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Truckload carrier Schneider posted its earnings, achieving a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023. The Green Bay, Wis., company posted net income of $98 million, or 55 cents a diluted share, for the three months ending March 31. That compared with $92.1 million, or 52 cents, during the 2022 period. Total revenue decreased by 12% to $1.43 billion from $1.62 billion.
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By Transport Topics4.1
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Truckload carrier Schneider posted its earnings, achieving a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023. The Green Bay, Wis., company posted net income of $98 million, or 55 cents a diluted share, for the three months ending March 31. That compared with $92.1 million, or 52 cents, during the 2022 period. Total revenue decreased by 12% to $1.43 billion from $1.62 billion.
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