Knight-Swift posted Q2 net income attributable to shareholders of $43.19 million, up 26.1%; GAAP diluted EPS rose to $0.26, up 23.8%.
Total revenue climbed 12.6% to $2.1 billion; operating income increased 44.4% to $104.85 million.
Operating ratio improved 1.1 percentage points to 95%; adjusted operating ratio tightened 2.4 percentage points to 91.4%.
Adjusted net income attributable to shareholders rose 79.7% to $102.75 million; adjusted EPS increased 80% to $0.63.
CEO Adam Miller cited rapid truckload tightening, with spot rates and contract negotiations moving higher; June truckload rate gains reached high single-digits.
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