Schneider National acquires M&M Transport Services, terms not disclosed

Schneider National announced the company has acquired M&M Transport Services, LLC, based in West Bridgewater, Massachusetts. M&M Transport is a Dedicated contract carrier that primarily provides specialty solutions for the retail and manufacturing verticals. Its top 20 customers include many Fortune 500 companies. The Dedicated carrier deploys approximately 500 trucks and 1,900 trailers across 12 locations in the Northeast, Midwest and Southwest. The acquisition is expected to be immediately accretive to Schneider’s earnings per share. M&M Transport financial results will be reported in Dedicated operations as part of the Truckload segment beginning in the third quarter of 2023.