Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Zero-emission vehicles
• Diversity and Inclusion
• Safety

Environmental Achievements

• Achieved more than 1.5 million zero emission miles with our almost 100 battery electric truck fleet.
• Opened a massive charging facility with the ability to charge 32 trucks simultaneously at our Intermodal Operations Center in Southern California.
• Opened The Grove, a state-of-the-art innovation center that leverages both geothermal and solar energy.

Social Achievements

• Added to the gender and racial diversity of our board and leadership team.
• Women drivers represent 13% of our driver population (ahead of industry average).
• Recognized 92 associates who earned their one million or more safe driving miles awards.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Unfavorable economic and market conditions impacting customer shipping volumes, industry freight demand, and operating costs.
• Intense price competition in a highly competitive and fragmented industry.
• Dependence on major customers.
• Difficulties attracting and retaining qualified drivers.
• Challenges with the implementation of a new ERP system.
• Risks associated with unionization.
• Increased cybersecurity risks associated with remote work.
• Significant capital requirements.
• Fluctuations in fuel prices.
• Dependence on railroads and port access.
• Risks associated with strategic investments.
• Interest rate risk.
• Dependence on third-party capacity providers.
• Severe weather and climate events.
• Potential impairment of goodwill and other assets.
• Fluctuations in effective tax rate.
• Significant insurance and claims expenses.
• Concentrated voting control.
• Stock price volatility.
• Anti-takeover provisions.
• Potential reclassification of independent contractors as employees.
• Increased costs of regulatory compliance.
• Risks related to environmental regulations and GHG emissions.
• Increasing scrutiny regarding ESG matters.
• Disruption of information technology systems.

Mitigation Strategies

• Implementing strategies to prepare for economic shifts.
• Leveraging capabilities to support customers’ supply chain objectives.
• Utilizing Schneider FreightPower® technology to operate profitably.
• Investing in driver recruitment, training, and retention programs.
• Implementing a new ERP system to increase efficiency and accuracy.
• Maintaining good associate relations.
• Implementing cybersecurity risk management programs.
• Actively managing fuel purchasing network and fuel surcharge programs.
• Investing in fuel-efficient fleet and exploring alternative fuel vehicles.
• Diversifying rail partnerships and monitoring port operations.
• Developing a disciplined selection criteria for acquisitions.
• Managing interest rate exposure through a mix of variable and fixed rate debt.
• Expanding capacity through Power Only offering.
• Investing in trucks with safety technology and active management.
• Regularly assessing goodwill and long-lived assets for impairment.
• Monitoring and evaluating proposed rule makings of regulatory agencies.
• Developing ESG initiatives and goals.
• Implementing robust cybersecurity measures.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events

Transition Risks

• Regulatory changes, market shifts to ZEVs

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Null

Certifications: EPA SmartWay® Transport Partner

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Battery-electric vehicles

Awards & Recognition

• EPA’s SmartWay® Award of Excellence
• National Safety Council’s Green Cross for Safety Award