LTL price hikes by US carriers expected to stick, despite softer market
Although demand has declined slightly, general rate increases announced by major LTL carriers in the ...
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© Henadzi Pechan
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Dreamstime.com
“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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