Knight Transportation Third Quarter Profit Slips
Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.

Knight says inflationary cost pressures exceeded the improvement in its revenue per total mile. (Photo by Deborah Lockridge)

Knight says inflationary cost pressures exceeded the improvement in its revenue per total mile. (Photo by Deborah Lockridge)
UPDATED--Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.
Total revenue increased 0.6% from the third quarter of 2012 to $239 million, while profit fell 9.2% to $15 million.
''Despite a difficult operating environment and running 3.6% fewer tractors than last year, we grew our revenue on a year over year basis,” said Kevin Knight, chairman and CEO. “Our revenue per tractor improved by 1.0%, as a result of a 1.5% improvement in revenue per total mile and a 0.5% decrease in miles per tractor. Inflationary cost pressures exceeded the improvement in our revenue per total mile, yet we remain confident in our ability to operate with an industry-leading cost per mile.''
Knight said its average tractor count for the third quarter of 2013 increased 44 tractors from the second quarter of 2013 and decreased 151 tractors, when compared to the same quarter last year, to 4,007 tractors. Its tractor fleet has an average age of 2 years.
For the first nine months of the year Knight reported total revenue increased 3.7% to more than $719 million, compared to the first nine months of last year, while income increased 6% to a little more than $49 million.
The Arizona-based Knight Transportation has been pursing a takeover lately of rival USA Truck, based in Arkansas. USA has rejected the offers, while Knight has increased its ownership in the company to more than 12%, earlier saying it was disappointed over USA Truck's rejection.
USA has since filed a lawsuit and last week reported it nearly turned a profit in the third quarter, as part of its turnaround strategy, after earlier losses that were much larger.
More details about Knight's third quarter earning are on its website.
Update adds link to Knight webiste with more information.
More Fleet Management

Why Private Fleets Are Taking More Freight
Private fleets are putting their own trucks on demanding customers and high-cost lanes as companies seek greater control over service, costs, and capacity.
Read More →
Color Match Smarter: Tools That Restore & Perform
For fleet managers and collision repair professionals keeping heavy-duty trucks on the road, getting the color right the first time isn't just about appearance — it's about efficiency, turnaround time, and bottom-line results. Discover how today's digital color tools are transforming the repair process from guesswork to precision.
Read More →
FMCSA Pauses Biennial-Update Enforcement Amid Motus Transition
Carriers whose updates were due on or after June 1 have more time, while FMCSA works to stabilize its new registration system and warns of phishing sites impersonating its new carrier registration system, Motus.
Read More →
2026 Blueprint for Countering Smarter Supply Chain Theft
Cargo theft is no longer just the cost of doing business. It's a multi-billion-dollar criminal enterprise exploiting vulnerabilities across your fleet, drivers, and supply chain.
Read More →
How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets
Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.
Read More →
What the U.S.-Canada Trade War Means for Trucking
Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.
Read More →
What Are Trucking’s Top Concerns for 2026?
The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.
Read More →
American Trucking Associations Looks for a New Leader
ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.
Read More →
Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data
Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.
Read More →
For Nicky Cupp, Fleet Innovation Starts With Frustration
HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.
Read More →


