Margin ExpansionKnight highlighted multiple next-cycle opportunities, including tightening capacity from regulatory and financial attrition, as well as structural cost improvements positioning the company for outsized margin expansion in a stronger market.
Operational ImprovementsAdjusted operating income of $32M in the LTL segment exceeded the estimate and increased 10.1% year-over-year, marking the first improvement in five quarters as operational and cost initiatives gained traction.
Regulatory BenefitsThe Administration's focus on trucking regulation has the potential to materially impact capacity, benefiting KNX.