Earnings PerformanceKnight-Swift Transportation posted adjusted EPS of $0.35, up 17% year-over-year, above estimates.
Market PositionKnight-Swift Transportation is best positioned to capitalize on a recovery in the TL market, with clear margin upside through self-help and potential for operational leverage.
Revenue GrowthRevenue growth of 22% year-over-year is expected for the LTL segment due to the DHE acquisition, with an adjusted operating ratio improvement better than normal seasonality.