Schneider National (SNDR) 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 11, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	SNDR
Entity Registrant Name	SCHNEIDER NATIONAL, INC.
Entity Central Index Key	1,692,063
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		83,029,500
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		93,811,890

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
OPERATING REVENUES	$ 1,006,439	$ 928,103
OPERATING EXPENSES:
Purchased transportation	367,328	338,199
Salaries, wages, and benefits	297,723	277,466
Fuel and fuel taxes	73,197	53,409
Depreciation and amortization	67,870	63,895
Operating supplies and expenses	106,234	99,263
Insurance and related expenses	21,831	18,669
Other general expenses	28,706	25,169
Total operating expenses	962,889	876,070
INCOME FROM OPERATIONS	43,550	52,033
NONOPERATING EXPENSES:
Interest expense-net	5,486	4,801
Other-net	133	333
Total nonoperating expenses	5,619	5,134
INCOME BEFORE INCOME TAXES	37,931	46,899
PROVISION FOR INCOME TAXES	15,362	18,760
NET INCOME	22,569	28,139
OTHER COMPREHENSIVE INCOME (LOSS):
Foreign currency translation adjustments	(121)	121
Unrealized gain on marketable securities-net of tax	137	321
Total other comprehensive income	16	442
COMPREHENSIVE INCOME	$ 22,585	$ 28,581
Weighted average common shares outstanding	156,419	155,704
Basic earnings per share	$ 0.14	$ 0.18
Weighted average diluted shares outstanding	156,800	155,813
Diluted earnings per share	$ 0.14	$ 0.18
Dividends per share of common stock	$ 0.05	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 79,259	$ 130,787
Marketable securities	49,405	52,489
Receivables:
Trade-net of allowance of $3,647 and $3,455, respectively	435,859	438,997
Managed freight	3,160	4,987
Other	25,507	41,807
Current portion of lease receivables-net of allowance of $1,489 and $1,036, respectively	92,793	100,211
Inventories	87,179	74,126
Prepaid expenses and other assets	104,618	80,244
Total current assets	877,780	923,648
Property and equipment:
Transportation equipment-net of accumulated depreciation of $969,613 and $942,965, respectively	1,642,529	1,653,703
Land, buildings, and improvements-net of accumulated depreciation of $109,909 and $108,148, respectively	71,687	70,747
Other-net of accumulated depreciation of $154,435 and $158,059, respectively	33,368	33,605
Net property and equipment	1,747,584	1,758,055
Lease receivables	130,235	132,121
Capitalized software and other noncurrent assets	75,066	76,782
Goodwill	164,150	164,035
Total noncurrent assets	2,117,035	2,130,993
TOTAL	2,994,815	3,054,641
Payables:
Trade	246,974	222,112
Managed freight	3,309	5,141
Accrued liabilities:
Salaries and wages	63,599	81,799
Claims accruals	54,529	52,216
Other	59,109	57,342
Current maturities of debt and capital lease obligations	170,846	258,658
Total current liabilities	598,366	677,268
NONCURRENT LIABILITIES:
Debt	422,765	428,807
Capital lease obligations	9,848	10,820
Claims accruals	108,533	111,542
Deferred income taxes	553,750	538,624
Other	100,334	101,130
Total noncurrent liabilities	1,195,230	1,190,923
COMMITMENTS AND CONTINGENCIES (Note 11)
TEMPORARY EQUITY - REDEEMABLE COMMON SHARES:
Redeemable common shares	1,201,219	1,186,450
ACCUMULATED EARNINGS	13,305	125,175
ACCUMULATED OTHER COMPREHENSIVE INCOME	899	883
TOTAL	2,994,815	3,054,641
Class A Redeemable Common Shares [Member]
TEMPORARY EQUITY - REDEEMABLE COMMON SHARES:
Redeemable common shares	630,471	563,217
Class B Redeemable Common Shares [Member]
TEMPORARY EQUITY - REDEEMABLE COMMON SHARES:
Redeemable common shares	$ 556,544	$ 497,175

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Trade allowance	$ 3,647	$ 3,455
Allowance for lease receivables	$ 1,489	$ 1,036
Class A Redeemable Common Shares [Member]
Redeemable common shares, par value	$ 0	$ 0
Redeemable common shares, shares authorized	250,000,000	250,000,000
Redeemable common shares, shares issued	83,029,500	83,029,500
Redeemable common shares, shares outstanding	83,029,500	83,029,500
Class B Redeemable Common Shares [Member]
Redeemable common shares, par value	$ 0	$ 0
Redeemable common shares, shares authorized	750,000,000	750,000,000
Redeemable common shares, shares issued	73,294,560	73,294,560
Redeemable common shares, shares outstanding	73,294,560	73,294,560
Transportation Equipment [Member]
Accumulated depreciation of property and equipment	$ 969,613	$ 942,965
Land, Buildings and Improvements [Member]
Accumulated depreciation of property and equipment	109,909	108,148
Other [Member]
Accumulated depreciation of property and equipment	$ 154,435	$ 158,059

