Nobody can accuse the $310 billion TL market of being boring-especially at the top. In the first six months of this year, Schneider National, the storied Green Bay-based carrier, took the plunge with an initial public offering that netted in excess of $500 million. That was quickly followed by the stunning news of a $6 billion combination of Phoenix-based TL giants Knight-Swift Transportation, producing a new behemoth atop the highly fragmented TL marketplace. Even after the merger, Knight-Swift commands barely 2% market share in the low-cost, point-to-point TL sector.
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