Schneider National Inc (FRA:SNIA)
€ 19.9 -0.1 (-0.5%) Market Cap: 3.63 Bil Enterprise Value: 3.80 Bil PE Ratio: 25.26 PB Ratio: 1.33 GF Score: 88/100

Schneider National Inc at Cowen Global Transportation Conference (Virtual) Transcript

Sep 09, 2020 / 01:20PM GMT
Release Date Price: €23.6 (+2.61%)
Jason H. Seidl
Cowen and Company, LLC, Research Division - MD & Senior Research Analyst

Hi, everyone. We're back here, continuing our day 1 session at Cowen's 13th Annual Global Transportation & Sustainable Mobility Conference. I'm the Cowen's transport analyst, Jason Seidl.

With me today is Schneider National, very pleased to have them. Their CFO, Stephen Bruffett; and their Head of IR, Steve Bindas. Gentlemen, welcome. Thank you for coming.

I'm going to jump right into the Q&A portion of this to make sure we keep rolling along and are on time.

Questions & Answers

Jason H. Seidl
Cowen and Company, LLC, Research Division - MD & Senior Research Analyst

I want to talk a little bit about spot rates in the truckload marketplace. Clearly, of late, they've been extremely strong. I mean we're closing in on peak 2018 levels. Given that trucking is purely a supply/demand-driven marketplace. What's having more of an impact on this move upward? Is it demands coming back? Or has supply come out of the market? Or is it a

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