Schneider’s expertise positions the company on Gartner's Third-Party Logistics Provider Magic Quadrant

Rhea-AI Summary

On July 16, 2021, Schneider (NYSE: SNDR) was recognized as a Challenger in the Gartner 2021 Magic Quadrant for Third-Party Logistics Providers in North America for the third consecutive year. This acknowledgment highlights Schneider's expertise, innovation, and service offerings in the logistics sector. The company is noted for its extensive range of transportation services and commitment to leveraging blockchain technology. With an annual revenue of $4.6 billion, Schneider continues to enhance customer experiences through its digital marketplace, Schneider FreightPower®.

Positive

• Recognized as a Challenger in the Gartner 2021 Magic Quadrant for Third-Party Logistics Providers.
• Strong reputation for a broad spectrum of transportation services and expertise.
• Active involvement in blockchain technology, being a founding member of the Blockchain in Transport Alliance.
• Annual revenue reported at $4.6 billion, demonstrating significant business scale.

Negative

• None.

Green Bay, July 16, 2021 (GLOBE NEWSWIRE) -- Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, announced it has been named a Challenger on the Gartner 2021 Magic Quadrant for Third-Party Logistics Providers in North America. 

Gartner placed Schneider in the Challenger category for the third straight year based on the company's expertise, innovation and robust service offerings to customers.  

"Being positioned on the Gartner Magic Quadrant strengthens the expertise, innovation and robust service offerings Schneider provides to customers," said Mike Kukiela, Schneider senior vice president of Supply Chain and Distribution Management. "As a company, we are extremely proud of this achievement. Companies evaluated in the Magic Quadrant are insight and service leaders within the 3PL industry."  

According to Gartner, Schneider's strengths include:  

• A well-respected, long-standing broad spectrum of transportation-related services and expertise – customers admire Schneider's industry-leading capabilities and progressive thought leaders.  
• Schneider's unique ability to understand its customers' challenges and design a suite of solutions across its platforms, and a proven track record of developing and implementing market solutions that drive excellent reliability and favorable costs.  
• Being one of the few participants piloting and driving forward blockchain in its organization and being a founding member of the Blockchain in Transport Alliance (BiTA) and continuing to be actively involved and committed to the exploration of blockchain.  

The Gartner Magic Quadrant evaluates the prominent third-party logistics providers in North America based on completeness of vision and ability to execute. 

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 does Schneider's recognition as a Challenger in the Gartner Magic Quadrant signify for SNDR investors?

Schneider's recognition indicates strong industry standing and reliability in logistics services, potentially reassuring investors about the company's growth prospects.

How has Schneider performed in the Gartner Magic Quadrant for 2021?

Schneider has been placed in the Challenger category for the third consecutive year, reflecting its expertise and innovative service offerings.

What are the key strengths of Schneider according to the Gartner report?

Key strengths include a comprehensive range of transportation services, a solid understanding of customer challenges, and leadership in blockchain technology.

What is Schneider's annual revenue as reported?

Schneider reported an annual revenue of $4.6 billion.

How does Schneider utilize blockchain technology in its operations?

Schneider is one of the few logistics companies actively piloting blockchain solutions and is a founding member of the Blockchain in Transport Alliance.