Schneider National has taken another step forward in its goal of doubling its intermodal business by 2030.
The Wisconsin-based carrier on Friday announced it will partner with railroad Canadian Pacific Kansas City to expand its intermodal service between the upper Midwest and Mexico. Schneider said it will start moving freight on CPKC’s network by mid-May.
Schneider President and CEO Mark Rourke in a press release described the partnership as a “natural fit.”
“Our 30-plus years operating in Mexico and broad portfolio of services will bring an intermodal service offering into and out of Mexico that is comparable to the speed and efficiency of shipping over the road, but with the added benefit of sustainability,” Rourke said in a statement.
Schneider’s arrangement with CPKC expands its intermodal offerings, with access to CPKC’s north-south intermodal service between Chicago and all major points in Mexico, the company said in its announcement.
The carrier also touted the deal as a sustainable solution for shippers, in addition to services such as truckload and brokerage. The company boasts that it saves 700 million pounds of CO2 annually by working with railroads that can move a ton of freight up to 500 miles on a gallon of fuel.
In January, Schneider began a new West Coast intermodal arrangement with Union Pacific and has an existing relationship with CSX on the East Coast. Its intermodal fleet consists of 28,000 containers.
The company reported $315.5 million in intermodal revenue in Q4 2022, a 1% drop YoY.
