Schneider to Become One of the Largest Battery-Electric Truck Fleets in North America

Rhea-AI Summary

Schneider (NYSE: SNDR) announced a significant move towards sustainability with the deployment of 50 Freightliner eCascadias, marking one of the largest battery-electric truck fleets in North America. This initiative, part of the Joint Electric Truck Scaling Initiative (JETSI), aims to reduce carbon emissions by 7.5% per mile by 2025 and 60% by 2035. Schneider recognizes that utilizing BEVs will eliminate CO2 emissions, thus significantly cutting its carbon footprint. The initiative is supported by California's environmental agencies to enhance the availability of zero-emission heavy-duty trucks.

Positive

• Deployment of 50 Freightliner eCascadias as a step toward sustainable logistics.
• Participation in Joint Electric Truck Scaling Initiative (JETSI) to enhance zero-emission capabilities.
• Goal to reduce carbon emissions by 7.5% per mile by 2025 and 60% by 2035.
• Schneider recognized for innovation in fleet efficiency.

Negative

• None.

GREEN BAY, Wis.--(BUSINESS WIRE)-- Schneider (NYSE: SNDR), a premier provider of transportation, intermodal and logistics services, announced today a major battery-electric truck (BEV) deployment as part of the carrier’s plan to reduce greenhouse emissions.

Beginning in 2022, Schneider will add 50 Freightliner eCascadias — the truck manufacturer’s first commercial Class 8 battery-electric truck— to its Southern California intermodal operations, making the organization one of the largest battery-electric truck fleets in North America. Schneider has plans for more BEVs and route options.

Funding for the 50 BEVs was announced today as part of the Joint Electric Truck Scaling Initiative (JETSI), which is sponsored by the South Coast Air Quality Management District (South Coast AQMD), California Air Resources Board (CARB) and the California Energy Commission (CEC). The initiative is working to significantly increase the number of zero-emission heavy-duty trucks available for goods movement while achieving necessary emission reductions.

“Schneider’s sustainability initiatives got a big boost when we were selected to participate in the state of California’s Joint Electric Truck Scaling Initiative,” said Schneider President and CEO Mark Rourke. “The scaling of zero-emission vehicles is a key component of our goal to reduce carbon emissions by 7.5% per mile by 2025 and by 60% per mile by 2035.”

Since BEVs run on all battery power, CO2 emission production is zero no matter the distance, making a significant cut to the carrier’s carbon footprint. “We recognize the impact we can make through more significant innovation in fleet efficiency,” said Schneider Executive Vice President and Chief Administrative Officer Rob Reich. “Our primary sustainability focus is to minimize the environmental impact directly from our fleet.”

Schneider is already familiar with electric vehicle technology, having piloted an eCascadia for six months through Freightliner’s Customer Experience fleet. “Our drivers who tested the eCascadia really enjoyed it,” said Reich. “It’s a great driving experience.”

“It’s the close collaboration and co-creation with our customers like Schneider that allows us to bring the best products to market,” said Daimler Trucks North America Vice President of On-Highway Market Development Steve Mignardi. “After intensive testing we are now at the point of offering state-of-the-art electric trucks together with smart infrastructure solutions for our customers to electrify their fleets efficiently depending on market and application.”

To learn more about Schneider’s commitment to sustainability goals, visit Schneider.com/sustainability or to read Schneider’s 2020 Corporate Responsibility Report, visit: https://schneider.com/company/corporate-responsibility.

Note to the media: Soundbites, photos and b-roll are available at https://schneider.com/company/news/media-kit. Click on images and b-roll.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005758/en/

Kara Leiterman, Media Relations Manager

M 920-370-7188

leitermank@schneider.com

schneider.com/news

Source: Schneider SNDR

FAQ

What is Schneider's plan for battery-electric trucks?

Schneider plans to deploy 50 Freightliner eCascadias in Southern California as part of their sustainability initiatives.

When will Schneider begin the battery-electric truck deployment?

The deployment of the 50 battery-electric trucks will begin in 2022.

How does Schneider aim to reduce carbon emissions?

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

What are the benefits of the Joint Electric Truck Scaling Initiative?

The initiative aims to significantly increase the number of zero-emission heavy-duty trucks for goods movement, supported by California's environmental agencies.

What impact will Schneider's battery-electric trucks have on CO2 emissions?

The battery-electric trucks will produce zero CO2 emissions, thereby significantly reducing Schneider's carbon footprint.