‘Inflection’ nowhere in sight as mixed US freight market seeks direction
Health check: bottom, what bottom?
For Knight-Swift (KNX) management, it was another “wait-and-see” call with equity analysts yesterday, 24 July, after the US market closed.
CEO Adam Miller (pictured above) was very clear following the release of mixed Q2 24 numbers, about where we stand at the moment in land transport stateside (emphasis in bold added):
“Again, we don’t want to sit here and call the inflection. Again, we saw positive signs (…), we can’t call it a trend yet. But we’ve seen this market move rapidly, ...
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