Sustainable Growth and Financial Review
First quarter 2022
Key Takeaways
> Truckload revenues increased 21% compared to 1Q21 due to
dedicated new business growth, the inclusion of MLS, and
favorable revenue and network management, partially offset
by a lower Truckload network fleet count and lower productivity
mainly related to early first quarter COVID-impacts. Truckload
operating ratio was 78.2% in 1Q22 compared to 91.5% in 1Q21.
> Intermodal revenues increased 18% compared to 1Q21 due to
increased revenue per order, which improved 16% compared
to the prior year, and volume growth despite fluidity challenges.
Intermodal operating ratio was 87.1% in 1Q22 compared to 92.2%
in 1Q21.
> Logistics revenues increased 53% compared to 1Q21 due
to increased revenue per order and 24% brokerage volume
growth over the prior year. Logistics operating ratio of 92.3%
in 1Q22 compared to 95.5% in 1Q21.
Metric¹
1Q22
1Q21
Operating Revenues
$1,621
$1,229
Revenues (xFSC)
$1,455
$1,138
Adj Income from
$148
$76
Operations
Adj Net Income
$102
$55
Adj Diluted EPS
$0.57
$0.31
Adj EBITDA
Notes:
1
See Appendix for non-GAAP reconciliation. In millions, except for per share amounts.
6 Investor presentation
$232
$149
SCHNEIDERView entire presentation