Growing Number of Schneider Owner-Operators Find Success with
Expanded Percent-of-Revenue Lease Program
Ability to dispatch themselves, increased earnings cited as key program benefits
GREEN BAY, Wis. – January 7, 2008 – Choosing your own load assignment and compensation isn’t usually part of the job description for an owner-operator. That is, unless you drive for Schneider National. The premier provider of transportation, logistics and intermodal services recently introduced a percent-of-revenue lease program that is making owner-operators more successful in today’s highly competitive environment.
Paired with Schneider’s long-standing mileage-based program, the new lease program provides owner-operators the ability to choose the compensation option that best fits their needs. Owner-operators looking to control their own destiny, unlike forced-dispatch programs that may not maximize their time or earning potential, have begun looking to Schneider to get the most out of their time on the road, their time at home and the loads they deliver.
Joe Fennel, an owner-operator who has driven for Schneider for over 14 years, enjoys the freedom of dispatching himself on routes he chooses. “I can go online anytime, day or night, point and click and I’m on my way. There are no agents to negotiate with and there is higher income potential — I couldn’t ask for a better scenario. I like knowing my loads, where I’m taking them and what’s coming up next. It gives me the chance to manage my business the way I want to.”
The percent-of-revenue lease option pays 65 percent of the line-haul revenue and 100 percent fuel surcharge with no trailer rental fees. Owner-operators can view all of Schneider’s freight opportunities in their market, regionally and nationally, before selecting a load online. This driver-friendly tool provides owner-operators with the ability to view all loads for that day and look ahead to select their next load.
“We recognize that owner-operators are at the core of our success,” said Mike Bethea, director of operations, truckload contractors for Schneider National. “Whether our owner-operators feel the mileage-based program or the new percent-of-revenue option is best for them, they have the freedom to manage their own business and increase their revenue. Our owner-operators who select their own loads average $1.30-$1.35 per mile and $165,000 per year.”
The percent-of-revenue program allows owner-operators to choose their freight, miles, locations, route and the amount of revenue they bring in. The program has directly resulted in an increase in the number of owner-operators signing on to the Schneider National team in the last six months. According to Bethea, the company has seen a 22 percent increase in owner-operators joining Schneider since the program launched. This increase has prompted an expansion of the program to Schneider’s Indianapolis Operating Center as a base for managing owner-operators. This is in addition to its Charlotte, N.C. Operating Center.
The Schneider National percent-of-revenue-based lease option is available to owner-operators in all states east of the Mississippi River as well as Louisiana, Arkansas, Missouri, Iowa, Minnesota, Texas, Oklahoma and Kansas. Schneider owner-operators, and those looking to join Schneider, must have at least one year of experience as an owner-operator to participate in the new program. The new lease option is available for all safe, compliant, service-oriented and profit-driven professionals with reliable equipment.
“No matter what lease program owner-operators choose, they are eligible to take advantage of the money-saving Schneider Purchase Power Program™,” added Bethea. “This option passes on savings to owner-operators on fuel, tires, maintenance and other business costs that can put a strain on an owner-operator’s pocketbook. Our goal is to provide owner-operators the opportunity to be successful and make money.”
Owner-operators interested in the percent-of-revenue program can view an online demonstration at schneiderjobs.com to learn about how to book their own loads using FreightPlace and generate a list of loads based on their own criteria. Owner-operators can also call 1-800-44-PRIDE (1-800-447-7433) for more information on the percent-of-revenue or mileage-based programs Schneider National offers.
About Schneider National, Inc.
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, Bulk, Supply Chain Management, Warehousing and International Logistics services.
Headquartered in Green Bay, Wis., Schneider National has provided expert transportation and logistics solutions for more than 70 years. A $3.7 billion company, Schneider National conducts business in more than 28 countries in North America, Europe and Asia and continues to grow its international service offerings. For more information about Schneider National visit www.schneider.com or call (800) 558-6767.
Hiebing Schneider National, Inc.
Erin Elliott Janet Bonkowski, APR
(800) 558-6767, Ext. 3555 (920) 592-2865 (o)
(608) 268-4405 (920) 655-0381 (m)