![]() ![]() But like others in the segment, the company faced labor shortages and equipment restraints head-on and had to slightly pivot its business operations.Īlso of note from 2021 are the companies that didn't make it. ![]() ![]() 5 on this year’s list, recognized strong demand across its business in 2021. Knight-Swift also announced plans in October 2021 to ramp up intermodal capacity. See more: Trucking analysts project 'steady' improvements for 2022Įarlier in 2021, Knight-Swift paid more than $1.3 billion for AAA Cooper Transportation, a move that gave it a less-than-truckload (LTL) network in the Southeast and Midwest. In 2021, Phoenix-based Knight-Swift acquired the parent company for Midwest Motor Express Inc. 4 on the 2022 list-are on a path toward building a national less-than-truckload business. For example, executives from Knight-Swift Transportation Holdings Inc.-ranked No. While uncertainties still loom, the freight volume outlook remains strong and some of the top for-hire companies on this year’s list have taken the next steps to set themselves up for success in the coming year. And many-if not all-of the trucking companies on this year’s FleetOwner 500 For-Hire list have not only had to endure slow equipment deliveries and widespread labor shortages, but they had to continue to serve their customers and remain a critical constant within the economy. Supply chain snarls began dominating headlines in the second half of 2021 and continue to do so, with the industry still reeling from the effects at the start of 2022. ![]()
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