The Morning Mile — Thursday, Oct. 22
Knight-Swift beats Q3 expectations, El Paso starts truck inspections on Transmountain, NC-12's damage is measured at 800 feet of pavement, a Toledo tank terminal leak forces evacuations, and International adds a second shift.
Summarized from CDLWire.
Good morning, drivers. Here is what you need to know to start Thursday, October 22.
Knight-Swift beats the quarter: Adjusted earnings of $0.83 a share on $2.2 billion in revenue, with the truckload operating ratio improving 700 basis points to 89.2% as pricing resets.
El Paso inspections are live: Commercial vehicle inspectors began pulling over trucks on both sides of Transmountain Road on Wednesday after Monday's deadly brake-failure pileup; expect Level 1, 2 and 3 inspections with no announced end date.
NC-12 damage measured: About 800 feet of pavement undermined and 1,800 feet of dunes lost near Pea Island; an emergency ferry is in planning and there is no reopening timeline yet.
Toledo terminal leak: A transfer error at the MC Tank terminal released a chemical from a 5,500-gallon tank; the evacuation zone was cut to half a mile Wednesday and at least 35 people sought hospital care.
More trucks coming: International will add a second shift at San Antonio in early 2027, nearly doubling output, after sales jumped 48% in the third quarter.
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