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 Q1 2024

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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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US Xpress Enterprises

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. (NYSE: KNX). Under the terms of the proposed transaction, shareholders of U.S. Xpress will receive $6.15 in cash for each share of U.S. Xpress that they own. KSF is seeking to determine whether this consideration and the pro.

U.S. XPRESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of U.S. Xpress Enterprises, Inc. - USX

Knight-Swift Transportation Holdings is recommended as a buy due to its dividend policy, network expansion, and undervaluation based on discounted cash flow analysis. The company's network growth plan aims to expand its customer base, service offerings, and market share through strategic acquisitions and organic growth opportunities. Despite facing macroeconomic headwinds, Knight-Swift has outperformed the S&P 500 over the past three years and is expected to continue its growth trajectory.

Knight-Swift Transportation: Leveraging Network Expansion For Enhanced Operational Efficiency

While the top- and bottom-line numbers for Knight-Swift (KNX) give a sense of how the business performed in the quarter ended March 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) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), announced the release of its 2022 Sustainability Report, detailing its Environmental, Social and Governance (ESG) performance. The report highlights a 3.9% fleet emissions reduction (g/mile) from 2019 and is on track to meet its short-term goal of 5% by 2025. Other notable developments included increased pilot programming for low-to-no emission vehicles, exceptional growth in women in leadership, a.

Knight-Swift Transportation Holdings Inc. Issues 2022 Sustainability Report

Canadian Pacific Kansas City Limited

CALGARY and PHOENIX , April 25, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today a new multi-year agreement to provide truckload intermodal transportation service on CPKC's new single-line north-south corridor connecting Mexico, the United States and Canada. Knight-Swift is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services.

CPKC and Knight-Swift announce multi-year agreement

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

Knight-Swift's (KNX) Q1 Earnings Miss Estimates, Down Y/Y

Knight-Swift Transportation Holdings Inc. (KNX) Q1 2023 Earnings Call Transcript.

Knight-Swift Transportation Holdings Inc. (KNX) Q1 2023 Earnings Call Transcript

The nation's largest truckload carrier, Knight-Swift Transportation, missed first-quarter expectations and significantly reeled in its 2023 earnings outlook. Full-year earnings per share are now forecast in a range of $3.35 to $3.55, 16% lower than the guidance provided just a quarter ago (calculated at the midpoint).

Knight-Swift resets expectations for 2023 after rough Q1

Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.35 per share a year ago.

Knight-Swift Transportation Holdings (KNX) Lags Q1 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 March 31, 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.

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

J.B. Hunt Transport Services

Landstar System

Old Dominion Freight Line

Escalating operating expenses are hurting the Zacks Transportation-Truck industry's prospects. However, stocks like ODFL, JBHT, KNX and LSTR appear better positioned to escape the industry challenges.

4 Trucking Stocks to Keep Tabs on Amid Industry Challenges

Knight-Swift (KNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Knight-Swift Transportation Holdings (KNX) Q1 Earnings Expected to Decline

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2023 first quarter earnings after market close on Thursday, April 20, 2023. Additionally, Knight-Swift will host a live conference call with analysts and investors on Thursday, April 20, 2023, at 4:30 p.m. EDT to discuss the earnings release, the results of operations, and other matters following its earnings press release.

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

Knight-Swift Transportation is buying U.S. Xpress Enterprises for $808 million. These are the details.

Knight Transportation Buying U.S. Xpress Enterprises For $808 Million: Details (KNX) (USX)

The acquisition of U.S. Express by Knight-Swift (KNX) is likely to be completed in late second-quarter or early third-quarter 2023.

Knight-Swift (KNX) to Acquire U.S. Xpress for $808 Million

Knight-Swift Transportation's latest acquisition is a bit of a reversal from recent initiatives, which were designed to dilute some of the cyclicality inherent in being an over-the-road truckload carrier. Those actions included acquiring less-than-truckload assets and building out a power-only brokerage offering.

Knight-Swift to remain on M&A prowl, still looking at LTL targets

Knight-Swift Transportation Holdings Inc. has seen 2022 end on a softer note. The margin profile from 2021 and early 2022 was not sustainable, with 2023 earnings set to fall a bit.

Knight-Swift Transportation: Adding To The Dealmaking Track Record

NEW YORK , March 21, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of U.S. Xpress Enterprises, Inc. ("U.S. Xpress" or the "Company") (NYSE: USX), in connection with the proposed acquisition of the Company by Knight-Swift Transportation Holdings Inc. (NYSE: KNX).  Under the merger agreement, the Company's shareholders will receive $6.15 in cash for each share of U.S. Xpress owned.

SHAREHOLDER ALERT: Weiss Law Investigates U.S. Xpress Enterprises, Inc.

The acquisition at four times Monday's closing stock price for the rival carrier will boost Knight-Swift's fleet to about 25,000 trucks.

Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress

U.S. Xpress Enterprises told investors it agreed to a $808 million takeover by Knight-Swift Transportation Holdings, sending its share 300% higher shortly after the market opened.  The Chattanooga-based trucking company said the $6.15 per share deal has been approved by Knight-Swift's board of directors of Knight-Swift as well as a special committee of its own independent directors and is expected to close late in the second quarter or early third quarter of 2023, subject to customary closing conditions.

U.S. Xpress Enterprises' stock motors on $808M takeover deal with Knight-Swift

The multiyear decline in the financial fortunes of U.S. Xpress are coming to an end with the announcement Tuesday that the truckload carrier is being bought by Knight-Swift at a significant premium to the company's Monday closing stock price. In one of the largest truckload carrier sales in history, Knight-Swift (NYSE: KNX) said it is paying $808 million for U.S. Xpress (NYSE: USX).

U.S. Xpress being acquired by Knight-Swift

PHOENIX & CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift") and U.S. Xpress Enterprises, Inc. (NYSE: USX) ("U.S. Xpress") today announced an agreement under which Knight-Swift will acquire U.S. Xpress for a total enterprise value of approximately $808 million, excluding transaction costs. The transaction has been unanimously approved by the Board of Directors of Knight-Swift and a Special Committee of the independent directors of the U.

Knight-Swift Transportation Agrees to Acquire U.S. Xpress Enterprises for $6.15 Per Share

Knight-Swift had a disappointing fourth quarter, as deterioration in the core trucking and logistics markets hit the company even harder than expected. Trucking continues to be pressured by overcapacity and weak freight demand, and an expected second-half recovery is tied to improved consumer spending and further retailer destocking.

Knight-Swift Transportation Navigating Around Potholes In The Trucking Cycle

Knight-Swift (KNX) has a solid dividend growth record over the past five years.

Knight-Swift (KNX) Rewards Investors With 16.7% Dividend Hike

PHOENIX--( BUSINESS WIRE )--Knight-Swift Transportation Holdings Inc. (NYSE: KNX):

News for Knight-Swift Transportation Holdings Stock (KNX)