Sustainable Growth and Financial Review slide image

Sustainable Growth and Financial Review

Current quarter "During our five years as a public company, we have achieved meaningful progress toward our strategic objectives," said Mark Rourke, Chief Executive Officer and President of Schneider. "We set out to build a leading multimodal transportation platform that operates at scale and and is resilient through business cycles. The progress we have made, as further evidenced by our first quarter results, provides momentum and excitement for the future." "During the first quarter, revenue management and new dedicated business helped mitigate inflationary cost pressures and ongoing capacity headwinds in our network truckload business. Our recent acquisition, MLS, is performing well and we have begun to realize anticipated synergies," Rourke continued. "Revenue per order grew 16% in our Intermodal segment, supported by container additions and effective revenue management, while our Logistics segment, augmented by expansion of our Power Only offering and Schneider FreightPower®, grew both revenue and earnings over the prior year and delivered a record operating ratio of 92.3%." The path forward "We anticipate steady improvements to network and supply chain fluidity throughout 2022," Rourke commented. "Based on our first quarter results and company-specific market positioning, our updated full year adjusted diluted earnings per share guidance is $2.55-$2.70, an increase from our prior guidance of $2.35-$2.55. Our full year guidance for net capital expenditures is updated to $500 million, up from approximately $450 million." SCHNEIDER Investor presentation
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