Business Overview
CURRENT RESULTS AND OUTLOOK
4Q23 Truckload Results
Revenues increased primarily due to the
impact of dedicated organic and acquisitive
growth, partially offset by lower pricing in
network YoY.
Truckload network volumes improved and
price stabilized sequentially through the
quarter.
Earnings were lower YoY due to lower
network pricing, as well as increased claims
cost, a net loss on the sale of equipment and
inflationary costs.
Long term margin target 12-16%
Revenues excluding
fuel surcharge
Income from
operations
$545
$551
$69
$19
4022
4023
4022
4023
Margin
12.6%
3.4%
4022
4023
Average tractor fleet
Dedicated
â– Network
5,967
6,641
4,539
4,301
4022
4023
22
22
SCHNEIDER
Revenue and income from operations in millions. See Appendix for non-GAAP reconciliations.View entire presentation