Schneider launches new intermodal service between the Southeast U.S. and Mexico
12 November 2024 - 1:00AM
Business Wire
Schneider is set to launch a new Intermodal service providing
continuous rail service between points in Mexico and Texas and
points in the Southeastern United States. Service on the new route
will begin in December.
The lane is a result of recently announced connection between
CSX Corp. (NASDAQ: CSX) and Canadian Pacific Kansas City (TSX: CP)
(NYSE: CP) (CPKC).
As strategic customer of both CSX and CPKC, Schneider National,
Inc. (NYSE: SNDR), a premier multimodal provider of transportation,
intermodal and logistics services, will provide this competitive
advantage to shippers, who have traditionally relied on
over-the-road transport in the Southeast.
This new service will connect growing markets in Mexico and
Texas with Florida and Georgia. Unlike truck transportation on this
Southeast-Mexico cross-border route, intermodal service with CPKC
provides a seamless, efficient border crossing, eliminating
potential delays and exposure to freight loss.
“This represents a major leap forward in our industry combining
the best-in-class service of two renowned railroads, and it will
transform the intermodal landscape,” said Schneider Executive Vice
President and Group President of Transportation and Logistics Jim
Filter. “Our customers can now enjoy unparalleled efficiency and
reliability in their supply chains.”
Filter added, “It will be especially useful for shippers looking
to diversify their transportation solutions and support and fortify
nearshoring strategies.”
This service is a testament to the dynamic collaboration between
CSX, CPKC and Schneider.
“By leveraging the strengths of our combined networks, we are
able to provide customers with unparalleled efficiency, reliability
and security in their supply chains,” said CSX Executive Vice
President and Chief Commercial Officer Kevin Boone. “This service
strengthens our commitment to delivering sustainable, innovative
transportation solutions that support the evolving needs of our
customers.”
“This new interchange we are establishing with CSX is going to
provide new competitive services and solutions to customers like
Schneider, reaching additional rapidly growing markets,” said CPKC
Executive Vice President and Chief Marketing Officer John Brooks.
“By providing more efficient options and routes for Schneider’s
current and future customers, we are bringing new capacity to
supply chains and taking trucks off the road. Our team is excited
to create this truck-competitive service with Schneider and to
expand on our shared success.”
Service highlights:
- Industry-leading service: CSX and CPKC are both
excellent service providers with long track records of providing
solutions with truck-like transits.
- Enhanced security: CPKC maintains unmatched security for
cross-border rail shipments. Clearing customs in-transit and
avoiding a hand-off at the border eliminates stops in route that
can expose freight to theft.
- Reliable transit: Experience consistent, truck-like
daily transit between the Southeast and Mexico. CPKC’s proprietary
Laredo train bridge crossing has been the only intermodal service
unaffected by shutdowns at the U.S.-Mexico border.
- Superior sustainability: Schneider’s intermodal
solutions offer a 62% reduction in CO2 emissions compared to Tier 5
truckload transportation.
- Maximized payload: Increase payload and savings by 10%
or more with Schneider’s lightweight, company-owned equipment and
specialized heavy-haul permits.
- Industry expertise: With a robust presence and over 30
years of experience in Mexico, Schneider is the cross-border expert
shippers can trust.
This new service is also a major step toward Schneider’s
ambitious sustainability goal of doubling its Intermodal capacity,
significantly reducing carbon emissions and promoting greener
logistics solutions.
To learn more about Schneider Intermodal go to
https://schneider.com/freight-shipping-solutions/intermodal.
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.
Schneider has been safely delivering superior customer
experiences and investing in innovation for nearly 90 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 X:
@WeAreSchneider.
About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is
the first and only single-line transnational railway linking
Canada, the United States and México, with unrivaled access to
major ports from Vancouver to Atlantic Canada to the Gulf of México
to Lázaro Cárdenas, México. Stretching approximately 20,000 route
miles and employing 20,000 railroaders, CPKC provides North
American customers unparalleled rail service and network reach to
key markets across the continent. CPKC is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit cpkcr.com to
learn more about the rail advantages of CPKC.
About CSX
CSX, based in Jacksonville, Florida, is a premier transportation
company. It provides rail, intermodal and rail-to-truck transload
services and solutions to customers across a broad array of
markets, including energy, industrial, construction, agricultural
and consumer products. For nearly 200 years, CSX has played a
critical role in the nation’s economic expansion and industrial
development. Its network connects every major metropolitan area in
the eastern United States, where nearly two-thirds of the nation’s
population resides. It also links more than 240 short-line
railroads and more than 70 ocean, river and lake ports with major
population centers and farming towns alike. More information about
CSX Corporation and its subsidiaries is available at
www.csx.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241108952605/en/
Kara Leiterman, Media Relations Manager M 920-370-7188
leitermank@schneider.com
Canadian Pacific Kansas ... (NYSE:CP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Canadian Pacific Kansas ... (NYSE:CP)
Historical Stock Chart
From Dec 2023 to Dec 2024