Schneider announces zero full-load thefts in 2020

Rhea-AI Summary

Schneider (NYSE: SNDR) announced achieving zero cargo theft in 2020, a notable accomplishment considering the company transported over nine million freight miles daily across North America. Despite an increase in trailer thefts, Schneider maintained a 99.9% theft-free rate due to its comprehensive security measures and the dedication of its professional drivers. This achievement reflects Schneider's commitment to delivering secure shipments during challenging times, further solidifying its reputation in the logistics industry.

Positive

• Achieved zero cargo theft in 2020, enhancing company reputation.
• Maintained a 99.9% theft-free rate, demonstrating robust security measures.
• Professional drivers' commitment contributed to overall success during the pandemic.

Negative

• None.

Green Bay, Wis., May 19, 2021 (GLOBE NEWSWIRE) -- In a year when our nation’s supply chains were tested, Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, truly delivered. The company is pleased to announce today that it achieved a zero-theft status for cargo in 2020. This is a significant accomplishment considering Schneider moves more than nine million miles of freight each day across North America.  

Throughout 2020, Schneider and its professional drivers remained committed to maintaining the highest levels of security, ensuring customers received shipments in full. This dedication to safety and security is worth noting; according to CargoNet, the leading cargo theft prevention and recovery company, trailer thefts nearly doubled in 2020 when compared to 2019 figures. 

“Schneider’s success is a testament to our training and the work of our professional drivers,” said Jim Filter, chief commercial officer and senior vice president, Schneider. “Thanks to our drivers’ diligence and dedication to serving our customers and consumers during the pandemic, we were able to continue delivering ahead.” 

Schneider has regularly maintained a 99.9 percent theft-free rate to ensure the safety of our customers’ cargo. The company previously achieved a zero-theft load year in 2014.  

“Schneider has been able to beat the full load cargo theft odds because of its holistic approach to security, which eliminates theft prevention gaps from beginning to end for truckload and intermodal moves,” said John Bozec senior vice president, Schneider. “Multiple technologies, procedures and training provide a multilayered effect that strengthens the supply chain and achieves zero cargo theft results.” 

“It’s important to continue preparing and educating drivers and owner-operators,” said Bozec. 

Learn more about Schneider’s cargo safety efforts. 

Note to the media: For Schneider images and b-roll please see the Schneider Media Kit. 

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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FAQ

What significant achievement did Schneider (SNDR) announce in 2021?

Schneider announced achieving zero cargo theft in 2020, despite industry challenges.

How many miles of freight does Schneider move daily?

Schneider moves over nine million miles of freight each day across North America.

What is Schneider's theft-free rate?

Schneider maintains a theft-free rate of 99.9%, showcasing their strong security protocols.

What impact did Schneider's drivers have on cargo security?

The commitment of Schneider's professional drivers was crucial in achieving zero cargo theft.

How does Schneider ensure cargo security?

Schneider employs a holistic security approach, utilizing technology and training to prevent theft.