Knight Transportation Reports Second Quarter 2016 Revenue and Earnings

In the second quarter, the trucking segment achieved an adjusted operating ratio of 82.7% compared to 78.8% from the same quarter last year. Increased net fuel expense and...

July 27, 2016

1 minute read

In the second quarter, the trucking segment achieved an adjusted operating ratio of 82.7% compared to 78.8% from the same quarter last year. Increased net fuel expense and less gain on sale of revenue equipment impacted the operating ratio by approximately 210 basis points. Revenue per tractor, excluding fuel surcharge, decreased 1.5%, year over year, attributable to a 2.4% decrease in average revenue per loaded mile, a 1.7% increase in average miles per tractor, and a 70 basis point increase in our non-paid empty mile percentage.

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