knight
Business

Knight-Swift Profits Fall Sharply on Merger-Related Costs

Knight and Swift Trucks John Sommers II for Transport Topics

The first quarterly report from Knight-Swift Transportation Holdings reported $3.9 million in earnings or 4 cents per share, including Swift’s contribution from after Sept. 8, 2017, although the results included a series of large multi-million dollar charges related to the merger.

Ari Ashe | Staff Reporter
November 6, 2017
Business, Logistics

Truckload Profits Fall at TFI, Knight, Patriot Transportation; Rise at Forward Air

Truckload carriers continued to struggle as three out of four companies reported lower quarterly earnings versus 2016 levels as the industry struggles with excess capacity and lower prices.

Ari Ashe | Staff Reporter
April 26, 2017
Business

Shippers Express Support for Knight-Swift Merger

Ari Ashe/TT

Representatives of freight shipping firms are joining trucking analysts in their enthusiasm over the merger between Knight Transportation Inc. and Swift Transportation Co. and generally supporting the prospect of big truckload carriers getting bigger.

Daniel P. Bearth | Senior Features Writer
April 24, 2017
Business

Third-Quarter Earnings Drop at Truckload Carriers P.A.M. and Knight

John Sommers II for TT

Two truckload carriers suffered significant declines in profits for the third quarter as compared to one year ago as the sector struggles to turn around a tepid market.

Transport Topics
October 26, 2016
Business

Knight Transportation Heartened by Trucking Community's Support in Wake of Tragedy

John Sommers II for Transport Topics

Knight Transportation is expressing appreciation for support from hundreds who have uploaded photos of trucks with their marker lights on and the hashtag #KnightLight as it copes with the loss of a Katy, Texas, employee killed in a workplace violence incident.

Gary Kicinski | Digital Media Editor
May 6, 2016
Business

Texas Man, Fired From Knight Transportation, Kills Co-worker, Takes Own Life

A man who had been fired from a Houston-area trucking firm returned to the company and fatally shot a co-worker before taking his own life, the Harris County sheriff said.

Jon Herskovitz | Reuters
May 4, 2016
Business

Knight Transportation Adds Robert Synowicki, Roberta Roberts Shank to Board

Rennett Stowe/Flickr;

Diversified truckload carrier Knight Transportation Inc. said Robert Synowicki Jr. and Roberta “Sissie” Roberts Shank joined its board of directors.

Transport Topics
February 11, 2016
Business

Knight Cuts Fourth-Quarter Earnings Forecast

Rennett Stowe/Flickr

Knight Transportation Inc. lowered its fourth-quarter earnings estimate by about 15%, citing more moderate rate increases, fewer spot market opportunities, additional driver pay increases and reduced gains on used equipment sales.

Transport Topics
December 18, 2015
Business

Knight Sells Some of Its USA Truck Shares

TT File Photo

Knight Transportation Inc. sold 119,419 shares of USA Truck Inc. stock in recent weeks, lowering its stake in the smaller truckload carrier to 6.8% and capitalizing on a sharp rise in the share price.

Transport Topics
June 23, 2015
Business

Kevin Knight to Leave CEO Post; Jackson Is Successor

Kevin Knight courtesy of knighttrans.com

Knight Transportation Inc. said Kevin Knight, its first CEO, will step aside after 21 years, with President David Jackson succeeding him on Jan. 1.

Transport Topics
November 6, 2014

Pages