earnings | Commercial Carrier Journal
Across the top publicly traded fleets, a few themes remain constant: Rates and volumes are high, labor is short, and tech platforms hold the promise of customer satisfaction.
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Across the top publicly traded fleets, a few themes remain constant: Rates and volumes are high, labor is short, and tech platforms hold the promise of customer satisfaction.
Commentary from trucking executives at an investor conference suggests the capacity crunch may last well into next year.
Transportation and logistics provider Schneider aims to double its intermodal size by 2030, reducing CO2 emissions by 700 million pounds annually.
Share: Schneider National (NYSE: SNDR) is driving toward a 7.5% reduction of CO2 emissions per mile by 2025 and a 60% reduction of CO2 emissions per mile by 2035. Sustainability goals were laid out in the trucking, logistics and intermodal service provider's first corporate responsibility report, which was published Wednesday. A Schneider spokesperson told FreightWaves an expansion of zero-emission vehicles and improved diesel efficiency will help the company reach these emissions-intensity goals. "We'll begin to add battery electric vehicles to our fleet in 2022 and look forward to testing...
Schneider beats Q1 estimates, raises 2021 outlook ‘OEM supply chain issues’ will reduce 2021 capex plan 0 49 2 minutes read Full-year guidance raised 8% (Photo: Jim Allen/FreightWaves) Pointing to strong freight demand, the expectation for improving intermodal rail service and a lack of drivers that will keep rates elevated, Schneider National (NYSE: SNDR) raised its 2021 earnings per share guidance Thursday. The new outlook calls for a range between $1.60 and $1.70, up from the prior call of $1.45 to $1.60 and ahead of the current consensus estimate of $1.59. The Green Bay, Wis...