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Reading the Tea Leaves: Knight-Swift Earnings 📉
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16,000+ drivers. 48 states. 3 countries. One mission: getting home safe. 🚛
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- Echo Global Logistics acquiring ITS Logistics. - Winter Storm Fern could disrupt freight across the country. - Knight-Swift posts a Q4 loss as margins tighten. Your Morning Minute is here 👇 | FreightWaves
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- Echo Global Logistics acquiring ITS Logistics. - Winter Storm Fern could disrupt freight across the country. - Knight-Swift posts a Q4 loss as margins tighten. Your Morning Minute is here 👇 | FreightWaves
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FacebookFreightWaves
Knight-Swift slashes H1 2024 expectation by more than half. 📌 Knight-Swift Transportation cut earnings expectations by 58% for the first half of the year. 🚫 The adjusted earnings per share for the first quarter will range between 11 and 12 cents compared to a 39-cent outlook provided in late January. Knight-Swift’s new outlook for the first quarter includes an 8-cent-per-share loss associated with the shutdown of its third-party insurance business. In total, it lost $125 million last year, $72
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Knight-Swift slashes H1 2024 expectation by more than half. 📌 Knight-Swift Transportation cut earnings expectations by 58% for the first half of the year. 🚫 The adjusted earnings per share for the first quarter will range between 11 and 12 cents compared to a 39-cent outlook provided in late January. Knight-Swift’s new outlook for the first quarter includes an 8-cent-per-share loss associated with the shutdown of its third-party insurance business. In total, it lost $125 million last year, $72
2.8K viewsApr 17, 2024
FacebookTruck Driver News
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Partnerships like this>>> Introducing the new Fleet of Miracles truck featuring our National Champion Coale. This is partnership in action, turning every mile Knight-Swift drives into a visible reminder that kids and families are counting on all of us. We’re grateful for partners like Knight-Swift who continue to show up in bold ways to help fund critical care at children’s hospitals. Keep an eye out for these trucks on the road in 2026! Swift Transportation | Children's Miracle Network
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