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CSX Corporation | NASDAQ:CSX | NASDAQ | Common Stock |
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Schneider is set to launch a new Intermodal service providing continuous rail service between points in Mexico and Texas and points in the Southeastern United States. Service on the new route will begin in December.
The lane is a result of recently announced connection between CSX Corp. (NASDAQ: CSX) and Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC).
As strategic customer of both CSX and CPKC, Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, will provide this competitive advantage to shippers, who have traditionally relied on over-the-road transport in the Southeast.
This new service will connect growing markets in Mexico and Texas with Florida and Georgia. Unlike truck transportation on this Southeast-Mexico cross-border route, intermodal service with CPKC provides a seamless, efficient border crossing, eliminating potential delays and exposure to freight loss.
“This represents a major leap forward in our industry combining the best-in-class service of two renowned railroads, and it will transform the intermodal landscape,” said Schneider Executive Vice President and Group President of Transportation and Logistics Jim Filter. “Our customers can now enjoy unparalleled efficiency and reliability in their supply chains.”
Filter added, “It will be especially useful for shippers looking to diversify their transportation solutions and support and fortify nearshoring strategies.”
This service is a testament to the dynamic collaboration between CSX, CPKC and Schneider.
“By leveraging the strengths of our combined networks, we are able to provide customers with unparalleled efficiency, reliability and security in their supply chains,” said CSX Executive Vice President and Chief Commercial Officer Kevin Boone. “This service strengthens our commitment to delivering sustainable, innovative transportation solutions that support the evolving needs of our customers.”
“This new interchange we are establishing with CSX is going to provide new competitive services and solutions to customers like Schneider, reaching additional rapidly growing markets,” said CPKC Executive Vice President and Chief Marketing Officer John Brooks. “By providing more efficient options and routes for Schneider’s current and future customers, we are bringing new capacity to supply chains and taking trucks off the road. Our team is excited to create this truck-competitive service with Schneider and to expand on our shared success.”
Service highlights:
This new service is also a major step toward Schneider’s ambitious sustainability goal of doubling its Intermodal capacity, significantly reducing carbon emissions and promoting greener logistics solutions.
To learn more about Schneider Intermodal go to https://schneider.com/freight-shipping-solutions/intermodal.
About Schneider
Schneider is a premier provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.
Schneider has been safely delivering superior customer experiences and investing in innovation for nearly 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.
For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and X: @WeAreSchneider.
About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC.
About CSX
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241108952605/en/
Kara Leiterman, Media Relations Manager M 920-370-7188 leitermank@schneider.com
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