'One FedEx' blossoms, takes Mr Market's pulse with Freight spin-off allure
Here we go…
“Truckload freight demand saw a modest seasonal lift in November before slowing more than anticipated in December. The seasonal lift in November was not enough to offset the productivity disruption we typically experience during the holidays. This not only impacted (…) our truckload business, but logistics and intermodal as well.” – Knight-Swift CEO David Jackson, Q4 23/annual results call with analysts (emphasis in bold added).
Knight-Swift’s (KNX) annual numbers released after the US market closed on Wednesday, 24 January ...
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