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Stock impact report

Schneider sees truckload tide turning [Yahoo! Finance]

Schneider National, Inc. (SNDR) 
Last schneider national, inc. earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: investors.schneider.com
Company Research Source: Yahoo! Finance
In This Article SNDR Schneider wouldn't speculate on the magnitude of expected rate increases in 2025. (Photo: Jim Allen/FreightWaves) Schneider National noted some green shoots across the modes it serves and said truckload demand has returned to normal seasonal patterns. The Green Bay, Wisconsin-based multimodal transportation provider said Thursday it started seeing spot rates exceed contract rates (typically the requisite precursor to a positive inflection in contract rates) around last Thanksgiving, with the trend accelerating from that point into 2025. Schneider's customers have been, “more receptive to rate restoration,” as “the freight market is continuing its path to recovery,” President and CEO Mark Rourke told analysts on a quarterly call. He said seasonal strength in retail-related shipments was partially offset by prolonged auto production shutdowns in the fourth quarter. The company benefitted from “unseasonal strength” in intermodal volumes in the quarter and Show less Read more
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