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
OPERATING ACTIVITIES:
Net income	$ 22,569	$ 28,139
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	67,870	63,895
Gain on sale of property and equipment	(3,209)	(3,817)
Deferred income taxes	15,053	14,368
Other noncash items	(81)	104
Changes in operating assets and liabilities:
Receivables	21,428	51,824
Other assets	(20,512)	(22,133)
Payables	10,089	4,328
Other liabilities	(24,051)	(22,464)
Net cash provided by operating activities	89,156	114,244
INVESTING ACTIVITIES:
Purchases of transportation equipment	(39,335)	(90,802)
Purchases of other property and equipment	(8,013)	(7,608)
Proceeds from sale of property and equipment	15,342	10,319
Proceeds from lease receipts and sale of off-lease inventory	14,643	13,703
Purchases of lease equipment	(23,714)	(18,360)
Sales of marketable securities	3,101	2,096
Net cash used in investing activities	(37,976)	(90,652)
FINANCING ACTIVITIES:
Payments under revolving credit agreements	(85,000)	(30,000)
Payments of debt and capital lease obligations	(9,892)	(892)
Dividends on redeemable common shares	(7,816)
Net cash used in financing activities	(102,708)	(30,892)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(51,528)	(7,300)
CASH AND CASH EQUIVALENTS:
Beginning of period	130,787	160,676
End of period	79,259	153,376
Noncash investing and financing activity:
Equipment purchases in accounts payable	35,325	65,091
Costs in accounts payable related to our IPO	5,150
Increase in redemption value of redeemable common shares	(126,623)	(108,924)
Cash paid during the year for:
Interest	6,056	5,070
Income taxes-net of refunds	$ (15,644)	$ (36,490)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Redeemable Shares, Accumulated Earnings, and Accumulated Other Comprehensive Income $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)shares
Beginning balance	$ 1,186,450
Net income	22,569
Other comprehensive income	16
Dividends declared at $0.05 per share	(7,816)
Ending balance	1,201,219
Accumulated Earnings [Member]
Beginning balance	125,175
Net income	22,569
Dividends declared at $0.05 per share	(7,816)
Change in redemption value of redeemable common shares	(126,623)
Ending balance	13,305
Accumulated Other Comprehensive Income [Member]
Beginning balance	883
Other comprehensive income	16
Ending balance	899
Class A Redeemable Common Shares [Member]
Beginning balance	$ 563,217
Beginning balance, shares | shares	83,029,500
Change in redemption value of redeemable common shares	$ 67,254
Ending balance	$ 630,471
Ending balance, shares | shares	83,029,500
Class B Redeemable Common Shares [Member]
Beginning balance	$ 497,175
Beginning balance, shares | shares	73,294,560
Change in redemption value of redeemable common shares	$ 59,369
Ending balance	$ 556,544
Ending balance, shares | shares	73,294,560

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Redeemable Shares, Accumulated Earnings, and Accumulated Other Comprehensive Income (Parenthetical)	3 Months Ended
	Mar. 31, 2017$ / shares
Dividends declared per share	$ 0.05
Accumulated Earnings [Member]
Dividends declared per share	$ 0.05

General

General	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	1. GENERAL Description of Business In this report, when we refer to “the Company,” “us,” “we,” “our,” or “ours,” we are referring to Schneider National, Inc. and its subsidiaries. We are a leading transportation services organization headquartered in Green Bay, Wisconsin. We provide a broad portfolio of premier truckload, intermodal, and logistics solutions and operate one of the largest trucking fleets in North America. Our initial public offering of shares of Class B Common Stock was completed in April 2017, and additional shares were sold in May 2017 under an option granted to the underwriters. In connection with the offering, we sold a total of 20,145,000 shares of common stock at $19 per share and received proceeds of $382,755. Expenses related to the offering totaled approximately $42,485, resulting in net proceeds of $340,270. The financial statement effects of the IPO and related exercise of the additional allotment is not reflected in these interim financial statements for the period ended March 31, 2017. Basis of Presentation The accompanying unaudited interim Condensed Consolidated Financial Statements have been prepared in accordance with GAAP and the rules and regulations of the SEC applicable to quarterly reports on Form 10-Q. All intercompany transactions have been eliminated in consolidation. In the opinion of management, these statements reflect all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of our financial results for the interim periods presented. Accounting Standards Issued But Not Yet Adopted In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. In January 2016, the FASB issued ASU 2016-01, Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases build-to-suit In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU 2017-04 , Intangibles—Goodwill and Other: Simplifying the Test for Goodwill Impairment,

Acquisition

Acquisition	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Acquisition	2. ACQUISITION On June 1, 2016, we acquired 100% of the shares of WST, for $150,420 in cash and future payments. The acquisition of WST included the simultaneous purchase of Lodeso. These two companies bring together final-mile delivery, claims-free handling, and an innovative technology platform. They provide LTL, truckload, and logistics services for difficult to handle goods, such as furniture and floor coverings, across North America. They use proprietary technology to handle supply chain complexities within the national home delivery industry. We acquired WST and Lodeso because they create integrated first-to-final-mile-delivery The acquisition was accounted for as a purchase in accordance with FASB ASC Topic 805, Business Combinations Recognized amounts of identifiable assets acquired and liabilities assumed Cash $ 1,318 Receivables 16,156 Inventories 480 Prepaid expenses and other current assets 4,392 Property and equipment 81,844 Capitalized software and other noncurrent assets 5,807 Intangible assets 10,900 Goodwill 138,168 Total assets acquired 259,065 Payables assumed 7,807 Accrued liabilities assumed 5,289 Current maturities of debt and capital lease obligations assumed 47,692 Debt and capital lease obligations assumed 46,211 Other noncurrent liabilities assumed 1,646 Fair value of total consideration transferred $ 150,420 In addition to the cash paid at closing, a guaranteed payment arrangement requires us to pay the former owners of WST $20,000 on each of the next three anniversary dates of the closing. This amount is discounted between one percent and three percent, based on credit-adjusted discount rates, for a total present value amount of $57,713 at the closing date. A contingent payment arrangement requires us to make earnout payments based on the achievement of specified earnings targets on each of the next three anniversary dates of the closing, with the aggregate payment total not to exceed $40,000. The following unaudited pro forma condensed combined financial information presents our results as if we had acquired WST and Lodeso on January 1, 2016. Three Months Ended March 31, 2016 Pro forma net sales $ 971,375 Pro forma net income $ 26,988 Basic earnings per share as reported $ 0.18 Pro forma basic earnings per share $ 0.17 Diluted earnings per share as reported $ 0.18 Pro forma diluted earnings per share $ 0.17

