MD Sass Concentrated Value Strategy, an asset management firm, stated in its second-quarter 2026 investor letter that Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is well-positioned for the evolving freight market. The firm believes the trucking industry is entering a new rate cycle driven by supply-side factors like economic attrition and regulatory enforcement, coinciding with the first upturn in freight demand in three years. As of August 28, 2026, KNX closed at $67.24 per share, with a market capitalization of $10.94 billion, and its shares have gained 54.24% over the past 52 weeks. The number of hedge fund portfolios holding KNX increased to 69 at the end of Q2, up from 53 in the previous quarter.