Royce Funds Comments on Knight Transportation

Guru stock highlight

Author's Avatar
Mar 09, 2016

Knight Transportation (NYSE:KNX) is also a TL carrier that operates primarily in the U.S. The company has more exposure to the non-contractual spot market, as opposed to longer-term, contractual business. I think those new regulations may cause spot-market prices to increase throughout 2016, which would benefit Knight’s business.

From Royce Funds' "What's Working in the Current Market?"