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SCHNEIDER Schneider National , Inc. Announces Second Quarter 2021 Results Operating Revenues $ 1.4 billion ; $ 1.0 billion in 2020 • Income from Operations $ 125.8 million ; $ 63.4 million in 2020 • Diluted Earnings Per Share $ 0.60 ; $ 0.26 in 2020 • Updated full year Adjusted Diluted Earnings per Share guidance to $ 1.85 - $ 1.95 - Green Bay , Wis . July 29 , 2021 - Schneider National , Inc. ( NYSE : SNDR , “ Schneider ” or the “ Company ” ) , a leading transportation and logistics services company , today announced results for the three and six months ended June 30 , 2021 . " In the second quarter , we continued to utilize our diverse portfolio to capitalize upon opportunities presented by challenging market conditions , " said Mark Rourke , Chief Executive Officer and President of Schneider . “ Our asset - light segments accounted for 60 % of revenues in the quarter , demonstrating the integration of our scaled , multimodal service offerings . Our Truckload segment operating ratio improved 700 basis points from the first quarter of 2021 to 84.5 % despite the protracted driver capacity challenges . Our Intermodal segment grew both orders and revenue per order sequentially which contributed to nearly a 500 basis point sequential improvement in operating ratio . Our Logistics segment achieved record revenue and more than 100 % earnings growth year over year , supported by constructive market conditions and further leverage of Schneider FreightPowerⓇ . " " We continue to find solutions to serve our customers ' freight needs through our balanced enterprise platform , ” Rourke continued . " We remain well - positioned to drive growth and deliver shareholder value through the remainder of this year and into 2022. " Results of Operations ( unaudited ) The following table summarizes the Company's results of operations for the periods indicated . Three Months Ended June 30 , Six Months Ended June 30 , ( in millions , except ratios & per share amounts ) 2021 2020 Change 2021 2020 Change Operating revenues $ 1,360.8 $ 1,032.8 32 % $ 2,589.4 $ 2,151.9 20 % Revenues ( excluding fuel surcharge ) 1,250.6 964.1 30 % 2,389.0 1,980.2 21 % Income from operations 125.8 63.4 98 % 202.0 118.3 71 % Adjusted income from operations 125.8 63.6 98 % 202.0 117.3 72 % Operating ratio 90.8 % 93.9 % 310 bps 92.2 % 94.5 % 230 bps Adjusted operating ratio 89.9 % 93.4 % 350 bps 91.5 % 94.1 % 260 bps Net income $ 106.5 $ 46.5 129 % $ 161.3 $ 90.3 79 % Adjusted net income 106.5 46.7 128 % 161.3 89.6 80 % Diluted earnings per share 0.60 0.26 131 % 0.91 0.51 78 % Adjusted diluted earnings per share 0.60 0.26 131 % 0.91 0.51 78 % Weighted average diluted shares outstanding 177.9 177.5 0.4 177.8 177.4 0.4 1