Business & Investment

Schneider makes a “difficult” decision to move its business from Canada

One of North America’s largest truck companies has closed its business in Canada and moved its equipment to the United States.

Based in Green Bay, Wisconsin Shenaider Earlier this month, it announced that it would close its facility in Guelph, Ontario, Canada. With $ 4.5 billion in revenue in 2020, the company said in a statement that its Canadian business “does not fit into Schneider’s long-term strategic focus.”

The company said it plans to leave Canada by the end of March.

The company’s entire statement states:

“On January 14, 2022, we announced a change in the company’s approach to Canada-based businesses. Despite years of dedication and best efforts, Canada-based businesses are Schneider’s long-term strategy. Not in focus. This decision was difficult .. This change will affect all 150 Canada-based associates and drivers. We will work with associates during the transition. Company trucks and equipment. Will be transferred to a US-based network to continue to serve our customers. Assets in Gerf, Ontario. Schneider plans to suspend its Canadian-based business by the end of March. All Canadian employees We will notify our personnel and keep in touch regularly over the next few months. “

Schneider has a total of 13,029 drivers.

Earlier this month, Schneider announced the acquisition of Midwest Logistics Services, which operates approximately 900 tractors in 30 locations in the central United States.

Schneider makes a “difficult” decision to move its business from Canada

https://www.truckersnews.com/news/article/15287457/schneider-makes-difficult-decision-to-move-operations-out-of-canada Schneider makes a “difficult” decision to move its business from Canada

Back to top button