Schneider National Tops $3 Billion In Revenues

March 2, 2005
Battling industry issues with driver capacity, rail service, rising fuel costs and increasing insurance premiums, Schneider National achieved positive financial performance in 2004

Battling industry issues with driver capacity, rail service, rising fuel costs and increasing insurance premiums, Schneider National achieved positive financial performance in 2004, including a 68% increase in its brokerage. Schneider National’s intermodal service also posted double-digit growth, according to the company, though it did not release specific figures.

The privately held transportation and logistics company reported consolidated revenue growth in 2004, ending the year with $3.2 billion in revenues.

In late January, the company announced it would add 10 new regional brokerage offices in 2005, increasing its network to 27. The new offices will be located in Indianapolis, Indiana; Seattle, Washington; Tulsa, Oklahoma; Charlotte, North Carolina; Harrisburg, Pennsylvania; Detroit, Michigan; New Orleans, Louisiana; Boston, Massachusetts; St. Louis, Missouri and Monterrey, Mexico.

Latest from Transportation & Distribution

#53673151@Petar Dojkic|Dreamstime
Trucking Industry Objects to DOL Rule on Contractors
#64128824@Igor Groshev| Dreamstime
Analysis of Red Sea Shipping Crisis