CEO of the largest US trucking company predicts ‘difficult’ quarter for transport industry

A week before the largest U.S. trucking company reports third-quarter earnings, Knight-Swift Transportation CEO David Jackson is preparing investors for the volatility in the industry to hit the company’s bottom line. “The freight environment is difficult. It has been more difficult than people expect from earnings standpoint,” Jackson said in an interview, adding he expects other truck and rail stocks to be similarly impacted.