Knight-Swift Transportation said it is seeing normal seasonal demand trends and that it is capturing rate increases in its truckload business. It tempered the update by saying what happens to demand after Thanksgiving is an unknown that will ultimately impact at least the beginning of next year’s bid season.
Knight-Swift (NYSE: KNX) reported third-quarter adjusted earnings per share of 34 cents Wednesday after the market closed. The result was at the top end of management’s guidance range (31 to...
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