Knight Transportation News & Resources
Knight-Swift to add 400 trucks, drivers with Abilene tuck-in acquisition
The biggest truckload carrier in the United States is growing by 400 trucks with a tuck-in acquisition that it says will immediately add $100 million in revenue and, just as importantly, 400 drivers to its fleet operations. Phoenix-based Knight-Swift Transportation says it is buying Richmond, Va.-based Abilene Motor Express for an undisclosed amount.
Knight-Swift merger approved by Swift shareholders, deal expected to be made official
The merger of two Phoenix, Az.-based truckload giants, Swift Transportation and Knight Transportation, was approved late yesterday by Swift stockholders, Swift officials announced yesterday. Swift said it expects to the merger to close today.
2017 State of Logistics: Truckload (TL)
Turbulent market roils with consolidations and “muted” freight demand
Blockbuster deal in truckload! Knight and Swift to merge to create $6 billion TL giant
Consolidation in the $310 billion truckload sector continues with the planned merger of a pair of Phoenix-based TL giants, Swift Transportation and Knight Transportation in an all-stock transaction.
Knight Transportation acquires Barr-Nunn Transportation
Phoenix-based Knight Transportation, one of the top and most profitable truckload companies said this week it has acquired Barr-Nunn Transportation, a dry van truckload carrier based near Des Moines, Iowa.
Knight Transportation “disappointed” in rebuff of $242 million offer for USA Truck