The nation’s largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), reported Wednesday fourth-quarter adjusted earnings per share of 94 cents, ahead of the consensus estimate of 91 cents and well ahead of the year-ago result of 55 cents.
The Phoenix-based company reported continued improvement in its truckload segment with revenue, excluding fuel, up 9% year-over-year and adjusted operating income climbing 64%. Revenue per tractor increased 11% as rate per loaded mile, excluding...
https://www.freightwaves.com/news/knight-swift-q4-first-look-big-improvement-as-expected