STOCK TITAN

Schneider FreightPower® provides shippers more access to capacity and greater visibility

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Schneider (NYSE: SNDR) has expanded its Schneider FreightPower® digital marketplace, enabling shippers to book, track, and confirm deliveries 24/7. Launched mid-2020, this platform connects small and large shippers with a vast capacity network, backed by Schneider's fleet of over 9,000 trucks and a growing number of third-party carriers. The new features enhance operational efficiency and access to resources within the $1.2 trillion transportation market. Schneider's focus remains on providing cutting-edge solutions to address shippers' needs and improve their logistics capabilities.

Positive
  • Expansion of Schneider FreightPower® digital marketplace enhances accessibility for shippers.
  • Increased operational efficiency with features like 24/7 booking and tracking.
  • Robust asset base includes over 9,000 trucks and 36,000 third-party carriers.
  • Targets $1.2 trillion small shipper market, creating growth opportunities.
Negative
  • None.

New digital marketplace expands capabilities for shippers

Green Bay, March 08, 2021 (GLOBE NEWSWIRE) -- Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services has expanded its impressive technology lineup of Schneider FreightPower® to now help shippers save time and increase their access to capacity backed by Schneider’s trusted service.

The company first announced its Schneider FreightPower® digital marketplace mid-year 2020, then rolled out the accompanying app to carriers in the fall. Today, Schneider is announcing the latest phase for shippers.

Schneider FreightPower® provides shippers with options to manage their businesses right at their fingertips. The digital marketplace allows shippers — big and small— to easily book, track and confirm delivery 24 hours a day seven days a week.

“Our goal is to make Schneider FreightPower® the digital access point for services and solutions for both shippers and carriers,” said Mark Rourke, president and CEO, Schneider. “Shippers of all sizes come to us with their toughest transportation challenges, and we are solving them faster than ever before. That means our customers get more value – and get more done in a day.”

With the launch of Schneider FreightPower®, Schneider is investing in a new, innovative digital capability to provide shippers with new sources of capacity. 

“We operate one of the largest North American freight networks with a powerful combination of our company assets of over 9,000 trucks, 59,200 trailers and intermodal containers, and a network of over 36,000 qualified third-party carriers and growing, all ready to deliver freight and exceed our customers’ expectations each and every day,” said Erin Van Zeeland, group senior vice president and general manager of Schneider Logistics Services.

“Schneider FreightPower® is an exciting, new way to differentiate Schneider and connect to small shippers and carriers which represent a $1.2 trillion segment of the transportation market,” said Rourke. “We are giving shippers time, solutions and the best at what we deliver— access to full Schneider capabilities and options.”

Schneider FreightPower® is backed by the company's strength, innovation and stability to push shippers’ businesses ahead with access to tools such as:

  • Instantly quote and book
  • Freight visibility 24/7 (load in process, last location, pickup and ETA), including email notifications (pickups, deliveries, and specific order completion)
  • Access to load documents
  • Real-time reporting

“It’s all about improving capacity, so shippers can do business better than ever before,” said Rourke. “We are giving our customers the best of what the industry has to offer with Schneider FreightPower®. It is our dedication to them to keep moving and delivering ahead.”

Shippers can access Schneider FreightPower® at schneider.com/freightpowershipping to learn more and register.

 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

 

-END-

Attachments


FAQ

What is the Schneider FreightPower® digital marketplace introduced by SNDR?

The Schneider FreightPower® digital marketplace is a platform that enables shippers to book, track, and confirm deliveries 24/7, improving access to logistics services.

When was the Schneider FreightPower® digital marketplace launched?

The Schneider FreightPower® digital marketplace was first announced in mid-2020.

How many trucks does Schneider operate?

Schneider operates over 9,000 trucks as part of its logistics services.

What market segment does Schneider FreightPower® target?

Schneider FreightPower® targets the $1.2 trillion segment of small shippers in the transportation market.

What are some key features of the Schneider FreightPower® platform?

Key features include 24/7 booking, real-time tracking, load visibility, and instant quoting.

Schneider National, Inc.

NYSE:SNDR

SNDR Rankings

SNDR Latest News

SNDR Stock Data

5.13B
41.75M
49.7%
68.98%
2.39%
Trucking
Trucking (no Local)
Link
United States of America
GREEN BAY