Knight-Swift Continues to Grapple With Rising Operating Expenses

Knight-Swift Transportation Holdings Inc. (KNX) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Factors Weighing on KNX Stock: High costs related to driver wages, equipment, maintenance, fuel and other expenses are restricting Knight-Swift’s bottom-line growth. During the first nine months of 2024, salaries, wages and benefits expenses rose 18.6% year over year, while operations and maintenance expenses climbed 20.9%. Escalating fuel costs (up 6.7% ...