Schneider named FreightTech 100 company

Rhea-AI Summary

Schneider (NYSE: SNDR) has been recognized as a 2022 FreightTech 100 company, highlighting significant innovation in the freight industry. The award emphasizes disruption and breakthroughs, with an announcement planned for the FreightWaves F3 Future of Freight event on November 9-11. With a focus on AI and partnerships, Schneider is advancing logistics solutions while committing to reducing greenhouse emissions. The company aims for a 7.5% reduction in carbon emissions per mile by 2025 and 60% by 2035. Schneider also previously featured on the FreightTech lists in 2019 and 2020.

Positive

• Recognition as a 2022 FreightTech 100 company for innovation in the freight industry.
• Plans to deploy battery-electric Freightliner eCascadias, contributing to a larger battery-electric fleet in North America.
• Commitment to reduce carbon emissions by 7.5% per mile by 2025 and 60% by 2035.

Negative

• None.

Transportation provider honored for breakthroughs in innovation

Green Bay, Wisconsin, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Schneider (NYSE: SNDR), a premier provider of transportation and logistics services, is honored to announce the company has been named a FreightWaves 2022 FreightTech 100 company. The award honors innovation and disruption within the freight industry.  

A group of industry CEOs will select 25 companies on the 100 list for the FreightTech 25, which is announced at the FreightWaves F3 Future of Freight Virtual Experience, November 9-11.  

Schneider sets the pace in the transportation and logistics industry related to game-changing innovation. Whether deploying cutting-edge AI and data science capabilities, providing rich experiences for shippers and carriers through Schneider FreightPower®, or making industry-shaping investments and relationships with Mastery Logistics and TuSimple, Schneider is always delivering, always ahead.  

“Our blend of scale, agility and experience means the company can take on new challenges alongside our customers and stakeholders, so they don’t go at it alone,” said Schneider Executive Vice President and Chief Information Officer Shaleen Devgun. “We help them win while removing the roadblocks that stand between them and better outcomes.”   

The company’s commitment to innovation is matched only by its dedication to reducing greenhouse emissions and improving energy efficiency. Schneider recently announced the 2022 deployment of battery-electric Freightliner eCascadias, making the company one of the largest battery-electric fleets in North America. The trucks will significantly reduce Schneider’s carbon footprint and move the company toward the goal of reducing carbon emissions by 7.5 percent per mile by 2025, and a reduction of 60 percent per mile by 2035.   

Schneider is pleased to be back on the FreightTech list. The company also highlighted on the 2020 FreightTech 25, 2020 FreightTech 100 and 2019 FreightTech 100 lists. 

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 nearly $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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• Schneider named FreightTech 100 company

FAQ

What is the significance of Schneider's FreightTech 100 recognition in 2022?

Being named a FreightTech 100 company highlights Schneider's commitment to innovation and disruption in the freight industry.

When will Schneider be featured in the FreightWaves F3 Future of Freight event?

Schneider's recognition will be announced at the FreightWaves F3 Future of Freight event, scheduled for November 9-11, 2021.

What are Schneider's carbon emission reduction goals?

Schneider aims to reduce carbon emissions by 7.5% per mile by 2025 and by 60% per mile by 2035.

How does Schneider's digital marketplace, FreightPower, benefit shippers?

FreightPower provides shippers access to an expanded, flexible capacity network, enhancing logistics efficiency.

What new technology is Schneider implementing in its fleet?

Schneider plans to deploy battery-electric Freightliner eCascadias, aiming to improve energy efficiency and reduce emissions.