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value	3. FAIR VALUE Fair value focuses on the estimated price that would be received to sell an asset or paid to transfer a liability, which is referred to as the exit price. Inputs to valuation techniques used to measure fair value fall into three broad levels (Levels 1, 2, and 3) as follows: Level 1 Level 2 Level 3 All marketable securities were valued based on quoted prices for similar assets in active markets or quoted prices for identical or similar assets in markets that are not active (Level 2 in the fair value hierarchy). We measure our marketable securities on a recurring, monthly basis. The fair value of the contingent consideration related to the 2016 acquisition of WST was $13,500 at March 31, 2017. This valuation was based on significant inputs that are not observable in the market, which are referred to as Level 3 inputs. Key assumptions include a probability-adjusted level of EBITDA estimated using the Monte Carlo simulation method. There were no transfers between levels for the periods shown. Fair Value of Other Financial Instruments The recorded value of cash, receivables, and payables approximate fair value. Based on borrowing rates available to us in the applicable year, a fixed-rate debt portfolio with similar terms and maturities would have had a fair value of approximately $592,084 and $683,923 as of March 31, 2017 and December 31, 2016, respectively.

Marketable Securities

Marketable Securities	3 Months Ended
	Mar. 31, 2017
Investments Schedule [Abstract]
Marketable Securities	4. MARKETABLE SECURITIES Our marketable securities have maturities ranging from six to 30 months, but our intent is not to hold them longer than one year. They are classified as available for sale and carried at fair value in current assets on the condensed consolidated balance sheets. Any unrealized gains and losses, net of tax, are included as a component of accumulated other comprehensive income (loss). The following table presents the values of our marketable securities as of the dates shown. March 31, 2017 December 31, 2016 Amortized Fair Amortized Fair Zero coupon bonds $ 3,787 $ 3,827 $ 3,768 $ 3,811 U.S. treasury and government agencies 8,037 8,032 8,048 8,042 Asset-backed securities 287 280 409 399 Corporate debt securities 13,362 13,519 14,415 14,541 State and political subdivisions 24,065 23,747 26,192 25,696 Total marketable securities $ 49,538 $ 49,405 $ 52,832 $ 52,489 Gross realized and unrealized gains and losses on sales of marketable securities were not material for the three months ended March 31, 2017 and 2016.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	5. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill represents the excess of the purchase price of our acquisitions over the fair value of the identifiable net assets acquired. Changes in the carrying amount of goodwill were as follows. Truckload Logistics Other Total Balance at December 31, 2016 $ 138,168 $ 14,173 $ 11,694 $ 164,035 Foreign currency translation — — 115 115 Balance at March 31, 2017 $ 138,168 $ 14,173 $ 11,809 $ 164,150 The identifiable intangible assets other than goodwill listed below are included in other noncurrent assets on the condensed consolidated balance sheets. March 31, 2017 December 31, 2016 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Customer lists $ 10,500 $ 1,708 $ 8,792 $ 10,500 $ 1,445 $ 9,055 Trade names 1,400 389 1,011 1,400 272 1,128 Total intangible assets $ 11,900 $ 2,097 $ 9,803 $ 11,900 $ 1,717 $ 10,183 Amortization expense for intangible assets was $382 and $29 for the three months ended March 31, 2017 and 2016, respectively. Accumulated amortization in the table above includes foreign currency translation related to a customer list. Estimated future amortization expense related to intangible assets is as follows. Remaining 2017 $ 1,146 2018 1,416 2019 1,145 2020 950 2021 950 2022 and thereafter 4,196 $ 9,803

Debt and Credit Facilities

Debt and Credit Facilities	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt and Credit Facilities	6. DEBT AND CREDIT FACILITIES As of March 31, 2017 and December 31, 2016, debt included the following: March 2017 December 2016 Unsecured senior notes: principal payable at maturity; interest payable in quarterly or semiannual installments through 2024; weighted-average interest rate of 3.66% for 2017 and 2016 $ 500,000 $ 500,000 Equipment financing notes: principal and interest payable in monthly installments through 2023; weighted average interest rate of 3.78% and 3.82% for 2017 and 2016, respectively 40,474 49,296 Secured credit facility: collateralized by certain trade receivables; interest rates of 1.85% and 1.68% for 2017 and 2016, respectively 50,000 135,000 Total principal outstanding 590,474 684,296 Current maturities (166,684 ) (254,398 ) Debt issuance costs (1,025 ) (1,091 ) Long-term debt $ 422,765 $ 428,807 As of March 31, 2017, we were in compliance with all covenants and financial ratios under the credit agreement and the indentures governing the senior notes. We used $100 million of the proceeds from our IPO to repay our 4.83% unsecured senior notes that matured on May 7, 2017. We had no outstanding borrowings under our revolving credit agreement as of March 31, 2017 or December 31, 2016. Standby letters of credit under this agreement amounted to $4,100 at both March 31, 2017, and December 31, 2016, and were primarily related to the requirements of certain of our real estate leases. We have a secured credit facility that allows us to borrow up to $200,000 against qualifying trade receivables at rates based on the 30-day

