Knight-Swift Q1 Earnings, CSX Intermodal Growth, & Shell Starship 3.0 | The Morning Minute
In this episode, we dive into the truckload sector where Knight-Swift is signaling a surprisingly bullish outlook on market fundamentals despite reporting a messy first quarter. We discuss how recent weather disruptions and fuel headwinds have exposed market tightness, leading the carrier to target high single to low double-digit rate increases during bid season. Shifting gears to the rails, we examine CSX's stronger first-quarter earnings, which were driven by a combination of lower costs and higher shipment volumes. The railroad's quarterly operating income surged 20%, heavily supported by…
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