Knight-Swift More Confident in Up Cycle Despite Guidance Cut

[Stay on top of transportation news: Get TTNews in your inbox. ] Knight-Swift Transportation is confident the nascent truckload market turnaround will be sustained, noting April 16 that a plethora of key freight market fundamentals point positively enough to the longest sector downturn in industry memory reversing. Phoenix-based Knight-Swift made the call as the carrier cautioned investors that its first quarter of 2026 adjusted earnings per share is expected to be 8-10 cents, compared with earlier guidance of 28-32 cents. The carrier’s post-market announcement is intended to reset expectations ahead of the release of earnings for the first quarter on April 22.