Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile
JB Hunt and Knight-Swift beat Q2 earnings on double-digit contract rate gains and 15.44% tender rejections as regulatory barriers keep new carriers out and…
#Knight Swift
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Spot Rates Hold at $3.51/Mile as Diesel Falls, Capacity, Not Fuel, Drives Pricing
Knight-Swift truckload operating income up 69% year over year. Tender rejections at 14.36%, flatbed at 23%. Carriers say regulatory pressure and driver…
Knight-Swift's Iron Insurance Lost $130M Before Regulators Noticed
Telematics-for-coverage program wrote policies on thousands of new entrants during 2021-2022 freight boom. Premium collection collapsed when rates turned.…
Kevin Knight Steps Down as Knight-Swift Executive Chairman
The co-founder who built Knight Transportation from startup to mega-carrier exits the executive suite after 36 years.
Knight-Swift Reports Q1 Net Loss, No Fleet Hardware Impact
Phoenix truckload carrier cites improving freight conditions as invalid capacity exits market. No equipment spec changes, recalls, or maintenance updates…
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.