US intermodal picking up steam as trucking woes continue
After a long trough of sluggish performance, US intermodal traffic is growing, and the market ...
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It was in July 2021 when, carefully looking at Phoenix-based trucking and logistics firm Knight-Swift (KNX), its stock in the high-$40s, we highlighted this palatable strength-to-strength growth story –> then reiterating a bullish view at the end of that year, while flagging what a cool broken record it was in Q4 22.
Thursday 26 January 2023 came, the day its unaudited Q4/annual numbers were released after the market closed, and the first headline I sighted didn’t bode well for the narrative – ...
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