Milwaukee Journal Sentinel quotes TCP regarding “Family May Be Driving Schneider IPO”
Schneider has long been a leader in truckload, the sector of trucking in which carriers haul trailers containing a single shipment of freight between companies, said Steven Dutro, managing partner of Transport Capital Partners, a mergers and acquisitions adviser.
“Extremely well respected across the industry, so they’re well positioned both because of their size and their capabilities and their history,” he said.
And new rules such as those requiring truckers to replace paper log books with electronic recorders — something Schneider has already done — stand to benefit larger firms like the Green Bay carrier, Dutro said.
