Knight Transportation

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November 6, 2017

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.

May 4, 2017

FTC Greenlights Knight-Swift Merger

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

April 24, 2017

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.

April 12, 2017

Knight-Swift: A Merger of Mindsets

Executive Editor David Cullen says if any two companies were made for each other, Knight Transportation and Swift Transportation were. After plowing through the transcript of the conference call held for analysts to disclose the impending birth of a new trucking behemoth — Knight-Swift Transportation Holdings Inc. — he explains why in his Passing Zone blog.

April 11, 2017

The Knight-Swift Merger: Lessons from the History of Ocean Shipping

After World War II, the maritime shipping industry was dealing with pressure for larger loads, faster deliveries, new technology and rising equipment costs. How fleets responded to those challenges is instructive.

April 11, 2017

Drivers Weigh in on Swift-Knight Merger via Facebook

Knight’s Facebook page was busy Monday with questions and answers about the big merger news with Swift. Deborah Lockridge has highlights in the All That's Trucking blog.

April 11, 2017

Kevin Knight Talks About the Swift Merger [Video]

Kevin Knight shares details about the big merger announcement between Swift and Knight in this nearly hour-long video. "I think of being able to take the best practices of two amazing organizations and have both of those organizations [take] advantage [of] those best practices."

April 10, 2017

Swift-Knight Merger to Create Truckload Giant

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.

January 25, 2017

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.

October 27, 2016

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.

July 27, 2016

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%.

June 1, 2016

Knight Keeps Drivers Covered With SmartDrive’s Video-Safety Program

After a successful pilot program, Knight Transportation has decided to install the SmartDrive event recorder system in its entire fleet to protect its drivers and coach them on improved driving habits.

May 5, 2016

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.

April 20, 2016

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.

January 27, 2016

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.

October 22, 2015

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.

August 6, 2015

Knight Orders Silver VNL Trucks for 25th Anniversary

Knight Transportation has selected Volvo Trucks to supply 38 specially decorated Volvo VNL 670 models to recognize the company’s 25th anniversary.

July 22, 2015

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.

April 22, 2015

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.

February 20, 2015

Knight Chooses Zonar Tablet for Telematics Platform

Knight Transportation has chosen the Zonar 2020 Mobile Tablet as the new telematics platform for its fleet.

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