Lease Receivables

Lease Receivables	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Lease Receivables	7. LEASE RECEIVABLES We finance various types of transportation-related March 2017 December 2016 Future minimum payments to be received on leases $ 133,876 $ 137,339 Guaranteed residual lease values 116,485 124,487 Total minimum lease payments to be received 250,361 261,826 Unearned income (27,333 ) (29,494 ) Net investment in leases 223,028 232,332 Current maturities of lease receivables 94,282 101,247 Less—allowance for doubtful accounts (1,489 ) (1,036 ) Current portion of lease receivables—net of allowance 92,793 100,211 Lease receivables—noncurrent $ 130,235 $ 132,121

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	8. INCOME TAXES Our effective income tax rate was 40.5% and 40.0% for the three months ended March 31, 2017, and 2016, respectively. In determining the quarterly provision for income taxes, we use an estimated annual effective tax rate, adjusted for discrete items. This rate is based on our expected annual income, statutory tax rates, best estimate of nontaxable and nondeductible items of income and expense, and the ultimate outcome of tax audits.

Common Equity

Common Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Common Equity	9. COMMON EQUITY Prior to our IPO in April 2017, our Class A and Class B common stock was considered redeemable under GAAP because of certain repurchase rights granted to our shareholders pursuant to the Schneider National, Inc. Employee Stock Purchase Plan and certain agreements governing ownership of our common stock held by existing shareholders, including members of the Schneider family and their family trusts. As a result, all vested Class A and Class B common shares were recorded as temporary equity (redeemable common shares) on the consolidated balance sheets at their redemption value as of the balance sheet dates. Accumulated earnings on the consolidated balance sheets were adjusted for the changes during the period in the current redemption value of vested Class A and Class B redeemable common shares. Restricted shares that were not yet vested and held for more than 180 days as of the reporting date were classified as liabilities at their redemption values taking into consideration the portion of the requisite service that had been provided as of the reporting date. All share redemption provisions were removed effective with the initial public offering of Class B common shares in April 2017. Therefore, all Class A and Class B common shares were reclassified from temporary equity to permanent equity as of April 2017. Earnings Per Share As disclosed in Note 1, General (in thousands, except per share data) Three Months March 31, 2017 Three Months Basic earnings per common share: Net income available to common shareholders $ 22,569 $ 28,139 Weighted average common shares issued and outstanding 156,419 155,704 Basic earnings per common share $ 0.14 $ 0.18 Diluted earnings per common share: Net income applicable to diluted earnings per common share $ 22,569 $ 28,139 Dilutive potential common shares: Restricted share units 381 109 Dilutive potential common shares 381 109 Total diluted average common shares issued and outstanding 156,800 155,813 Diluted earnings per common share $ 0.14 $ 0.18

Share-based Compensation

Share-based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	10. SHARE-BASED COMPENSATION We granted restricted shares to certain management employees in the past that vest generally over a three-year period. These restricted shares must be paid out in shares and are accounted for as equity awards once vested and held for more than 180 days. Cash dividends are not paid on the nonvested restricted shares, nor do they accumulate during the vesting period. No awards were granted in the three months ended March 31, 2017. Compensation expense for restricted shares recognized within salaries, wages, and benefits in the condensed consolidated statements of comprehensive income for the three months ended March 31, 2017 and 2016 was $633 and $702, respectively. We adopted ASU No. 2016-09, Compensation—Stock Compensation: Improvements to Employee Share-Based Payment Accounting In April 2017, we granted various awards under our 2017 Omnibus Incentive Plan. These awards consisted of 246,516 restricted share and restricted share unit awards; 396,201 performance-based restricted share and performance-based restricted share unit awards; and 229,620 stock options.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. COMMITMENTS AND CONTINGENCIES In the ordinary course of conducting our business, we become involved in certain legal matters and investigations on a number of matters, including liability claims, taxes other than income taxes, contract disputes, employment, and other litigation matters. We accrue for anticipated costs to defend and resolve matters that are probable and estimable. We believe the outcomes of these matters will not have a material impact on our business or our financial statements. At March 31, 2017, our firm commitments to purchase transportation equipment totaled approximately $195,092.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Reporting	12. SEGMENT REPORTING We have three reportable segments – Truckload, Intermodal, and Logistics – which are based primarily on the services each segment provides. The Truckload reportable segment consists of three operating segments (Van Truckload, Specialty Dedicated, and Bulk) that are aggregated because they have similar economic characteristics and meet the other aggregation criteria described in the accounting guidance for segment reporting. Van Truckload delivers truckload quantities over irregular routes using dry van trailers. Specialty Dedicated is similar except that it involves recurring routes between the same locations for which specified trucks are dedicated to the route using specialty trailers. Bulk transports key inputs to the manufacturing process such as specialty chemicals using specialty trailers. The Intermodal reportable segment provides rail intermodal and drayage services to our customers. Company-owned containers and generally Company-owned dray tractors are used to provide these transportation services. The Logistics reportable segment consists of three operating segments (Brokerage, Supply Chain Management, and Import/Export Services) that are aggregated because they have similar economic characteristics and meet the other aggregation criteria described in the accounting guidance for segment reporting. In the Logistics segment, we provide additional sources of truck capacity, manage transportation-systems analysis requirements for individual customers, and provide trans-loading and warehousing services. We generate other revenues from a captive insurance business and from a leasing business which are operated by wholly-owned subsidiaries. We also have operations in Asia that meet the definition of an operating segment. None of these operations meets the quantitative reporting thresholds. As a result, these operations are grouped in “Other” in the tables below. We have also included in “Other” revenues and expenses that are incidental to our activities and are not attributable to any of the reportable segments. Separate balance sheets are not prepared by segment and, as a result, assets are not separately identifiable by segment. All transactions between reporting segments are eliminated in consolidation. The chief operating decision maker reviews revenue for each segment without the inclusion of fuel surcharge revenue. For segment purposes, any fuel surcharge revenues earned are recorded as a reduction of the segment’s fuel expenses. Income from operations at a segment level reflects the measures presented to the chief operating decision maker for each segment. The following tables summarize our segment information. Intersegment revenues were immaterial for all segments, with the exception of Other, which included revenues from insurance premiums charged to other segments for workers’ compensation, auto, and other types of insurance. Intersegment revenues included in Other revenues below were $16,873 for the three months ended March 31, 2017, and $14,197 for the three months ended March 31, 2016. Three Months Ended March 31, 2017 Truckload Intermodal Logistics Other Fuel Intersegment Total Operating revenues 522,110 181,090 183,904 50,283 90,250 (21,198 ) 1,006,439 Income from operations 38,520 6,634 5,183 (6,787 ) — — 43,550 Depreciation and amortization expense 50,413 8,026 99 9,332 — — 67,870 Three Months Ended March 31, 2016 Truckload Intermodal Logistics Other Fuel Intersegment Total Operating revenues 490,725 184,825 166,750 49,549 56,154 (19,900 ) 928,103 Income from operations 42,188 7,089 5,177 (2,421 ) — — 52,033 Depreciation and amortization expense 43,783 9,239 98 10,775 — — 63,895

