Knight-Swift Transportation Holdings

Knight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment includes brokerage and other freight management services. The Intermodal segment consists of revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded in 1966 and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Knight-Swift Transportation reports Q4 challenges, eyes growth opportunities

Knight-Swift Transportation faced revenue and operating income declines in Q4 2022 but showed operational improvements. The company's strategic focus on diversification, efficiency, and growth opportunities positions it for future success. Challenges in certain segments and meeting earnings guidance require careful navigation.

Knight-Swift Transportation faces Q1 revenue decline, eyes growth opportunities

Knight-Swift Transportation Holdings faced revenue and operating income declines in Q1 2023, impacted by freight demand challenges
Acquisition of U.S. Xpress and integration efforts in the LTL segment show promise for future growth
Despite challenges, the company remains optimistic about improved market conditions and higher earnings per share
Efforts to mitigate cyclicality and manage post-acquisition challenges are key focus areas for performance improvement

Knight-Swift faces revenue declines in Q2 2023 amid market challenges

Knight-Swift Transportation Holdings navigated a tough freight market in Q2 2023, with declines in revenue and operating income. Despite challenges, the company focuses on cost savings, synergy from acquisitions, and market preparedness for future growth. Opportunities lie in building the LTL business and improving margins through strategic initiatives.

Knight-Swift Transportation faces market challenges but pursues growth opportunities

Knight-Swift Transportation's Q3 performance was impacted by market challenges, particularly in the Truckload segment, while progress was seen in the LTL segment and U.S. Xpress turnaround. The company is focused on cost synergies, intermodal profitability improvements, and managing industry challenges to drive future growth and profitability.

Knight-Swift Transportation reports mixed Q4 performance, exits insurance business

Knight-Swift Transportation Holdings faced a challenging quarter with mixed performance across segments. The decision to exit the third-party insurance business reflects a strategic shift. Management highlighted uncertainties in the trucking industry and emphasized progress in addressing key issues.

Knight-Swift reports revenue growth but faces margin challenges in Q1

Knight-Swift Transportation Holdings reported mixed performance with revenue growth but declining operating income.
Strategic initiatives in cost management, efficiency, and network expansion are key strengths.
Challenges include soft demand in truckload segment and margin compression in logistics market.
Opportunities lie in rebuilding Intermodal profitability, expanding LTL business, and optimizing costs.

Knight-Swift reports Q3 revenue dip, LTL segment shines

Knight-Swift Transportation Holdings faced revenue and operating income declines but showed strength in the LTL segment and operational efficiency improvements.
Challenges persist in certain segments, but opportunities for margin enhancement and growth through acquisitions and network expansion are on the horizon.
Analyst inquiries focused on market conditions and future outlook, reflecting investor interest in the company's performance and strategic direction.

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Knight-Swift Transportation Holdings Inc. (KNX) Q3 2023 Earnings Call Transcript

Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.27 per share a year ago.

Knight-Swift Transportation Holdings (KNX) Beats Q3 Earnings and Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the quarter ended September 30, 2023. The release is currently available on the Knight-Swift investor relations website: https://investor.knight-swift.com/ and will be filed with the SEC on a Form 8-K. The company will hold a conference call this afternoon at 5:30 PM EDT to further discuss its results.

Knight-Swift Transportation Holdings Inc. Announces Results for Third Quarter 2023

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2023 third quarter earnings after market close on Thursday, October 19, 2023. Additionally, Knight-Swift will host a live conference call with analysts and investors on Thursday, October 19, 2023, at 5:30 p.m. EDT to discuss the earnings release, the results of operations, and other matters following its earnings press release. (Please note that since t.

Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2023 Earnings Release and Related Conference Call

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Knight-Swift: Unhorsed As The Cyclical Correction In Trucking Underperforms Prior Bear-Case Estimates

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PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Knight-Swift Appoints Amy Boerger to the Board Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that Amy Boerger was appointed to Knight-Swift's Board of Directors (the "Board") effective as of August 1, 2023. Ms. Boerger will serve until the 2024 annual meeting of stockholders. Ms. Boerger will be subject to annual election thereafter. In connection with her a.

Knight-Swift Transportation Holdings Inc. Announces Appointment of Amy Boerger to Board of Directors and Quarterly Cash Dividend

Knight-Swift Transportation Holdings shares recovered Friday after what was initially perceived as disappointing second-quarter results posted after the close Thursday.  The motor carrier company reported $1.55 billion in revenue, 20% less year-over-year and below Street expectations of $1.6 billion, and adjusted earnings of $0.49 per share, missing projections of $0.55 per share.

Knight-Swift Transportation's 2Q results fall short of expectations on soft demand, driver turnover

Knight-Swift's (KNX) second-quarter 2023 earnings and revenues fall year over year.

Knight-Swift (KNX) Lags Q2 Earnings, Posts Dull '23 EPS View

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2 Logistics Stocks in Focus After Earnings

While the top- and bottom-line numbers for Knight-Swift (KNX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Knight-Swift (KNX) Reports Q2 Earnings: What Key Metrics Have to Say

Knight-Swift Transportation Holdings Inc. (KNX) Q2 2023 Earnings Call Transcript

Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $1.41 per share a year ago.

Knight-Swift Transportation Holdings (KNX) Lags Q2 Earnings and Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the quarter ended June 30, 2023. The release is currently available on the Knight-Swift investor relations website: https://investor.knight-swift.com/ and will be filed with the SEC on a Form 8-K. The company will hold a conference call this afternoon at 4:30 PM EDT to further discuss its results of op.

Knight-Swift Transportation Holdings Inc. Announces Results for Second Quarter 2023

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Knight-Swift's (KNX) second-quarter 2023 results are expected to have been weighed down by weakness in freight demand and higher expenses.

What's in the Cards for Knight-Swift (KNX) in Q2 Earnings?

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Pro-investor steps and deal to acquire U.S. Xpress Enterprises boost Knight-Swift (KNX). However, low freight demand is a concern.

Here's Why You Should Hold Knight-Swift (KNX) in Portfolio Now

US Xpress Enterprises

Knight-Swift Transportation warned Wednesday that second-quarter results are likely to disappoint in a news release also confirming it has closed on the previously announced acquisition of truckload carrier U.S. Xpress. The transportation and logistics provider said a weaker than expected operating environment in the truckload sector would likely result in consolidated operating margin deterioration of 1,100 to 1,200 basis points year over year (y/y) in the second quarter and that its full-year guidance would be updated when it reports results on July 20.

Knight-Swift lowers Q2 expectations, closes on U.S. Xpress deal

PHOENIX--(BUSINESS WIRE)--Effective July 1, 2023, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or the “Company”) closed on the previously-announced acquisition of U.S. Xpress Enterprises, Inc. ("U.S. Xpress") following the approval by U.S. Xpress' shareholders on June 29, 2023. Upon completion of the transaction, U.S. Xpress was de-listed from the New York Stock Exchange. Knight-Swift CEO, Dave Jackson, commented, “We are grateful for the efforts of so many who worked d.

Knight-Swift Transportation Closes Acquisition of U.S. Xpress Enterprises and Provides Update on Market Conditions

The Knight-Swift acquisition of truckload carrier U.S. Xpress has closed, with U.S. Xpress stock no longer trading and the company filing a delisting document with the Securities and Exchange Commission. Knight-Swift (NYSE: KNX) has made no comment or filing about the closing of the deal, but U.S. Xpress' notice Monday to the SEC delisting its stock from the New York Stock Exchange says the closing was effective July 1.

News for Knight-Swift Transportation Holdings Stock (KNX)