Fleet Management

Knight Transportation

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November 6, 2017 - Industry News

Earnings Watch: Knight-Swift Affected by Merger Costs, Driver Shortage

Truckload and logistics provider Knight-Swift Transportation Holdings Inc. released third quarter earnings on Monday that showed a big drop in profit compared to a year ago, but the numbers do not paint an entirely accurate picture following the merger of the two truckload companies.

Tags: Swift Transportation, Knight Transportation, Fleet Earnings, Knight-Swift

May 4, 2017 - Industry News

FTC Greenlights Knight-Swift Merger

Photo: Evan Lockridge

The mega-merger of Knight Transportation and Swift Transportation has moved a step closer to completion with the Federal Trade Commission granting its approval.

Tags: Mergers & Acquisitions, Swift Transportation, Knight Transportation, Knight-Swift

April 24, 2017 - Industry News

Earnings Watch: Swift, Covenant Profits Plummet More Than 80%

Profits for two trucking operations in the first quarter of the year fell dramatically, both saying they battled a tough pricing environment and excess capacity.

Tags: Swift Transportation, Knight Transportation, Fleet Earnings, Knight-Swift, Freight Capacity

April 10, 2017 - Industry News

Swift-Knight Merger to Create Truckload Giant

Photo: Evan Lockridge

Swift Transportation Co. and Knight Transportation Inc. announced on April 10 that they will merge via a stock swap to form a new company, Knight-Swift Transportation. The two Phoenix, Arizona-based carriers say the new company will be the truckload industry's largest.

Tags: Mergers & Acquisitions, Swift Transportation, Knight Transportation, Truckload

January 25, 2017 - Industry News

Earnings Watch: Knight, Covenant, Patriot, YRC Worldwide

The latest batch of fleet earning reports from the fourth quarter are in, with three major fleets reporting revenue dips and a fourth signaling that it will have similar news when its formal report is released next month.

Tags: Florida, Economy, Covenant Transport, Patriot Transportation, YRC Worldwide, Knight Transportation, Covenant Transportation Group, Fleet Earnings

October 27, 2016 - Industry News

Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall

At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.

Tags: Economy, UPS, Old Dominion Freight Line, Knight Transportation, UPS Freight, Echo Global Logistics, Hub Group, PAM Transport, Fleet Earnings

July 27, 2016 - Industry News

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

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

Former Driver Involved in Deadly Shooting at Knight Facility

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

Earnings Watch: Knight, Landstar and Werner Profits Decline

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

Earnings Watch: Lower Fourth Quarter Profits for Knight, Celadon

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

Earnings Watch: Werner, Knight, Ryder, Forward Air

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 System, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings

August 6, 2015 - Industry News

Knight Orders Silver VNL Trucks for 25th Anniversary

Knight Transportation chose to mark its 25th anniversary with silver Volvo VNL 670 models featuring special anniversary decals. Photo courtesy of Volvo

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

Knight, Covenant Report Higher Profits

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

Knight Transportation Quarterly Profit Jumps 55.1%

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 Chooses Zonar Tablet for Telematics Platform

Photo courtesty of Zonar

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

Knight Transportation Net Income Leaps 64%

Photo: Knight Transportation

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.

Tags: Earnings, Knight Transportation

November 6, 2014 - Industry News

Kevin Knight Stepping Down as Knight Transportation CEO

Kevin Knight. Photo: Knight Transportation

Knight Transportation Inc. CEO Kevin Knight will step down from part of his role with the company on Jan. 1.

Tags: People, Knight Transportation

October 22, 2014 - Industry News

Knight Transportation Profit Leaps More Than 66%

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.

Tags: Earnings, Knight Transportation

October 1, 2014 - Industry News

Knight Buys Dry Van Carrier Barr-Nunn

Photo via Knight.

Truckload carrier Knight Transportation has acquired all of the outstanding stock of Barr-Nunn Transportation and certain affiliates effectively buying the company.

Tags: Dry Vans, Knight Transportation, Truckload, Acquisition

July 23, 2014 - Industry News

Knight Transportation Profit Gains 36%, New Business Unit Formed

Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.

Tags: Earnings, Knight Transportation

April 14, 2014 - Industry News

Knight Revises Upward First Quarter Expectations

Truckload carrier Knight Transportation has revised upward expectations for its first quarter earnings.

Tags: Earnings, Knight Transportation

February 5, 2014 - Industry News

USA Truck And Knight Reach Settlement over Proposed Purchase

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

Knight Transportation Profit Jumps in Fourth Quarter and 2013

Photo: Evan Lockridge

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.

Tags: Earnings, Knight Transportation

November 4, 2013 - Industry News

Knight Transportation Steps Up Pursuit of USA Truck

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

Knight Transportation Third Quarter Profit Slips

Knight says inflationary cost pressures exceeded the improvement in its revenue per total mile. (Photo by Deborah Lockridge)

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

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