Why did SNDR's Q4 earnings fall short of forecasts?

Schneider National's (SNDR) Q4 earnings fell short of forecasts due to a combination of factors:

1. **Lower Freight Demand**: The company experienced lower freight demand, which negatively impacted its revenues. This decline in demand can be attributed to factors such as tariff uncertainty and slowing consumer spending.
2. **Network Price Issues**: There were issues with network prices, which led to a decrease in truckload revenues. This was a result of market conditions and the company's inability to pass on increased operating expenses to customers.
3. **Accident Claims**: The company had to deal with the aftermath of two accident claims, which added to the decline in earnings. Such claims can lead to increased costs and a negative impact on profitability.

In summary, Schneider National's Q4 earnings fell short of forecasts due to lower freight demand, network price issues, and accident claims. These factors combined to create a challenging environment for the company's financial performance during the period.