We recently compiled a list of the 11 Best Freight Stocks To Buy Now. In this article, we are going to take a look at where Knight-Swift Transportation Holdings Inc. (NYSE:KNX) stands against the other freight stocks. The Red Sea Crisis & Shipping Challenges The Red Sea accounts for 30% of global container trade via the […]
Knight-Swift (KNX) expects net cash capital expenditures for 2024 in the $625-$675 million band.
While it’s not the most encouraging topic, should a severe market correction occur, forward-thinking contrarians may want to consider transportation stocks to buy. Yes, it’s a boring sector but there’s a method to the madness. First, the sector represents the real economy; that is, it’s where the rubber meets the road, literally and figuratively. Sure, the initial crash is painful for this and other industries. However, once the economy – because it always does – the transportation sector may be