Tuesday, January 17, 2012

Schneider National extends CSX contract

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Green Bay, Wis.-based Schneider National, Inc., announced Tuesday it has signed a new, multiyear agreement with CSX Transportation, under which the Class I railroad will serve as one of Schneider’s primary rail providers. The agreement sets the stage for sustained, long-term service within the Eastern U.S. as Schneider’s intermodal freight volumes continue to increase, the company said.

“The expansion of our relationship with CSX will create a strong foundation for Schneider Intermodal’s continued growth and our customer’s success,” said Bill Matheson, president of Intermodal Services for Schneider National. “We’re recommitting the expertise of one of the nation’s major railroads and one of the largest intermodal providers at a time when truckload capacity is getting tighter and shippers need creative new solutions to move freight. The combined value of Schneider’s asset-based intermodal service and CSX’s reliable performance provides solutions our customers expect.”

The agreement provides Schneider customers with capacity, operational interfaces,and access to preferential loading in some circumstances that will increase accessibility and efficiency of rail moves. Additionally, capital investments that CSX has made in projects such as the northwest Ohio intermodal terminal will continue to improve infrastructure while expanding its service offerings to fuel Schneider’s growth, the company said.

CSX became Schneider’s primary Eastern rail provider in 2008, the company also said.

“The current economic conditions and business environment tell us there will be more interest than ever in finding cost-effective, reliable modes for moving freight,” said Bill Clement, vice president-Intermodal of CSX Transportation. “Increased use of intermodal service is certain to be a part of that conversation, and few do it as well as Schneider National. We’re thrilled to continue our relationship with them.”