General (Policies)

General (Policies)	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business In this report, when we refer to “the Company,” “us,” “we,” “our,” or “ours,” we are referring to Schneider National, Inc. and its subsidiaries. We are a leading transportation services organization headquartered in Green Bay, Wisconsin. We provide a broad portfolio of premier truckload, intermodal, and logistics solutions and operate one of the largest trucking fleets in North America. Our initial public offering of shares of Class B Common Stock was completed in April 2017, and additional shares were sold in May 2017 under an option granted to the underwriters. In connection with the offering, we sold a total of 20,145,000 shares of common stock at $19 per share and received proceeds of $382,755. Expenses related to the offering totaled approximately $42,485, resulting in net proceeds of $340,270. The financial statement effects of the IPO and related exercise of the additional allotment is not reflected in these interim financial statements for the period ended March 31, 2017.
Basis of Presentation	Basis of Presentation The accompanying unaudited interim Condensed Consolidated Financial Statements have been prepared in accordance with GAAP and the rules and regulations of the SEC applicable to quarterly reports on Form 10-Q. All intercompany transactions have been eliminated in consolidation. In the opinion of management, these statements reflect all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of our financial results for the interim periods presented.
Accounting Standards Issued But Not Yet Adopted	Accounting Standards Issued But Not Yet Adopted In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. In January 2016, the FASB issued ASU 2016-01, Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases build-to-suit In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments In January 2017, the FASB issued ASU 2017-04 , Intangibles—Goodwill and Other: Simplifying the Test for Goodwill Impairment,

Acquisition (Tables)

Acquisition (Tables)	3 Months Ended
	Mar. 31, 2017
Schedule of Pro Forma Condensed Combined Financial Information	The following unaudited pro forma condensed combined financial information presents our results as if we had acquired WST and Lodeso on January 1, 2016. Three Months Ended March 31, 2016 Pro forma net sales $ 971,375 Pro forma net income $ 26,988 Basic earnings per share as reported $ 0.18 Pro forma basic earnings per share $ 0.17 Diluted earnings per share as reported $ 0.18 Pro forma diluted earnings per share $ 0.17
WST [Member]
Schedule of Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed	Recognized amounts of identifiable assets acquired and liabilities assumed Cash $ 1,318 Receivables 16,156 Inventories 480 Prepaid expenses and other current assets 4,392 Property and equipment 81,844 Capitalized software and other noncurrent assets 5,807 Intangible assets 10,900 Goodwill 138,168 Total assets acquired 259,065 Payables assumed 7,807 Accrued liabilities assumed 5,289 Current maturities of debt and capital lease obligations assumed 47,692 Debt and capital lease obligations assumed 46,211 Other noncurrent liabilities assumed 1,646 Fair value of total consideration transferred $ 150,420

Marketable Securities (Tables)

Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Investments Schedule [Abstract]
Schedule of Marketable Securities	The following table presents the values of our marketable securities as of the dates shown. March 31, 2017 December 31, 2016 Amortized Fair Amortized Fair Zero coupon bonds $ 3,787 $ 3,827 $ 3,768 $ 3,811 U.S. treasury and government agencies 8,037 8,032 8,048 8,042 Asset-backed securities 287 280 409 399 Corporate debt securities 13,362 13,519 14,415 14,541 State and political subdivisions 24,065 23,747 26,192 25,696 Total marketable securities $ 49,538 $ 49,405 $ 52,832 $ 52,489

