January 21, 2021

targets

Schneider Receives Target’s Middle Mile Award for Best Transportation Innovator

Carrier’s Dedicated service delivers best-in-class problem-solving solutions and innovation for retailer

Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, announced that its Dedicated service has been awarded the 2020 Target Middle Mile Award for Best Transportation Innovator.

As one of the country’s largest retailers, Target partners with transportation and logistics providers like Schneider that it counts on to adapt, innovate and deliver.

“We’re proud to be recognized by Target for our work in optimizing their transportation operations,” said John Bozec, senior vice president and general manager of Van Truckload and Dedicated at Schneider. “This award is further proof of Schneider’s commitment to going the extra mile for our customers by creating custom solutions that work for their unique needs.”

Target recognized Schneider because of its dedication and outside-of-the-box thinking. Schneider led two major initiatives that helped to improve Target’s transportation experience in 2020: establishing centralized overnight support and implementing auto arrival technology.

To ensure that Target would have the 24/7 support it needed to manage its shipping, Schneider trained a centralized team of associates to deliver updates to the Target team and respond to their questions – no matter the time of day. Schneider also established an auto arrival technology that provides Target with near real-time alerts when a truck leaves a distribution center or arrives at a store for delivery. The technology gives Target’s stores the ability to better plan ahead when a delivery is on the horizon.

To learn more about Dedicated freight services from Schneider, visit schneider.com/freight-shipping-solutions/dedicated.

About Schneider

Schneider is a premier provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

With nearly $5 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 80 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on LinkedIn and Twitter: @WeAreSchneider.

Source: Schneider SNDR

Media Contacts:

Schneider

John Claybrooks

920-592-MKTG (6584)

[email protected]

Erin Elliott

920-592-3555

[email protected]

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Owners of electric and hybrid vehicles in Texas face higher fees every year under a proposal that would help shore up the state’s road fund, which relies on a decreasing amount of motor fuel taxes.

Electric vehicles would be hit with an additional $200 registration and annual renewal fee, while hybrids, which use a combination of gasoline and electric power, would be taxed an additional $100 for registration and renewal, according to a proposal from state Rep. Ken King, a Panhandle Republican.

Revenue from the proposed fees would go to to the state highway fund which the Texas Comptroller reported had $14.2 billion in revenues during 2019 and expects revenues of $14.6 billion in 2020.

If the bill passes it would take effect Sept. 1, joining a majority number of states with extra fees for electric vehicles.   In several states the extra fees for electric vehicles have climbed so high that owners are paying more than they would have paid in gas taxes if they were driving gasoline-fueled vehicles, according to an analysis by the consumer  advocacy publishing company Consumer Reports. In some cases, electric vehicle owners are paying four times more than they would  have paid in gas taxes.

In Texas, drivers of gas- and diesel-powered vehicles pay a state tax of 20 cents a gallon that supports the highway fund, which is used to maintain state roads. But Texas motor fuel taxes have decreased as vehicles became more fuel efficient and electric vehicles and hybrids became more popular. In fiscal year 2020, which ended in August, Texas collected $3.5 billion in motor fuel taxes, 5.4 percent less than the $3.7 billion in fiscal year 2019.

PUMPING UP REVENUE: Texas, other states look to boost fees on EV’s to fund highway maintenance

Electric vehicles represented 1.8 percent of total U.S. vehicle sales in March 2019, up from 1.6 percent a year earlier, according to electric utility trade association Edison Electric Institute of Washington.

King, who represents a swath of the Panhandle stretching from Oklahoma to New Mexico, also introduced a bill this week that would add a 1 cent tax to every kilowatt hour of energy generated by wind, solar, coal and nuclear power. Power generation from natural gas would be exempt.

King could not be immediately reached for comment.

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By Stephen Nellis

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Nov 13 (Reuters) – Velodyne Lidar Inc said on Friday it would introduce a new lidar unit, a key sensor in self-driving cars, with a target price point of less than $500 and no moving parts.

Velodyne became a public company in September and is one of the several companies vying to supply automakers with lidar, a sensor that generates a three-dimensional map of the road ahead. Velodyne was an early entrant into the market and its units have powered research operations for many automakers.

Some of those early research units were bulky, contained many moving parts and cost well above $10,000. For mass production in passenger vehicles, automakers and their major suppliers seek units that are sleek enough to fit into attractive car designs and cost well below $1,000.

An increasing number of devices, such as Apple’s new iPad Pro and iPhone 12 Pro models, include lidar sensors that help with applications such as augmented reality, in which digital content is overlaid on the real world.

Velodyne on Friday floated the concept of Velarray H800, which could be “available at high-volume production levels with a target price of less than $500”, but did not say when the units would go on sale.

The autonomous vehicle technology company said the unit will have no moving parts – known as “solid state” in the industry – and will be small enough to fit behind the windshield of a car. The company said the sensor can be used for self-driving vehicles or existing driver-assistance features such as emergency braking and lane-keeping assistance.

Velodyne is among a trio of lidar technology developers coming to public markets. Silicon Valley firm Aeva Inc aims to go public by merging with blank-check acquisition company InterPrivate Acquisition Corp, and Luminar Technologies Inc is working through a similar transaction with Gores Metropoulos Inc. (Reporting by Stephen Nellis in San Francisco, Editing by Sherry Jacob-Phillips)

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