Reported about 14 hours ago
Knight-Swift Transportation experienced a 3.5% drop in shares following a disappointing third-quarter earnings report, falling short of analysts' expectations. The company's outlook for the fourth quarter also appears weak, despite management noting some positive discussions with customers. Revenue declines and cost issues, particularly in the truckload division, highlight ongoing struggles, while the logistics and intermodal sectors show signs of slight improvement.
Source: YAHOO