Goodwill and Other Intangible23

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amount of Goodwill	Changes in the carrying amount of goodwill were as follows. Truckload Logistics Other Total Balance at December 31, 2016 $ 138,168 $ 14,173 $ 11,694 $ 164,035 Foreign currency translation — — 115 115 Balance at March 31, 2017 $ 138,168 $ 14,173 $ 11,809 $ 164,150
Schedule of Identifiable Intangible Assets Other Than Goodwill	The identifiable intangible assets other than goodwill listed below are included in other noncurrent assets on the condensed consolidated balance sheets. March 31, 2017 December 31, 2016 Gross Net Gross Net Carrying Accumulated Carrying Carrying Accumulated Carrying Amount Amortization Amount Amount Amortization Amount Customer lists $ 10,500 $ 1,708 $ 8,792 $ 10,500 $ 1,445 $ 9,055 Trade names 1,400 389 1,011 1,400 272 1,128 Total intangible assets $ 11,900 $ 2,097 $ 9,803 $ 11,900 $ 1,717 $ 10,183
Schedule Estimated Future Amortization Expense	Estimated future amortization expense related to intangible assets is as follows. Remaining 2017 $ 1,146 2018 1,416 2019 1,145 2020 950 2021 950 2022 and thereafter 4,196 $ 9,803

Debt and Credit Facilities (Tab

Debt and Credit Facilities (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Summary of Debt	As of March 31, 2017 and December 31, 2016, debt included the following: March 2017 December 2016 Unsecured senior notes: principal payable at maturity; interest payable in quarterly or semiannual installments through 2024; weighted-average interest rate of 3.66% for 2017 and 2016 $ 500,000 $ 500,000 Equipment financing notes: principal and interest payable in monthly installments through 2023; weighted average interest rate of 3.78% and 3.82% for 2017 and 2016, respectively 40,474 49,296 Secured credit facility: collateralized by certain trade receivables; interest rates of 1.85% and 1.68% for 2017 and 2016, respectively 50,000 135,000 Total principal outstanding 590,474 684,296 Current maturities (166,684 ) (254,398 ) Debt issuance costs (1,025 ) (1,091 ) Long-term debt $ 422,765 $ 428,807

Lease Receivables (Tables)

Lease Receivables (Tables)	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Summary of Investment in Lease Receivables	As of March 31, 2017 and December 31, 2016, the investment in lease receivables was as follows: March 2017 December 2016 Future minimum payments to be received on leases $ 133,876 $ 137,339 Guaranteed residual lease values 116,485 124,487 Total minimum lease payments to be received 250,361 261,826 Unearned income (27,333 ) (29,494 ) Net investment in leases 223,028 232,332 Current maturities of lease receivables 94,282 101,247 Less—allowance for doubtful accounts (1,489 ) (1,036 ) Current portion of lease receivables—net of allowance 92,793 100,211 Lease receivables—noncurrent $ 130,235 $ 132,121

Common Equity (Tables)

Common Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Calculation of Basic and Diluted Earnings Per Share	The calculations of basic and diluted earnings per share for the periods shown below do not include additional shares sold or share-based awards granted after March 31, 2017. (in thousands, except per share data) Three Months March 31, 2017 Three Months Basic earnings per common share: Net income available to common shareholders $ 22,569 $ 28,139 Weighted average common shares issued and outstanding 156,419 155,704 Basic earnings per common share $ 0.14 $ 0.18 Diluted earnings per common share: Net income applicable to diluted earnings per common share $ 22,569 $ 28,139 Dilutive potential common shares: Restricted share units 381 109 Dilutive potential common shares 381 109 Total diluted average common shares issued and outstanding 156,800 155,813 Diluted earnings per common share $ 0.14 $ 0.18

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Summary of Segment Reporting Information	The following tables summarize our segment information. Intersegment revenues were immaterial for all segments, with the exception of Other, which included revenues from insurance premiums charged to other segments for workers’ compensation, auto, and other types of insurance. Intersegment revenues included in Other revenues below were $16,873 for the three months ended March 31, 2017, and $14,197 for the three months ended March 31, 2016. Three Months Ended March 31, 2017 Truckload Intermodal Logistics Other Fuel Intersegment Total Operating revenues 522,110 181,090 183,904 50,283 90,250 (21,198 ) 1,006,439 Income from operations 38,520 6,634 5,183 (6,787 ) — — 43,550 Depreciation and amortization expense 50,413 8,026 99 9,332 — — 67,870 Three Months Ended March 31, 2016 Truckload Intermodal Logistics Other Fuel Intersegment Total Operating revenues 490,725 184,825 166,750 49,549 56,154 (19,900 ) 928,103 Income from operations 42,188 7,089 5,177 (2,421 ) — — 52,033 Depreciation and amortization expense 43,783 9,239 98 10,775 — — 63,895

General - Additional Informatio

General - Additional Information (Detail) - IPO [Member] - Class B Common Stock [Member] - Subsequent Event [Member] $ / shares in Units, $ in Thousands	Apr. 05, 2017USD ($)$ / sharesshares
Subsidiary, Sale of Stock [Line Items]
Share issued during the period | shares	20,145,000
Share issued, price per share | $ / shares	$ 19
Proceeds from initial public offering	$ 382,755
Expenses related to the offering	42,485
Net proceeds from initial public offering	$ 340,270

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($)	Jun. 01, 2016	Mar. 31, 2017
Former Owners [Member]
Business Acquisition [Line Items]
Cash payments		$ 20,000,000
Former Owners [Member] | Minimum [Member]
Business Acquisition [Line Items]
Credit adjusted discount rate on cash payment		1.00%
Former Owners [Member] | Maximum [Member]
Business Acquisition [Line Items]
Credit adjusted discount rate on cash payment		3.00%
WST [Member]
Business Acquisition [Line Items]
Percentage of voting interest acquired	100.00%
Purchase price of acquisition	$ 150,420,000
Percentage of goodwill deductible for income tax purpose	100.00%
Guaranteed payments		$ 57,713,000
Aggregate payment of contingent consideration		$ 40,000,000

