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Paschall Truck Lines Parent Acquires Dry Van Carrier TDC
Friday, July 23, 2021 - 4:23pm | 645Paschall Truck Lines parent Interstate Personnel Services (IPS) announced Thursday the recent acquisition of dry van carrier Transport Distribution Co. (TDC) and a related business. Founded in 1985, Joplin, Missouri-based TDC provides regional service in the central U.S., including the Midwest....
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Midwest Carriers Acquires Booze Hauler Osborn & Son Trucking
Tuesday, July 20, 2021 - 1:59pm | 591Midwest Carriers announced Tuesday that it recently acquired refrigerated hauler Osborn & Son Trucking. Fond du Lac, Wisconsin-based Osborn & Son operates a fleet of 21 tractors and 60 trailers out of its consolidation facilities in New Jersey and Illinois. The company was founded in 1898...
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Drilling Deep: How Will LTL And Truckload Coexist After Knight-Swift Deal?
Friday, July 16, 2021 - 10:45am | 286It'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...
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Knight-Swift Acquires 3PL UTXL In $22.5M Deal
Tuesday, June 1, 2021 - 12:34pm | 473The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX) announced Tuesday the acquisition of Kansas City, Missouri-based third-party logistics provider UTXL in a $22.5 million transaction. As a licensed broker for more than 20 years, UTXL specializes in full truckload,...
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The Daily Dash: Knight-Swift's Q1 Earnings Beat
Thursday, April 22, 2021 - 11:10am | 575The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight Knight-Swift's (NYSE: KNX) first-quarter earnings report, good news for drivers at Heartland Express and more. Just a reminder that the Net-Zero Carbon Summit will be held Thursday. Click...
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Headline Beat For Knight-Swift; 2021 To See Mid-Teen Jump In Contract Rates
Wednesday, April 21, 2021 - 11:55am | 887The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), posted a better-than-expected first-quarter Wednesday. The Phoenix-based company reported adjusted earnings per share of 83 cents, 13 cents ahead of consensus and 39 cents better than the year-ago quarter. The quarter...
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One Point Logistics Employee Talks Final Days Of The Company, Knight-Swift On Book It Now, More
Friday, February 21, 2020 - 5:22pm | 302On today's episode we've got the latest news on KeepTruckin's shutdown of One Point Logistics, we'll find out if Walmart Inc (NYSE: WMT) will get another day in court, and learn how Knight-Swift Transportation Holdings Inc (NYSE: KNX) will "Book It Now" with TruckStop. Plus Don Everhart, VP of...
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Knight-Swift To Participate In Pilot Of DAT's Book Now Freight Tendering Solution
Thursday, February 20, 2020 - 9:55am | 658The automated freight tendering segment continues to heat up with more competitive products hitting the market. The latest is DAT Solutions, which announced a pilot program with Knight-Swift Logistics, the logistics brokerage arm of Knight-Swift Transportation (NYSE: KNX). Knight-Swift will run a...
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Truckstop Building Alliances In The Freight Matching Wars
Wednesday, February 19, 2020 - 9:57am | 151Today, Kevin and Andrew have two special guests: Bill Vitti, chief commercial officer of Truckstop, explains the recently announced partnership with Knight-Swift Transportation Holdings (NYSE: KNX); then Peter Rentschler from Carrier Direct discusses his takeaways from last week's Stifel Conference...
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Knight-Swift Integrates Truckstop.com's Book It Now Digital Freight Functionality
Tuesday, February 18, 2020 - 10:14am | 1259The growth of digital freight matching is exploding, and logistics providers are jumping on board. The latest is Knight-Swift Transportation (NYSE: KNX). The logistics giant has reached a deal with Truckstop.com to implement that company's Book It Now platform into Knight-Swift's logistics...
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Knight-Swift Takes Second Swing At FMCSA Driver-Record Exemption
Monday, December 23, 2019 - 11:16am | 493Knight-Swift Transportation (NYSE: KNX) is appealing to federal regulators that it be exempt from having to provide certain record-keeping requirements for its drivers citing onerous and unnecessary costs. A letter from Knight-Swift attorneys recently made public by the Federal Motor Carrier...
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Knight Swift: Trucking's Biggest Mega-Merger – Great Quarter, Guys
Tuesday, December 17, 2019 - 5:23pm | 154On this episode of Great Quarter Guys, Seth Holm, Kevin Hill, Andrew Cox and JP Hampstead break down Knight Swift's (NYSE: KNX) business model, discuss the Phase One Trade Deal and debate Twitter in their regular long-short segment. Subscribe to Great Quarter, Guys on Apple Podcasts Subscribe...
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Knight-Swift Opens Tech Brokerage Office In Phoenix's East Valley
Wednesday, November 27, 2019 - 10:07am | 605Knight-Swift Transportation (NYSE: KNX) celebrated the opening of its Knight-Swift East Valley Logistics and Technology Center on Nov. 22. About 100 people from the company, including Knight-Swift leadership, attended the event, and officials said that employees were excited about the growth that...
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Knight-Swift Said Its Earnings Would Be Weak; Actual Numbers Back That Up
Wednesday, October 23, 2019 - 2:05pm | 727Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) warned last week that its numbers would be a disappointment and its earnings release Wednesday morning confirmed that. Revenue for the entire company including fuel surcharge dropped 10.8% to just a small amount over $1.2 billion for the...
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Bulls And Bears Of The Week: Apple, Cisco, Salesforce, Walmart And More
Saturday, August 17, 2019 - 1:58pm | 888Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included tech leaders and a retail colossus. Bearish calls also included tech giants, as well as an energy play. It was another volatile week for the stock market. Investors cheered when it...