Schneider National, Inc.’s SNDR first-quarter 2019 earnings of 21 cents per share lagged the Zacks Consensus Estimate of 31 cents and also decreased 22.2% year over year. Results were hampered by a decline in Truckload revenues. Although operating revenues increased 4.8% to $1.19 billion, the same fell short of the Zacks Consensus Estimate of $1.24 billion. Revenues (excluding fuel surcharge) improved 6% to $1.08 billion.Meanwhile, income from operations (on a reported basis) plunged 24% to $51.5 million in the first quarter. Also, adjusted operating ratio deteriorated 180 basis points to 95.2%.Segmental HighlightsTruckload revenues (excluding fuel surcharge) slid 3% to $531.8 million. Revenue per truck per week for the segment slipped 2%. This downside was due to lower volume and asset utilization.Dedicated standard revenue per truck per week dipped slightly on a year-over-year basis.Income from operations at the segment tumbled 50% due to lower volumes, reduction in productivity and higher variable costs. Operating ratio deteriorated 320 basis points to 95.6% in the first quarter of 2019.Intermodal revenues (excluding fuel surcharge) rose 18% to $237.6 million on 3% growth in orders and a 13% rise in revenue per order. This improvement in revenue per order was primarily owing to carryover of rate renewals and an extended length of haul. In a bid to meet the surge in intermodal orders, the company increased its containers and trucks by 2.1% and 16.4%, respectively, on a year-over-year basis.Schneider National, Inc. Price, Consensus and EPS Surprise Schneider National, Inc. Price, Consensus and EPS Surprise | Schneider National, Inc. QuoteSegmental income from operations decreased 10% as a result of adverse weather conditions. Intermodal operating ratio deteriorated to 91.6% in the quarter from 89% in the year-ago period.Logistics revenues (excluding fuel surcharge) augmented 10% to $243.9 million, driven by 20% brokerage volume growth. Brokerage accounted for 76.7% of logistics revenues (excluding fuel surcharge) in the quarter compared with 76.9% in the prior year.Expanded brokerage volumes and net revenue management resulted in 32% surge in segmental income from operations. Operating ratio at the segment improved 70 basis points to 95.8% in the reported quarter. 2019 EPS View BearishThis Zacks Rank #5 (Strong Sell) company expects earnings per share between $1.50 and $1.60 for 2019, lower than the previous projection of $1.65-$1.75. The Zacks Consensus Estimate for the same stands at $1.61. Net capital expenditures are reiterated at approximately $340 million.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Upcoming ReleasesInvestors interested in the broader Transportation sector are keenly awaiting first-quarter earnings reports from key players, namely Expeditors International of Washington, Inc. EXPD, Air Lease Corporation AL and Azul AZUL. While Expeditors will release first-quarter earnings on May 7, Air Lease and Azul will announce the same on May 9.Will you retire a millionaire?One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”Click to get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Air Lease Corporation (AL): Free Stock Analysis Report Expeditors International of Washington, Inc. (EXPD): Free Stock Analysis Report Schneider National, Inc. (SNDR): Free Stock Analysis Report AZUL SA (AZUL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research