Schneider reports faster transit times and 99.98% security rate with CPKC on Mexico cross-border route | SNDR Stock News

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5 days ago
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  • Schneider National, Inc. (SNDR, Financial) reports a significant decrease in transit times on the Mexico to Chicago route with CPKC rail network.
  • The company achieves a 99.98% cross-border security rate, boasting one of the safest operations in the industry.
  • Schneider's intermodal volume in Mexico grew at twice the rate of the country's overall market growth in 2024.

Schneider National, Inc. (SNDR), a leading transportation and logistics company, has enhanced its cross-border service into Mexico by partnering with CPKC rail network. The transition has resulted in expedited transit times, with the average trip from Mexico to Chicago reduced by up to three days, compared to the industry average of seven days. The efficient single-rail solution has allowed Schneider to capture a growing share of the intermodal market.

The company reports a 99.98% security rate on the CPKC network, underscoring their commitment to superior security standards. Schneider is the sole carrier providing a single-rail cross-border intermodal solution, offering unmatched speed and reliability. Michael Baumgardt, Senior Vice President of Intermodal, emphasized the importance of speedy deliveries as customers benefit from quicker product availability on shelves.

With a substantial market presence in Mexico for over 30 years, Schneider attributes its intermodal volume growth to strategic investments and partnerships, including direct service additions from Mexico and Texas to the Southeast U.S. The company's volume increased at twice the rate of Mexico’s total cross-border intermodal market, which saw a 17% rise in 2024.

Investments like the completion of a second rail-only bridge over the Rio Grande River have further bolstered cross-border capacity, enhancing security with advanced technology. As the demand for efficient supply chains grows, Schneider remains poised for continued expansion, offering robust intermodal services to industries ranging from automotive to electronics.

For further information or to schedule a consultation regarding Schneider’s intermodal service, visit their website or contact their intermodal experts.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.