Schneider National to cut 170 jobs

published: cw 34, 2006 in Mergers & acquisitions

Following recent acquisitions that have increased its global workforce by more than 1,100 associates, Schneider National Inc., has announced that it is undergoing a company-wide ?staff alignment effort? to support the company’s growing global strategy.


Impacted associates were informed of the job changes Wednesday morning. Job changes are effective immediately, with impacted associates coming from departments across the organization. Company support for non-redeployed associates includes salary continuation packages, career transition services and an extended Employee Assistance Program. ?We are doing everything possible to assist impacted associates, consistent with our core value of respect,? Fliss said.

According to CEO and President Chris Lofgren, the workforce realignment is another aspect of Schneider?s evolving global strategy. In June, the company announced plans to divest its Specialized and Payment Services divisions, and within the last year has acquired two new subsidiaries, American Port Services and American Overseas Air Freight in support of its international strategy.

?Schneider National has a strong financial and operational foundation. We stay strong by making good decisions and changing when we need to change,? said Lofgren. ?While this is a normal, ongoing part of any business, it doesn?t diminish the fact that there are a number of associates impacted by the decisions we make to achieve our long-term objectives. Achieving these goals benefits our customers, suppliers, carriers, our company and our associates.?

Schneider National Inc. is a premier provider of truckload, logistics and intermodal services. Serving more than two-thirds of the FORTUNE 500? companies, Schneider National offers the broadest portfolio of services in the industry. The company?s transportation and logistics solutions include One-Way, Intermodal, Transportation Management, Dedicated and Bulk. With wholly owned subsidiaries Schneider Logistics, American Port Services and American Overseas Air Freight, Schneider National is the only truckload carrier to offer customers end-to-end domestic and international logistics solutions.

Source: Schneider National


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