Knight-Swift Transportation’s 2023 outlook comes in as expected, potentially establishing a higher earnings trough for the carrier.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Los transportadores dicen que la demanda de la temporada alta, los proyectos de carga, “nada de eso se materializó
Truckload carriers prepare for the other side of the freight boom.
Most of the commentary from management teams is pessimistic about the macroeconomy.
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
‘En las próximas 4 semanas sabremos qué teoría es la correcta’
Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
Knight-Swift Transportation reported another big quarterly result Wednesday. However, it appears the stretch of rapid growth will moderate as the comps have stiffened.
