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March 19, 2018 - Industry News

Knight Transportation Buys Abilene Motor Express

Abilene Motor Express is a Richmond, Va.-based carrier with nearly 400 trucks that operates throughout the U.S. and Canada. Photo via Abilene Motor Express

Knight Transportation, a wholly owned subsidiary of Knight-Swift Holdings, has acquired all of the assets of Abilene Motor Express and related entities, according to a Securities and Exchange Commission filing.

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

January 30, 2018 - Industry News

Earnings Watch: Knight-Swift, C.H. Robinson Report Better Profits

Truckload carrier Knight-Swift Transportation Tuesday reported the biggest gain in earnings seen so far this earnings season, while third-party logistics provider C.H Robinson Worldwide reported a more modest increase in profits.

Tags: Swift Transportation, Knight Transportation, C.H. Robinson, Fleet Earnings, Knight-Swift

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


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