Knight’s Third-Quarter Income Flat

Knight Transportation’s third-quarter profit was about even with a year ago, at $16.6 million, or 21 cents a share, compared with $16.7 million, or 20 cents, for the same quarter of 2010.

Revenue rose 18.7% to $191.3 million, with revenue excluding fuel surcharges gaining 13.2% to $183.4 million.

As it has in previous earnings statements, the truckload carrier cited continued high fuel costs and said that driver availability remains tight throughout the industry. 

Phoenix-based Knight Transportation is ranked No. 31 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.