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Knight Transportation

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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: Fleets, 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: Fleets, 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: Fleets, 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: Fleets, Earnings, Knight Transportation

January 21, 2014 - Industry News

Knight Transportation Projecting Bigger Profits

Photo: Evan Lockridge

Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month

Tags: Fleets, 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: Fleets, 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: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials

October 17, 2013 - Industry News

USA Truck Nearly Breaks Even in Third Quarter

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.

Tags: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials

October 11, 2013 - Industry News

USA Truck Sues Knight for Using Confidential Info in 'Creeping Hostile Acquisition'

USA Truck says Knight Transportion violated confidentiality agreements.

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.

Tags: Fleets, USA Truck, Litigation, Mergers & Acquisitions, Knight Transportation

October 9, 2013 - Industry News

Knight Expects Lower Third and Fourth Quarter Business

Kevin Knight, Knight Transportation, chairman and CEO. Photo: Knight Transportation

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

Knight “Disappointed” Over USA Truck’s Rejection

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.

Tags: Fleets, USA Truck, Mergers & Acquisitions, Knight Transportation

September 26, 2013 - Industry News

USA Truck Rejects Offer from Knight Transportation

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.

Tags: Fleets, USA Truck, Mergers & Acquisitions, Knight Transportation

July 24, 2013 - Industry News

Knight Profit Edges Downward in Second Quarter

Knight's non-asset service offerings saw revenue growth of 64%, says Kevin Knight, chairman and CEO.

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.

Tags: Fleet Financials, Earnings, Knight Transportation

April 25, 2013 - Industry News

Knight, ODFL, Landstar & UPS Report Strong Earnings

The first quarter earning reporting season continues with Knight Transportation and Old Dominion Freight Line reporting healthy increases in revenue and profit, with Landstar nearly hitting a record and UPS continuing to prove why it’s the biggest trucking operation in the country.

Tags: UPS, Old Dominion Freight Line, Earnings, Landstar, Knight Transportation, Fleet Financials

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