Schneider earns Chevron’s 2021 Lubricants Innovation award

Market Index Pricing offering helped overcome marketplace challenges

GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider (NYSE: SNDR), a premier multimodal provider of trucking, intermodal and logistics services is pleased to accept the 2021 Lubricants Innovation award from energy company Chevron for its Market Index Pricing offering.

Chevron created this award to honor carriers who provide creative solutions to capacity challenges in the industry. Schneider stood out for its authenticity and willingness to establish actionable solutions for Chevron freight.

“We are honored to receive an award that acknowledges the unparalleled solution Market Index Pricing offers shippers,” said Schneider Vice President Ben Schuchart.

The Market Index Pricing is a solution offered by Schneider to help shippers secure capacity through 100% order acceptance and transparent market pricing. It allows manufacturers to bypass the spot market by analyzing current purchasing behavior against third-party indexes.

Schneider works with over 60,000 carriers to ensure suitable prices for shippers, like Chevron, through the program. The solution delivers savings regardless of market direction or volatility with real-time, index driven pricing.

Schneider is proud to protect freight coverage during volatile times and deliver savings for all its customers, learn more about the Market Index Pricing by contacting an expert or visiting the dynamic pricing page.

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.

With nearly $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 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 Twitter: @WeAreSchneider.