Acquisition - Schedule of Recog

Acquisition - Schedule of Recognized Amounts of Identifiable Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Jun. 01, 2016	Mar. 31, 2017	Dec. 31, 2016
Recognized amounts of identifiable assets acquired and liabilities assumed
Goodwill		$ 164,150	$ 164,035
WST [Member]
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash	$ 1,318
Receivables	16,156
Inventories	480
Prepaid expenses and other current assets	4,392
Property and equipment	81,844
Capitalized software and other noncurrent assets	5,807
Intangible assets	10,900
Goodwill	138,168
Total assets acquired	259,065
Payables assumed	7,807
Accrued liabilities assumed	5,289
Current maturities of debt and capital lease obligations assumed	47,692
Debt and capital lease obligations assumed	46,211
Other noncurrent liabilities assumed	1,646
Fair value of total consideration transferred	$ 150,420

Acquisition - Schedule of Pro F

Acquisition - Schedule of Pro Forma Condensed Combined Financial Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Business Combination Segment Allocation [Line Items]
Basic earnings per share as reported	$ 0.14	$ 0.18
Diluted earnings per share as reported	$ 0.14	$ 0.18
WST [Member]
Business Combination Segment Allocation [Line Items]
Pro forma net sales		$ 971,375
Pro forma net income		$ 26,988
Basic earnings per share as reported		$ 0.18
Pro forma basic earnings per share		0.17
Diluted earnings per share as reported		0.18
Pro forma diluted earnings per share		$ 0.17

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Transfers between fair value hierarchy levels	$ 0
Fair value of fixed-rate debt portfolio	592,084,000	$ 683,923,000
WST [Member]
Business Acquisition [Line Items]
Fair value of contingent consideration	$ 13,500,000

Marketable Securities - Additio

Marketable Securities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017
Minimum [Member]
Schedule of Available-for-sale Securities [Line Items]
Marketable securities maturity term	6 months
Maximum [Member]
Schedule of Available-for-sale Securities [Line Items]
Marketable securities maturity term	30 months

Marketable Securities - Schedul

Marketable Securities - Schedule of Marketable Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 49,538	$ 52,832
Fair Value	49,405	52,489
Current Asset [Member] | Zero Coupon Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,787	3,768
Fair Value	3,827	3,811
Current Asset [Member] | U.S. Treasury and Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	8,037	8,048
Fair Value	8,032	8,042
Current Asset [Member] | Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	287	409
Fair Value	280	399
Current Asset [Member] | Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	13,362	14,415
Fair Value	13,519	14,541
Current Asset [Member] | State and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	24,065	26,192
Fair Value	$ 23,747	$ 25,696

Goodwill and Other Intangible35

Goodwill and Other Intangible Assets - Schedule of Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Goodwill [Line Items]
Beginning balance	$ 164,035
Foreign currency translation	115
Ending balance	164,150
Truckload [Member]
Goodwill [Line Items]
Beginning balance	138,168
Ending balance	138,168
Logistics [Member]
Goodwill [Line Items]
Beginning balance	14,173
Ending balance	14,173
Other [Member]
Goodwill [Line Items]
Beginning balance	11,694
Foreign currency translation	115
Ending balance	$ 11,809

Goodwill and Other Intangible36

Goodwill and Other Intangible Assets - Schedule of Identifiable Intangible Assets Other Than Goodwill (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Net Carrying Amount	$ 9,803
Other Noncurrent Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	11,900	$ 11,900
Accumulated Amortization	2,097	1,717
Net Carrying Amount	9,803	10,183
Other Noncurrent Assets [Member] | Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	10,500	10,500
Accumulated Amortization	1,708	1,445
Net Carrying Amount	8,792	9,055
Other Noncurrent Assets [Member] | Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,400	1,400
Accumulated Amortization	389	272
Net Carrying Amount	$ 1,011	$ 1,128

Goodwill and Other Intangible37

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense for intangible assets	$ 382	$ 29

Goodwill and Other Intangible38

Goodwill and Other Intangible Assets - Schedule Estimated Future Amortization Expense (Detail) $ in Thousands	Mar. 31, 2017USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
Remaining 2,017	$ 1,146
2,018	1,416
2,019	1,145
2,020	950
2,021	950
2022 and thereafter	4,196
Net Carrying Amount	$ 9,803

Debt and Credit Facilities - Su

Debt and Credit Facilities - Summary of Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total principal outstanding	$ 590,474	$ 684,296
Current maturities	(166,684)	(254,398)
Debt issuance costs	(1,025)	(1,091)
Long-term debt	422,765	428,807
Unsecured Senior Notes [Member]
Debt Instrument [Line Items]
Total principal outstanding	500,000	500,000
Equipment Financing Notes [Member]
Debt Instrument [Line Items]
Total principal outstanding	40,474	49,296
Trade Receivables [Member] | Collateralized [Member] | Secured Credit Facility [Member]
Debt Instrument [Line Items]
Total principal outstanding	$ 50,000	$ 135,000

Debt and Credit Facilities - 40

Debt and Credit Facilities - Summary of Debt (Parenthetical) (Detail)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Debt Instrument [Line Items]
Interest rates			4.83%
Unsecured Senior Notes [Member]
Debt Instrument [Line Items]
Frequency of periodic payment			Quarterly or semiannual
Maturity year	2,024	2,024
Weighted-average interest rate	3.66%	3.66%	3.66%
Equipment Financing Notes [Member]
Debt Instrument [Line Items]
Frequency of periodic payment			Monthly
Maturity year	2,023	2,023
Weighted-average interest rate	3.78%	3.82%	3.78%
Trade Receivables [Member] | Collateralized [Member] | Secured Credit Facility [Member]
Debt Instrument [Line Items]
Interest rates	1.85%	1.68%

