Schneider Investor Presentation
Current quarter
"Our enterprise achieved record earnings of over $530 million in 2021,"
said Mark Rourke, Chief Executive Officer and President of Schneider.
"These results are a direct reflection of our strategic initiatives to grow
across our portfolio, with an emphasis on dedicated, intermodal, and
logistics. Dynamic network management, new business wins in
dedicated, growth in our intermodal container fleet, and increased
leverage of the Schneider Freight Power® platform were all contributors to
meaningful margin expansion in the quarter and the year. I am deeply
grateful to all of our associates, especially our professional driver
community, for their ongoing efforts to advance our strategies."
"On December 31, 2021, we acquired 100% of the equity interest in
Midwest Logistics Systems, Ltd. (MLS), a leading dedicated carrier
in the central United States. With the acquisition of MLS, we are on
track to generate $1 billion in dedicated revenues."
"As we look ahead, we anticipate that the supply and demand conditions
experienced in 2021 will extend well into 2022," Rourke commented. "We
expect continued capital allocation toward both organic and inorganic
growth opportunities to further differentiate our platform."
The path forward
SCHNEIDER
"In 2022, we anticipate continued excess demand conditions with
gradual supply chain improvement as the year progresses," Rourke
commented. "We will continue to invest in our drivers and technology,
reduce our tractor age of fleet, and support our strategic initiatives to
grow dedicated, intermodal, and logistics. Based on these and other
market expectations, our guidance for full year 2022 adjusted diluted
EPS is $2.35 $2.55 which includes MLS. We expect a full-year effective
tax rate of approximately 25%, and our net capital expenditures guidance
for full year 2022 is approximately $450 million."
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