Schneider in February acquired American Overseas, a Southern California freight forwarder and in August 2005 bought ocean container delivery and transloading company American Port Services. American Overseas had about 50 employees at the time of the takeover. American Port Services manages about 1,500 workers, but many are independent subcontractors hired as truck drivers and warehousemen.
Schneider has also shed workers with the sale this summer of its Freight Payment Services unit to U.S. Bank and its specialized flatbed division to Maverick Transportation. About 200 freight payment specialists transferred to U.S. Bank. Schneider Specialized had 425 drivers.
Schneider said the workforce adjustment affects less than 1 percent of its 22,300 employees. About 120 of the positions are located at the company’s Green Bay, Wis. headquarters and cut across all departments.
The company continues to hire people, primarily truck drivers, and expects its total payroll to increase by the end of 2006.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now