Management from Knight-Swift Transportation acknowledged improving data points over the past few weeks but said it’s still too soon to say the truckload market has seen a meaningful positive inflection.
The Phoenix-based company reported adjusted earnings per share of 36 cents for the fourth quarter Wednesday after the market closed. The result was at the high end of management’s guidance range of 32 to 36 cents and 3 cents better than the consensus estimate.
Knight-Swift (NYSE: KNX) reiterated...
https://www.freightwaves.com/news/costs-from-acquisitions-rapid-growth-weigh-on-knight-swifts-q4