By Sabela Ojea

 

Knight-Swift Transportation on Thursday posted a significant drop in revenue in the second quarter as demand for its truckload services continued to decline. Shares of the largest North American truckload carrier. Shares fell 3.3% to $54.00 in after-hours trading.

CSX Corp. recorded a decline in top- and bottom-line results against a backdrop of challenges including long-running staffing shortages and intermodal activity. Shares of the Jacksonville, Fla.-based railroad, which operates in much of the eastern U.S., declined 4.7% to $32.14 in after-hours trading.

 

Write to Sabela Ojea at sabela.ojea@wsj.com

 

(END) Dow Jones Newswires

July 20, 2023 19:04 ET (23:04 GMT)

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