBoer's facility in Blenker, Wisconsin, and maintenance shop near Dallas, Texas, are not included in the sale.
- Schneider will quickly integrate deBoer into its existing businesses, with drivers and equipment deployed to support growth opportunities in Dedicated and Power Only operations.
- Schneider held cash and equivalents of $272.6 million as of March 31, 2022.
- Price Action: SNDR shares are trading lower by 2.00% at $24.52 on the last check Tuesday.
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