Knight-Swift Expands Its Less-Than-Truckload Footprint
Knight-Swift acquired RAC MME Holdings and its subsidiaries, which operate under the brand names of Midwest Motor Express and Midnite Express.
Knight-Swift entered the LTL market earlier this year with the purchase of AAA Cooper. Now, the company seeks to expand its LTL footprint.
File Photo: Evan Lockridge
Knight-Swift acquired RAC MME Holdings and its subsidiaries, which operate under the brand names Midwest Motor Express and Midnite Express.
MME provides less-than-truckload, full truckload, and specialized and international logistics transportation services to a diverse customer base in its service territory in the upper midwestern and great northwestern regions of the United States.
The regional footprint complements Knight-Swift’s southeastern and midwestern LTL presence alongside its AAA Cooper Transportation brand. Together, the brands cover half of the United States.
The acquisition reflects “progress on our ongoing commitment to building a nationwide LTL footprint, leading to the further diversification of our revenue streams,” Knight-Swift officials said in a press
“We have identified potential areas of revenue and cost synergies that are expected to lead to growth and margin expansion consistent with our return-on-investment targets while preserving MME’s brand, locations, people, and culture,” the company added.
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