Knight-Swift

The nation's largest truckload carrier, Knight-Swift Transportation, sees "over-the-road contract rate increases trending in the mid-teens" for 2021. However, tractor count and utilization will see some pressure as "sourcing drivers remains challenging." The outlook was provided in the company's...

It's not just a big deal in terms of dollars. The acquisition of LTL carrier AAA Cooper by Knight-Swift (NYSE: KNX) is radical in that it joins an LTL carrier with a truckload carrier, one of the biggest. The two businesses are very different. How will they integrate? On this week's Drilling Deep...

For the second time this year, a truckload-centric transportation company has acquired a less-than-truckload carrier. Canadian TL and logistics outfit TFI International (NYSE: TFII) announced the $800 billion acquisition of UPS Freight (NYSE: UPS) in January. Last week, the biggest TL carrier in...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we offer up hot opinions regarding Knight-Swift's move into the LTL market, another investigative piece involving a double-brokerage scheme and more. The High Five 1. The ramifications of Knight-Swift...

Earlier this week, Knight-Swift Transportation officially stepped into the LTL arena by acquiring AAA Cooper Transportation for $1.35 billion. The ramifications of the deal are potentially far-reaching — not only for the two companies but for the industry as a whole. We asked FreightWaves experts...

Apparently earnings estimates for the truckload (TL) carriers are still too high. At least that's the case for the nation's largest carrier, Knight-Swift Transportation Holdings Inc. (NYSE: KNX). In a press release after the market close, the Phoenix-based company stated that it was lowering its...

In a pre-market open, October 15 press release, Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) announced that it wouldn't be able to achieve its previously issued earnings guidance for both the third and fourth quarters of 2019. Knight-Swift said that it now expects adjusted earnings per...

  Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) reported first quarter 2019 adjusted earnings of $0.55 per share compared to analysts' expectations of $0.52 per share. Adjusted earnings per share (EPS) were $0.11 per share higher year-over-year. The largest truckload (TL)...