TPM: Declining shipments will drive consolidation in US LTL sector
A gloomy outlook for demand and rates in the US trucking market will drive consolidation ...
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The largest US truckload carrier by revenue is under new leadership: CEO and president David Jackson has left, to be replaced by CFO Adam Miller.
Neither Mr Jackson nor Knight-Swift’s board offered any explanation for the sudden departure after nearly 24 years, other than a remark by the outgoing CEO that it was “time for a change and for the next generation to take the baton”.
He has presided over a string of depressed quarterly results, the latest of which, Q4 23, ...
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