Knight Transportation, Phoenix, Ariz., saw its fourth-quarter and 2001 revenues and income increase compared to the previous year.

For the fourth quarter of the year, revenue, before fuel surcharge, increased 15.5% to $65.1 million from $56.4 million for the same quarter of 2000. For 2001, revenue, before fuel surcharge, increased 16.5% to $241.7 million from $207.4 million for the same period of 2000.
For the quarter, income from operations increased 35.3% to $11.7 million from $8.6 million for the same period in 2000. For the year, income from operations increased 23.5% to $39.6 million from $32 million for the same period in 2000.
"We are very pleased with Knight's results given the difficult operating environment during the quarter," said Chairman and CEO Kevin P. Knight,
On Dec. 28, 2001, Knight effected a 50% stock dividend. This was the third dividend in four years, with a previous 50% stock dividend on June 1, 2001.