Knight-Swift Transportation Q4 Earnings Call Highlights
Chief Executive Officer Adam Miller said the truckload market was stable overall but lacked the broad seasonal demand lift until late in the quarter. Seasonal project activity arrived in October but “wound down quickly in early November,” resulting in lower-than-expected volumes. Management said December brought some improvement and a tightening spot market, though it appeared to be driven primarily by reduced available capacity rather than stronger demand.Knight-Swift reported a GAAP loss per diluted share ...