Schneider National Acquires Cowan Systems, LLC
November 25, 2024
Schneider National, Inc. agreed to acquire Cowan Systems, LLC and affiliated entities for approximately $390 million in cash, plus separate real estate purchases of about $31 million. The Baltimore-based dedicated contract carrier — which operates roughly 1,800 trucks and 7,500 trailers across 40+ Eastern and Mid‑Atlantic locations — will become a wholly owned subsidiary to expand Schneider's Dedicated capacity and capabilities.
- Buyers
- Schneider National, Inc.
- Targets
- Cowan Systems, LLC
- Industry
- Logistics & Distribution
- Location
- Maryland, United States
- Transaction Type
- Buyout
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