July 27, 2016 - Industry News
Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.
Tags: Economy, Covenant Transport, Roadrunner Transportation, Knight Transportation, Echo Global Logistics, Covenant Transportation Group, Fleet Earnings
May 5, 2016 - Industry News
A former Knight Transportation truck driver killed one man and injured two others before committing suicide at a Knight facility in Katy, Texas.
Tags: People, Knight Transportation
April 20, 2016 - Industry News
UPDATED – Three large publicly held trucking fleets reported first quarter earnings on Wednesday with all showing a decline in profits from a year earlier.
Tags: Earnings, Knight Transportation, Landstar System, Fleet Earnings, Werner Enterprises
January 27, 2016 - Industry News
UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.
Tags: Economy, Celadon Trucking Services, Celadon Group, Knight Transportation, Fleet Earnings
October 22, 2015 - Industry News
Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.
Tags: Economy, Ryder, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings
August 6, 2015 - Industry News
Knight Transportation has selected Volvo Trucks to supply 38 specially decorated Volvo VNL 670 models to recognize the company’s 25th anniversary.
Tags: Volvo, Company Anniversaries, Knight Transportation
July 22, 2015 - Industry News
Earnings Watch: Two primarily truckload carriers, Knight and Covenant, saw higher profits in the second quarter, but lawsuit-related expenses kept Knight from reporting more.
Tags: Economy, Covenant Transport, Knight Transportation, Covenant Transportation Group, Fleet Earnings
April 22, 2015 - Industry News
Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.
Tags: Earnings, Knight Transportation
February 20, 2015 - Product News
Knight Transportation has chosen the Zonar 2020 Mobile Tablet as the new telematics platform for its fleet.
Tags: telematics, Zonar, Knight Transportation, Tablets
January 28, 2015 - Industry News
Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.
November 6, 2014 - Industry News
Knight Transportation Inc. CEO Kevin Knight will step down from part of his role with the company on Jan. 1.
October 22, 2014 - Industry News
With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.
October 1, 2014 - Industry News
Truckload carrier Knight Transportation has acquired all of the outstanding stock of Barr-Nunn Transportation and certain affiliates effectively buying the company.
Tags: Knight Transportation, Truckload, Acquisition, Dry Van
July 23, 2014 - Industry News
Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.
April 14, 2014 - Industry News
Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.
February 5, 2014 - Industry News
Truckload companies USA Truck and Knight Transportation have reached a settlement dismissing all claims between the two in connection with litigation arising from Knight’s previously announced proposal to acquire Arkansas-based USA Truck in a $242 million bid.
Tags: USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation
January 29, 2014 - Industry News
Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier.
November 4, 2013 - Industry News
Knight Transportation is keeping up its public campaign to buy rival truckload carrier USA Truck, despite being told the company is not interested in being purchased.
Tags: USA Truck, Mergers & Acquisitions, Knight Transportation
October 23, 2013 - Industry News
Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.
Tags: Earnings, USA Truck, Knight Transportation, Fleet Financials
October 17, 2013 - Industry News
The Arkansas-based fleet USA Truck has improved financial results for the third quarter and the first nine months of the year, with a 13.5% increase in revenue and a much smaller net loss than a year ago.
October 11, 2013 - Industry News
Truckload carrier USA Truck has filed a breach of contract lawsuit against Knight Transportation, claiming Knight used USA Truck's confidential information to begin what it calls a “creeping hostile acquisition” of the Arkansas-based fleet.
October 9, 2013 - Industry News
A number of factors negatively impacted the third quarter of 2013, it said in a release, which has resulted in expected earnings below original estimates.
Tags: Fleet Financials, Earnings, Knight Transportation
September 30, 2013 - Industry News
Phoenix-based truckload carrier Knight Transportation, has responded to USA Truck’s recent rejection of its purchase offer, saying it's disappointed and announcing it's upped its ownership share of the company.
September 26, 2013 - Industry News
UPDATED -- Knight Transportation wants to buy USA Truck, but so far USA Truck hasn't been interested, so Phoenix-based Knight Thursday went public with its proposal to acquire all of the outstanding share of USA Truck.
July 24, 2013 - Industry News
Phoenix-based truckload and logistics services provider Knight Transportation reports profit in the second quarter of the year declined slightly, despite an uptick in revenue.
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