In This Article:
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Enterprise Revenue (excluding fuel surcharge): $1.26 billion, up 8% year over year.
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Adjusted Income from Operations: $44 million, a 47% increase year over year.
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Adjusted Operating Ratio: Improved by 90 basis points compared to Q1 2024.
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Adjusted Diluted Earnings Per Share: $0.16, compared to $0.11 last year.
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Truckload Revenue (excluding fuel surcharge): $614 million, 14% increase year over year.
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Truckload Operating Income: $25 million, up nearly 70% year over year.
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Truckload Operating Ratio: 95.9%, improved by 130 basis points compared to Q1 2024.
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Intermodal Revenue (excluding fuel surcharge): $260 million, 5% increase year over year.
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Intermodal Operating Income: $14 million, a 97% increase year over year.
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Intermodal Operating Ratio: 94.7%, improved by 250 basis points compared to Q1 2024.
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Logistics Revenue (excluding fuel surcharge): $332 million, 2% increase year over year.
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Logistics Operating Income: $8 million, a 50% increase year over year.
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Logistics Operating Ratio: 97.6%, improved by 70 basis points compared to Q1 2024.
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Total Debt and Finance Lease Obligations: $577 million.
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Cash and Cash Equivalents: $106 million.
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Net Debt Leverage: 0.8 times at the end of the quarter.
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Net Capital Expenditures: $97 million, compared to $112 million last year.
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Free Cash Flow: Increased by approximately $9 million compared to Q1 2024.
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Full Year 2025 EPS Guidance: $0.75 to $1.
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Full Year 2025 Net CapEx Guidance: $325 million to $375 million, down from $400 million to $450 million previously.
Release Date: May 01, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
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Schneider National Inc (NYSE:SNDR) reported an 8% increase in enterprise revenues excluding fuel surcharge, reaching $1.26 billion compared to the previous year.
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The acquisition of Cowan Systems has been immediately accretive, contributing to a 14% increase in Truckload revenues and a 70% improvement in Truckload operating income year over year.
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Intermodal segment nearly doubled its earnings compared to the previous year, driven by a 4% order growth and increased shipping activity in the west of Mexico.
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Logistics segment improved earnings by 50% year over year, supported by effective net revenue management and the strength of the Power Only offering.
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The company has established a target of more than $40 million in additional cost reductions across the enterprise, focusing on AI-based digital assistant technologies and digital employee models to enhance productivity.