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Knight-Swift Slashes Broker Carrier Pool by 70% Amid Theft, Safety Concerns

Knight-Swift Transportation has pruned its approved brokerage carrier network by approximately 70% over two years, implementing stricter vetting standards to combat cargo theft and highway safety risks. CEO Adam Miller said the carrier now requires motor carriers to maintain at least one year of operating history before participating in its brokerage operations. The restrictions aim to prevent exposure to fraud and theft schemes that have evolved from isolated incidents to organized criminal activity. Miller said tighter federal enforcement combined with more selective broker-carrier relationships could produce a more sustainable trucking recovery cycle. This approach could avoid the historical boom-and-bust pattern of rate volatility. Despite modest freight demand, Knight-Swift reports improving market conditions with tightening available capacity and elevated tender rejection rates. Miller indicated stricter qualification standards may prevent excessive capacity additions during the next market upcycle.