US intermodal picking up steam as trucking woes continue
After a long trough of sluggish performance, US intermodal traffic is growing, and the market ...
ID
126309247
© Henadzi Pechan
|
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 ...
Comment on this article