Schneider announces new All-In Revenue Choice Lease program

Rhea-AI Summary

Schneider (NYSE: SNDR) has launched a new leasing program for owner-operators called the All-In Revenue Choice Lease. This initiative aims to expand load options, offering access to dedicated loads, spot freight, and pop-up fleet loads through Schneider's Choice Portals. The program features a flat rate system, eliminating the need for fuel surcharges or additional fees. The All-In Revenue Choice Lease replaces the previous Percent of Revenue Lease program, while maintaining the user-friendly self-dispatch feature. Schneider continues to prioritize owner-operators' freedom and success in their business operations.

Positive

• Launch of the All-In Revenue Choice Lease program enhances options for owner-operators.
• Increased access to various load types, including dedicated and spot freight.
• Introduces a flat rate system, simplifying payments for owner-operators.

Negative

• None.

New leasing option provides more choices for owner-operators

Green Bay, Wisconsin, April 06, 2021 (GLOBE NEWSWIRE) -- Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, is announcing a new program designed to provide owner-operators with more opportunities and load options.

The new All-In Revenue Choice Lease program offers owner-operators doing business with Schneider access to even more – and different types of – loads via Schneider’s Choice Portals. including:

• Dedicated loads
• Spot freight
• Pop-Up fleet loads

With the All-In Revenue Choice Lease program, van and tanker freight viewed and selected by owner-operators in the Choice Portal will include a posted all-in or flat rate, meaning there’s no calculating fuel surcharges or accessorial charges.

“Every business owner wants more choices,” said John Bozec, senior vice president of Schneider’s Van Truckload division. “Whether it’s more choices to improve your revenue, your areas of operation or whatever is most important in your business – we get it and we’re excited to help owner-operators achieve their goals and run successful business operations.”

The All-In Revenue Choice Lease program replaces Schneider’s Van Truckload Percent of Revenue Lease program. However, the easy-to-use self-dispatch and load search functionality – Pick, Click and Go – within Schneider’s owner-operator Choice Portals will remain, just with even more choices.

“Small business owners should enjoy the freedom to run their business their way,” said Jason Howe, senior vice president of Schneider’s Bulk division. “Given our proud history as a company that grew from a one-truck operation in 1935, to the business relationships we have built with owner-operators over the decades, we look forward to providing yet another path to assist them in determining the best opportunities to succeed.”

Visit SchneiderOwnerOperators.com for more information about the program and business solutions for owner-operators.

 About Schneider

Schneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

With $4.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and Twitter: @WeAreSchneider.

Source: Schneider SNDR

 

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Attachment

• Schneider_All-In Revenue Choice Lease News Release

FAQ

What is the All-In Revenue Choice Lease program by Schneider?

The All-In Revenue Choice Lease program offers owner-operators enhanced access to load options, including dedicated and spot freight, under a flat rate payment system.

When was the All-In Revenue Choice Lease program announced?

The program was announced on April 6, 2021.

What does the new leasing program replace?

The All-In Revenue Choice Lease program replaces Schneider's Van Truckload Percent of Revenue Lease program.

How does the All-In Revenue Choice Lease benefit owner-operators?

It provides more choices for loads, simplifies payment processes with a flat rate, and maintains user-friendly self-dispatch functionality.

What types of loads can owner-operators access through the new program?

Owner-operators can access dedicated loads, spot freight, and pop-up fleet loads through Schneider's Choice Portals.