Knight-Swift Transportation said the truckload market has fundamentally shifted with little help from demand. The post Knight-Swift says shippers already seeking peak-season capacity appeared first on FreightWaves.

The company cited a tightening truckload market and higher fuel costs from the war in Iran, but said trends in transportation markets are improving.

What Happened? Shares of freight delivery company Knight-Swift Transportation (NYSE:KNX) jumped 4.8% in the afternoon session after a Bank of America analyst raised the company's stock price target, citing improving supply dynamics in the trucking industry.

Knight-Swift Transportation Holdings Inc. stock has reached a new milestone, hitting an all-time high of 66.99 USD. Trading at 67.38 USD, the stock sits just 1% below its 52-week high of 66.61 USD. This achievement underscores the company’s robust performance over the past year,

[Stay on top of transportation news: Get TTNews in your inbox.] Knight-Swift Transportation Holdings delivered an increase in revenue and earnings despite challenging freight market conditions during the second quarter of 2025, the company reported July 23.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America’s largest and most diversified freight transportation companies, has released its earnings for the quarter ended March 31, 2026.

Knight-Swift Transportation stock reached a 52-week high, hitting $64.17 recently. This achievement underscores a significant upward trend for the company, which has seen its stock price climb substantially over the past year.

The company said it now expects adjusted earnings between 8 cents and 10 cents a share, down from a range of 28 cents to 32 cents.