Knight-Swift Transportation, one of the largest trucking companies in the United States, is facing a tumultuous period marked by disappointing financial results and a bleak outlook for the year ahead.
As a response to these challenges, this week the company has conducted a series of layoffs affecting an undisclosed number of employees at the company, according to various sources.
These developments come on the heels of a second-quarter earnings miss and lowered full-year earnings guidance,...
https://www.freightwaves.com/news/knight-swift-lays-off-employees-after-expressing-market-weakness