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Has US truck capacity peaked?

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Dec 20, 2015 at 07:02 AM CST
William B. Cassidy, Senior Editor http://www.joc.com/trucking-logistics/truckload-freight/knight-transportation/has-us-truck-capacity-peaked_20151218.html The surge in U.S. trucking capacity, brought on by massive truck orders in 2014 and weaker freight demand in 2015, is tugging at the bottom line at Knight Transportation. Long one of the most profitable U.S. truckload carriers, Knight is lowering expectations for fourth-quarter earnings per diluted share by 3 to 7 cents to 31 to 33 cents per share.

Dec 20, 2015 at 07:02 AM CST