Debt and Credit Facilities - Ad

Debt and Credit Facilities - Additional Information (Detail) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2017
Debt Instrument [Line Items]
Repayment of unsecured senior notes with proceeds from IPO			$ 100,000,000
Interest rate			4.83%
Maturity date			May 7, 2017
Total principal outstanding	$ 590,474,000	$ 684,296,000	$ 590,474,000
Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Credit facility, Outstanding borrowings	0	0	0
Revolving Credit Agreement [Member] | Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Credit facility, Standby letters of credit	4,100,000	4,100,000	4,100,000
Secured Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility, Maximum borrowing capacity against qualifying trade receivables	200,000,000		$ 200,000,000
Credit facility, Interest rate description			We have a secured credit facility that allows us to borrow up to $200,000 against qualifying trade receivables at rates based on the 30-day LIBOR.
Secured Credit Facility [Member] | Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Credit facility, Standby letters of credit	$ 60,011,000	$ 60,085,000	$ 60,011,000
Trade Receivables [Member] | Collateralized [Member] | Secured Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate	1.85%	1.68%
Total principal outstanding	$ 50,000,000	$ 135,000,000	$ 50,000,000

Lease Receivables - Summary of

Lease Receivables - Summary of Investment in Lease Receivables (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Leases [Abstract]
Future minimum payments to be received on leases	$ 133,876	$ 137,339
Guaranteed residual lease values	116,485	124,487
Total minimum lease payments to be received	250,361	261,826
Unearned income	(27,333)	(29,494)
Net investment in leases	223,028	232,332
Current maturities of lease receivables	94,282	101,247
Less-allowance for doubtful accounts	(1,489)	(1,036)
Current portion of lease receivables-net of allowance	92,793	100,211
Lease receivables-noncurrent	$ 130,235	$ 132,121

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Effective income tax rate	40.50%	40.00%

Common Equity - Additional Info

Common Equity - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Restricted shares not yet vested, held in period	180 days

Common Equity - Calculation of

Common Equity - Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Basic earnings per common share:
Net income available to common shareholders	$ 22,569	$ 28,139
Weighted average common shares issued and outstanding	156,419	155,704
Basic earnings per common share	$ 0.14	$ 0.18
Diluted earnings per common share:
Net income applicable to diluted earnings per common share	$ 22,569	$ 28,139
Dilutive potential common shares:
Restricted share units	381	109
Dilutive potential common shares	381	109
Total diluted average common shares issued and outstanding	156,800	155,813
Diluted earnings per common share	$ 0.14	$ 0.18

Share-based Compensation - Addi

Share-based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Apr. 30, 2017	Mar. 31, 2017	Mar. 31, 2016
Restricted Shares [Member]
Compensation Related Costs Disclosure [Line Items]
Period of time award recipients have to exercise the option to redeem restricted shares		180 days
Restricted share awards granted during period		0
Compensation expense recognized		$ 633	$ 702
Subsequent Event [Member] | Restricted Stock Units (RSUs) [Member] | 2017 Omnibus Incentive Plan [Member]
Compensation Related Costs Disclosure [Line Items]
Restricted share awards granted during period	246,516
Subsequent Event [Member] | Performance Shares [Member] | 2017 Omnibus Incentive Plan [Member]
Compensation Related Costs Disclosure [Line Items]
Restricted share awards granted during period	396,201
Subsequent Event [Member] | Employee Stock Option [Member] | 2017 Omnibus Incentive Plan [Member]
Compensation Related Costs Disclosure [Line Items]
Stock options granted during period	229,620

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Thousands	Mar. 31, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
Commitments to purchase transportation equipment	$ 195,092

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Segment	Mar. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	3
Number of operating segments | Segment	3
Operating revenue	$ 1,006,439	$ 928,103
Other [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Operating revenue	50,283	49,549
Other [Member] | Operating Segments [Member] | Other Insurance [Member]
Segment Reporting Information [Line Items]
Operating revenue	$ 16,873	$ 14,197

Segment Reporting - Summary of

Segment Reporting - Summary of Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Operating revenue	$ 1,006,439	$ 928,103
Operating earnings	43,550	52,033
Depreciation and amortization expense	67,870	63,895
Operating Segments [Member] | Truckload [Member]
Segment Reporting Information [Line Items]
Operating revenue	522,110	490,725
Operating earnings	38,520	42,188
Depreciation and amortization expense	50,413	43,783
Operating Segments [Member] | Intermodal [Member]
Segment Reporting Information [Line Items]
Operating revenue	181,090	184,825
Operating earnings	6,634	7,089
Depreciation and amortization expense	8,026	9,239
Operating Segments [Member] | Logistics [Member]
Segment Reporting Information [Line Items]
Operating revenue	183,904	166,750
Operating earnings	5,183	5,177
Depreciation and amortization expense	99	98
Operating Segments [Member] | Other [Member]
Segment Reporting Information [Line Items]
Operating revenue	50,283	49,549
Operating earnings	(6,787)	(2,421)
Depreciation and amortization expense	9,332	10,775
Operating Segments [Member] | Fuel Surcharge [Member]
Segment Reporting Information [Line Items]
Operating revenue	90,250	56,154
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Operating revenue	$ (21,198)	$ (19,900)