Schneider to add nearly 100 battery electric trucks to its fleet

Rhea-AI Summary

Schneider (NYSE: SNDR) is set to take delivery of nearly 100 Class 8 battery-electric vehicles (BEVs) for its operations in Southern California. This includes the first Freightliner eCascadia from Daimler Truck North America, expanding Schneider's electric fleet to one of the largest in North America. The company aims to reduce CO2 emissions per mile by 7.5% by 2025, with the new BEVs expected to avoid over 81,000 pounds of CO2 emissions daily. Schneider has already achieved a 5% reduction towards this goal.

Positive

• Expanding fleet with nearly 100 new BEVs, enhancing sustainability initiatives.
• Achieved over half of its 2025 CO2 emissions reduction goal (5%).
• Potential to avoid over 81,000 pounds of CO2 emissions daily.

Negative

• None.

The carrier also announces the first of its Freightliner eCascadia order is ready to roll off the assembly line

GREEN BAY, Wis.--(BUSINESS WIRE)-- Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, will soon begin taking delivery of nearly 100 Class 8 battery-electric vehicles (BEVs) at its intermodal operations in Southern California.

The first of Schneider's first battery-electric trucks, fresh off the line at Daimler Truck North America's (DTNA) factory in Portland, Oregon. (Photo: Business Wire)

Schneider’s first Freightliner eCascadia, manufactured by Daimler Truck North America (DTNA), is set to roll off the assembly line at the Portland, Oregon, DTNA plant.

The carrier had previously reported orders for 62 eCascadias. Now the company will deploy an additional 30 BEVs from DTNA. As a result, Schneider will have one of the largest electric fleets in North America, marking a critical step in the company’s efforts to operationalize zero-emission vehicles into its truck fleet.

“The integration of nearly 100 zero-emission vehicles is an important milestone for Schneider as we are moving beyond the battery-electric truck testing phase to running an operation at scale,” said Schneider President and CEO Mark Rourke. “In combination with rail movement, we can offer our intermodal customers meaningful emissions reduction value by utilizing BEV dray trucks.”

Battery-electric trucks are crucial in meeting Schneider’s sustainability goals of reducing CO2 per-mile emissions by 7.5% by 2025 and 60% by 2035. Schneider has already achieved more than half of its 2025 goal by reducing per-mile emissions by 5%. Battery-electric trucks will help further meet these goals.

Schneider has long pushed innovation in efficiency by running one of the most efficient fleets in North America.

The new eCascadias have the potential to avoid over 81,000 pounds of carbon dioxide emissions per day. Over the course of a year, that is equivalent to removing 2,400 gas-powered cars from the road.

Schneider is already familiar with electric vehicle technology, having piloted an eCascadia for six months through Freightliner’s Customer Experience fleet. The drivers who tested the eCascadia reported really enjoying driving the truck.

“As the leading heavy-duty truck manufacturer, we are fully committed to reduce emissions with our vehicles and to move the commercial transportation industry into a more sustainable future,” said DTNA Senior Vice President Sales and Marketing David Carson. “We are proud to share the same vision with Schneider and to partner closely with them on integrating eCascadias into their fleet.”

For more information on Schneider’s sustainability and innovation efforts, please visit: https://schneider.com/company/corporate-responsibility.

About Schneider

Schneider is a premier provider of transportation, intermodal 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 $5.6 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221205005701/en/

Kara Leiterman, Media Relations Manager

M 920-370-7188

leitermank@schneider.com

Source: Schneider SNDR

FAQ

What is Schneider's plan for battery-electric vehicles in 2023?

Schneider plans to take delivery of nearly 100 Class 8 battery-electric vehicles (BEVs) in Southern California, expanding its fleet significantly.

How many Freightliner eCascadia trucks has Schneider ordered?

Schneider has ordered a total of 92 Freightliner eCascadia trucks, including 62 previously reported plus an additional 30.

What are Schneider's sustainability goals regarding CO2 emissions?

Schneider aims to reduce CO2 emissions per mile by 7.5% by 2025 and by 60% by 2035.

What environmental impact will Schneider's new fleet have?

The new fleet of BEVs is expected to avoid over 81,000 pounds of CO2 emissions daily, roughly equivalent to removing 2,400 gas-powered cars from the road.