Schneider to Benefit From Cowan Systems Acquisition

Schneider to Benefit From Cowan Systems Acquisition: Here's How
The buyout of Cowan Systems is likely to enhance SNDR's earnings and boost its position as one of the largest dedicated providers in the transportation industry.
Schneider Acquiring Cowan Systems in $390 Million Deal
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.
Schneider's Cowan Acquisition Boosts Dedicated Business
Schneider National is continuing to grow its dedicated business with the acquisition of Cowan Systems. Schneider, through certain wholly owned subsidiaries, has reached a deal to acquire Cowan Systems LLC and affiliated entities for a cash purchase price of approximately $390 million.
Schneider acquires Cowan Systems LLC
Including Cowan Systems, Schneider will operate over 8,400 dedicated tractors – approximately 70% of Schneider’s Truckload fleet – cementing its place as one of the largest dedicated providers in the transportation industry.
Schneider National’s Strategic Expansion: The Impact of Acquiring Cowan Systems
Analyst Ken Hoexter of Bank of America Securities reiterated a Buy rating on Schneider National (SNDR – Research Report), boosting the price
Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC
(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,
Schneider acquiring Cowan Systems for $390 million
Schneider National ( CCJ Top 250, No. 6) has agreed to acquire Baltimore-based Cowan Systems (No. 54), LLC and its affiliates for $390 million. The deal is expected to close before year end. At closing, Cowan Systems will operate as a wholly-owned subsidiary of Schneider.
Strategic Acquisition of Cowan Systems Boosts Schneider National’s Growth with Buy Rating from Jason Seidl
Jason Seidl, an analyst from TD Cowen, reiterated the Buy rating on Schneider National (SNDR – Research Report). The associated price target
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Schneider Expands Its Fleet: $390 Million Cowan Systems Deal Supercharges Dedicated Services
Schneider National to acquire Cowan Systems and its affiliates for $390 million. Deal solidifies Schneider's position in ...