Schneider National Makes More Major Cuts

To help contain costs and remain one of the trucking industry’s largest truckload carriers, Schneider National has decided to cut drivers’ holiday pay and begin instituting week-long unpaid furloughs for all employees, from the office and shop staff to those at the executive levels.Schneider National Truck

Beginning in February, Schneider suspended pay raises, stopped training and hiring inexperienced truck drivers, and announced it would defer retirement plan payments for the remainder of 2009. Now this. It seems that not only are the ‘small fries’ in the trucking industry having trouble staying afloat, but the ‘big boys’ are too.

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