Rather than selling most of the family-owned company on the open market Schneider will sell a lesser amount of the company’s shares, said Noël Perry, trucking and transportation expert at FTR, a Bloomington, Indiana analyst firm, in October. (The Trucker file photo)
Rather than selling most of the family-owned company on the open market Schneider will sell a lesser amount of the company’s shares, said Noël Perry, trucking and transportation expert at FTR, a Bloomington, Indiana analyst firm, in October. (The Trucker file photo)

GREEN BAY, Wis. — True to their word, Schneider National Inc. and the Schneider Family said today that the Company has filed a registration with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of the Company’s Class B common stock. Schneider, the nation’s largest truckload carrier, reported in October that such a move was imminent. The company is applying to list its Class B common stock on the New York Stock Exchange under the ticker symbol “SNDR.” The number of shares to be offered and the price range for the offering have not yet been determined, Schneider representatives stated.

“Objectives of the planned transaction are to facilitate continuity of controlling ownership of long-standing, independent, and professional, corporate governance structure,” a Schneider…