Knight Transportation’s Third-Quarter Income Gains
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Knight is ranked No. 49 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.
ruckload carrier Knight Transportation said late Wednesday its net income for the third quarter was $15.5 million or 27 cents a share, up from $12.6 million or 22 cents a year earlier.
Knight's revenue rose 28% to $146.2 million, the company said in a statement.
“Revenue growth came from a combination of improved asset utilization, expansion of our fleet and network of service centers, and approximately 45 days of revenue from our August acquisition of Edwards Bros. Inc., a refrigerated carrier based in Idaho Falls, Idaho," Chairman and Chief Executive Officer Kevin Knight said in a statement.
