Relief for depressed US trucking sector with green shoots of a recovery
Over the past seven or eight months, reflection in the US trucking industry has been ...
© Andreistanescu
On the heels of a disappointing Q4 that pushed it behind earnings targets, Knight-Swift, the largest of the US truckload carriers, intends to expand through an acquisition in the LTL sector, while expecting a challenging first half for its core segment.
Shipments by truck in the fourth quarter suffered their largest drop since the height of the pandemic, according to the US Bank Freight Payment Index.
While Knight-Swift Transportation’s management had braced for a subdued spot market and infrequent project activity, general freight ...
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