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During the proposal season, a knight-fast fight with tariff-heard customers


Knight-Swift traffic has reduced the second quarter worldview on Wednesday, and “Customers fight the situation of liquefied trade policy,” he decided to “fight customers with liquid trade.”

The Phoenix-based transport and logistics provider increases the first quarter expectations, 28 kopecks and 4 kopecks better than 4 kopecks and a higher rate of 16 kopecks over the year. But analysts Earning expectations for trucks As the neighbor is closed and threatened around the tariffs of freedom.

Knight-Swift’s (NYSE: KNX) The results of the first quarter have benefited from 29 to 33 kopecks to 29 to 33 kopecks, $ 8.8 million or 4 cent tailed equipment sales.

Table: Knight-Swiftin Basic Performance Indicators - Combined
Table: Knight-Swiftin Basic Performance Indicators – Combined

Director General Adam Miller said he was a positive momentum for the start of the first quarter to analysts on Wednesday, but in March, the uncertainty of trade was pale. He said that some customers imported from China and others canceled the rapidly changing tariff policy, they received a waiting and seeing an approach.

Miller, in the first half of April, said that the first quarter of the truck load is equal to the exit rate.

The adjustable EPS management was expanded in the second quarter and was reduced from 46 to 50 kopecks between 30 and 38 cents. (The consensus estimates were 40 kopecks during printing.) The company spoke about the third quarter guide, but when he gave results in the second quarter in July, one was reported to be provided. He will decide to lead two quarters at that time.

Table: Knight-Swiftin Basic Performance Indicators - Truckload
Table: Knight-Swiftin Basic Performance Indicators – Truckload

The TL unit reduced 4% Y / Y income to $ 1.05 billion (excluding fuel losses). The average tractors in the service increased by 6% Y / Y, but the tractor increased by 2%, as the number of fleets continues to increase the use of the operator. It was Y / Y for the first consecutive quarter per tractor.

The company said that the current proposal season has increased the ratio of a second-digit agreement, but said that the market weakened the market in the last few weeks. The mile loaded in the first quarter (excluding fuel) has increased 1% Y / Y, in 10 quarters. Knight-Swift is still waiting to see the results of a positive rate this year, but noted that several offerings with the largest customer offers in the third quarter will be held in several proposals.

The TL unit is 95.6% adjustable operating ratio (processing margin), 170 key points and in Y / Y. US XPress saw a transaction profit because the first time acquisition In July 2023.



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