Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Q4 2023 Earnings Call Transcript

Adam Miller: Yes. So a couple of things, Scott. First of all, because I look at the same way at times in because your mine gets stuck in thinking we’re just a truckload carrier. And also, you’re thinking that truckload carrier that has a nice fourth quarter. So we certainly didn’t see the lift in the fourth quarter. And so we don’t expect to take the same step down from Q4 to Q1. And then usually, LTL, fourth quarter is not a great quarter for LTL. They see a little bit of a lift into Q1, which we’d expect. And then some of the non-reportable excluding the insurance, like I mentioned, the warehousing business, you see that slow down meaningfully in Q4, and then that ramps back up into Q1. So there’s some counter seasonal businesses that we’ve layered into the model, which we mean you don’t see the same volatility from Q4 to Q1.

Scott Group: Okay. That make sense. Thank you, guys.

Adam Miller: Well, thanks, Ina, for helping moderate our call. Everybody, we appreciate you joining and your interest in our company. Enjoy your evening.

Operator: Thank you. That does conclude our conference for today. Thank you all for participating. You may now disconnect.