Welcome to our dedicated page for Knight-Swift Transportation Holdings news (Ticker: KNX), a resource for investors and traders seeking the latest updates and insights on Knight-Swift Transportation Holdings stock.
Knight-Swift Transportation Holdings Inc., with its subsidiaries, provides comprehensive truckload transportation services across the United States and Mexico. The company operates through three primary segments: Trucking, Logistics, and Intermodal. Within its trucking division, Knight-Swift offers a variety of services including irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of diverse products and materials.
In the logistics sector, the company offers brokerage, freight management, and non-trucking services, leveraging its expertise to provide efficient solutions. The intermodal segment utilizes Class-I railroads for transporting shipping containers, supplementing regional trucking services to and from inland intermodal ramps and terminals. This integrated approach ensures a seamless and efficient logistics chain.
Supporting its core transportation functions, Knight-Swift provides maintenance and repair shop services, warranty and insurance solutions, equipment leasing, and trailer parts manufacturing. The company also runs a driving academy to ensure a steady stream of qualified drivers. Knight-Swift's fleet strength is notable, operating 18,877 tractors, including 16,432 company-owned and 2,445 independent contractor tractors, and 58,315 trailers.
Knight-Swift is the largest truckload carrier in the US, known for its diversified transport offerings. Following the acquisition of US Xpress, around 82% of the company's revenue comes from its asset-based trucking enterprise, with full-truckload services accounting for 69% and less-than-truckload (LTL) for 13%. Truck brokerage and other asset-light logistics services contribute 9%, while intermodal services make up about 6% of the revenue. The company also extends various services to shippers and third-party truckers, including equipment maintenance and leasing.
Recent developments, strategic acquisitions, and ongoing projects reflect Knight-Swift's commitment to growth and operational excellence, making it a significant player in the transportation industry.
Knight-Swift Transportation (NYSE: KNX) has declared a quarterly cash dividend of $0.16 per share of common stock. The dividend will be paid to stockholders of record on December 6, 2024, with payment expected on December 23, 2024. As one of North America's largest freight transportation companies, Knight-Swift provides multiple truckload transportation, logistics, and LTL services through its nationwide network in the United States and Mexico.
Knight-Swift Transportation Holdings (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has announced its third quarter 2024 earnings. The company will host a conference call from 5:30 to 6:30 PM EDT to discuss operational results. An online webcast will be available at investor.knight-swift.com, with presentation slides and a replay accessible for seven days after the event.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced its participation in two upcoming transportation conferences. The company's leadership team, including Adam Miller (CEO), Andrew Hess (CFO), and Brad Stewart (Treasurer and SVP of Investor Relations), will be attending these events.
The first conference is the Baird Global Industrial Conference on Wednesday, November 13, 2024, at the Ritz Carlton in Chicago, IL. Adam Miller and Brad Stewart will represent KNX at this event.
The second conference is the Stephens Annual Investment Conference on Tuesday, November 19, 2024, at the Grand Hyatt in Nashville, TN. All three executives - Adam Miller, Andrew Hess, and Brad Stewart - will be present at this conference.
These conferences provide opportunities for Knight-Swift to engage with investors and industry professionals, showcasing the company's position in the transportation sector.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced the timing of its 2024 third quarter earnings release and related conference call. The company plans to release its earnings report after market close on Wednesday, October 23, 2024. A conference call will be held on the same day from 5:30-6:30 p.m. EDT to discuss the financial results and other matters.
An online, real-time webcast of the quarterly conference call will be available at investor.knight-swift.com, with an online replay posted for at least seven days after the meeting. Accompanying slides will be posted on the company's website and available for download. The earnings release may contain forward-looking statements, and interested parties are encouraged to visit the company's website for the most up-to-date information.
Knight-Swift Transportation Holdings (NYSE: KNX) has announced its participation in the upcoming Morgan Stanley 12th Annual Laguna Conference. The event is scheduled for Thursday, September 12, 2024, at the Ritz Carlton in Dana Point, CA.
Key company representatives attending the conference include:
- Adam Miller, Chief Executive Officer
- Andrew Hess, Chief Financial Officer
- Brad Stewart, Treasurer and Senior Vice President of Investor Relations
This participation highlights Knight-Swift's commitment to engaging with investors and industry professionals. The conference provides an opportunity for the company to share insights, discuss market trends, and showcase its strategic initiatives in the transportation sector.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced a quarterly cash dividend of $0.16 per share of common stock. The dividend is payable to stockholders of record on September 6, 2024, with an expected payment date of September 23, 2024. This declaration is part of the company's ongoing cash dividend policy, which is subject to review and final determination by the board of directors each quarter based on Knight-Swift's financial performance.
Knight-Swift is one of North America's largest and most diversified freight transportation companies, offering truckload transportation, logistics, and LTL services. The company operates a nationwide network of business units and terminals in the United States and Mexico, serving customers throughout North America.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has acquired the operating assets of Dependable Highway Express's (DHE) non-union regional less-than-truckload (LTL) division, effective July 30, 2024. This strategic move expands Knight-Swift's LTL network to cover approximately 70% of the US population, increasing terminal and door counts by about 10%. The acquisition focuses on key Southwest markets in California, Arizona, and Nevada, connecting with existing AAA Cooper and MME businesses for coast-to-coast service.
DHE generated approximately $122 million in total operating revenue over the past twelve months with an operating margin of about 10%. The acquisition is expected to be immediately accretive to Knight-Swift's earnings per share. DHE will operate as a separate brand under the AAA Cooper corporate group, with Joe Finney continuing as its President.
Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has announced its second quarter 2024 earnings. The detailed results are available on the company's investor relations website and will be filed with the SEC on Form 8-K. Knight-Swift will host a conference call at 4:30 PM EDT to discuss the quarterly results in depth. Investors can access the call using the dial-in number +1 (800) 717-1738 (Conference ID: 10669). Accompanying slides for the presentation will be available on the investor relations website prior to the call.
Knight-Swift Transportation Holdings (NYSE: KNX) will release its Q2 2024 earnings after market close on July 24, 2024. A live conference call with analysts and investors is scheduled for the same day at 4:30 p.m. EDT to discuss the earnings, operational results, and other matters. Accompanying slides will be available on the company's website just before the call. The earnings release and related documents, including the Form 8-K, will be accessible on the company's and SEC's websites. The public can participate in the call by dialing +1 (800) 717-1738 (Conference ID: 10669). An audio replay will be available on the company's website for at least seven days following the call.
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced a quarterly cash dividend of $0.16 per share of common stock. The dividend is payable to stockholders of record on June 10, 2024, and is expected to be paid on June 24, 2024. Knight-Swift is a major freight transportation company in North America, offering truckload transportation, logistics services, and LTL services.
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