# In the News

#### Journal of Commerce: Shippers putting ‘greater-than-expected pressure’ on freight rates: Knight-Swift

*Apr 18, 2024*

Trucking provider Knight-Swift Transportation Holdings is significantly lowering its earnings expectations for the first quarter as capacity remains loose and shippers try to hammer down pricing.

[Read More >](https://www.joc.com/article/shippers-putting-greater-expected-pressure-freight-rates-knight-swift_20240418.html)

#### Overdrive: More ‘big rips’: Owner-ops flag biggest broker margins they’ve seen

*Apr 18, 2024*

DAT analytics chief Ken Adamo's "Big Rips and Fat Lips" look at broker margins -- the percentage of a shipper's payment the broker keeps after paying the carrier -- focused on outlying large takes (those rips) and very-small cuts or even money-losing loads (the lips).

[Read More >](https://www.overdriveonline.com/voices/article/15668932/ownerops-report-the-biggest-broker-margins-theyve-seen)

#### Supply Chain 247: Baltimore Bridge Collapse: Impact on Freight Navigating

*Apr 18, 2024*

It's been almost a month since a massive cargo ship crashed into Baltimore’s Francis Scott Key Bridge, and the data is starting to roll in about its impact on the supply chain.

[Read More >](https://www.supplychain247.com/article/baltimore-bridge-collapse-freight-navigating-impact)

#### Yahoo: The US freight recession keeps getting deeper

*Apr 18, 2024*

A leading freight company is seeing its stock tank after weak trucking volumes led to a first-quarter earnings miss on both profit and sales.

[Read More >](https://finance.yahoo.com/news/us-freight-recession-keeps-getting-235723166.html)

#### Air Freight News: DAT: Refrigerated truckload rates fell in March on modest volumes

*Apr 17, 2024*

Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.

[Read More >](https://airfreight.news/articles/full/dat-refrigerated-truckload-rates-fell-in-march-on-modest-volumes)

#### Food Market: 7-Eleven, Inc. Completes Acquisition of 204 Stripes Stores

*Apr 17, 2024*

7-Eleven, Inc. ("7-Eleven"), the premier chain in the convenience-store industry, announced today the successful completion of its acquisition of 204 stores from Sunoco LP, which includes Stripes® convenience stores and Laredo Taco Company® restaurants.

[Read More >](https://www.foodmarket.com/News/R/1276013/0/7-Eleven-Inc-Completes-Acquisition-of-204-Stripes-Stores)

#### Food Logistics: Refrigerated Truckload Rates Fell in March

*Apr 17, 2024*

Spot truckload rates continued to slide in March as demand for trucking services moved toward typical seasonal levels, reported DAT Freight & Analytics.

[Read More >](https://www.foodlogistics.com/transportation/trucking/news/22893348/dat-solutions-refrigerated-truckload-rates-fell-in-march)

#### Land Line Now: Podcast: Time to start your engines for produce season

*Apr 17, 2024*

The unofficial start to produce season has been announced. On this week’s Market Update, we’ll discuss with Robert Rouse of DAT how that will impact certain markets.

[Read More >](https://landline.media/podcast/podcast-time-to-start-your-engines-for-produce-season/)

#### Trucking Dive: Knight-Swift rejects unsustainable rates, projects earnings hit

*Apr 17, 2024*

A soft market is slated to bring a major earnings hit for Knight-Swift. Its adjusted earnings per share is slated to range from 11 cents to 12 cents now, down from a previous projection of 37 cents to 41 cents.

[Read More >](https://www.truckingdive.com/news/knight-swift-pre-q1-2024-earnings-adjustment/713433/)

#### Produce Blue Book: DAT Truckload Volume Index: March rates dropped on modest volumes

*Apr 17, 2024*

[Read More >](https://www.producebluebook.com/2024/04/17/dat-truckload-volume-index-march-rates-dropped-on-modest-volumes/#)