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Knight-Swift Transportation Holdings Inc. - KNX STOCK NEWS

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.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) will announce its 2022 fourth quarter earnings on January 25, 2023, after market close. A live conference call for analysts and investors will occur the same day at 4:30 p.m. EST. Participants can join the call by dialing +1 (888) 886-7786, using Conference ID: 75606529. The earnings release and accompanying slides will be accessible on the Company’s website. Forward-looking statements in the release may contain risks and uncertainties that could impact future results, as detailed in their Annual Report.

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Knight-Swift Transportation Holdings (NYSE: KNX) has declared a quarterly cash dividend of $0.12 per share, payable to stockholders of record on December 5, 2022, with payment expected on December 27, 2022. This decision follows the Company’s cash dividend policy and is subject to future approvals by the Board based on financial performance. Knight-Swift is a leading freight transportation entity in North America, offering comprehensive logistics and trucking services. Shareholder dividends hinge on the ongoing assessment of cash flow and financial health.

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Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced its earnings for Q3 2022, with results available on its investor relations website. A conference call to discuss these results is scheduled for 4:30 PM EDT today, available by dialing +1 (888) 886-7786. The presentation slides are accessible for download on the company's site. This follows the company's strategic focus on expanding its services in freight transportation across North America, reinforcing its position as a leading provider in the industry.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) is set to release its third quarter 2022 earnings on October 19, 2022, post-market. The Company will hold a conference call for analysts and investors on the same day at 4:30 p.m. EDT to discuss earnings and operational results. Participants can access the call by dialing +1 (888) 886-7786 (Conference ID: 53734203). The earnings release and accompanying slides will be available on the Company’s website and SEC filings.

Investors should note that forward-looking statements in the release may involve risks, as outlined in the Company’s 10-K.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced that CFO Adam Miller and Executive VP of Finance Brad Stewart will participate in two upcoming transportation conferences. The events include the Vertical Research Partners 13th Annual Global Conference on September 7, 2022, at Water's Edge Resort in Westbrook, CT, and the Morgan Stanley 10th Annual Laguna Conference on September 15, 2022, at the Ritz-Carlton in Laguna-Niguel, CA. Knight-Swift is one of North America's largest freight transportation companies, offering diverse logistics and truckload services across the continent.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has declared a quarterly cash dividend of $0.12 per share, payable to shareholders of record on September 5, 2022 and scheduled for payment on September 26, 2022. This dividend aligns with the company's approved cash dividend policy, subject to board review of financial performance each quarter. Knight-Swift is recognized as one of North America's largest freight transportation companies, operating the country's largest tractor fleet and offering a diverse range of logistics services across the U.S. and Mexico.

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Knight-Swift Transportation Holdings Inc. (NYSE:KNX) reported its earnings for the quarter ending June 30, 2022. The earnings release is accessible on their investor relations website and will be filed with the SEC on Form 8-K. Additionally, the company has scheduled a conference call for today at 4:30 PM EDT to discuss the results in detail, with the presentation slides available for download beforehand.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) will report its Q2 2022 earnings on July 20, 2022, after market close. A live conference call for analysts and investors is scheduled for the same day at 4:30 p.m. EDT, where management will discuss the earnings and operational results. Interested parties can join the call via phone at +1 (888) 886-7786 (Conference ID: 46652829) and access slides on the company’s website. Risks that may impact future results are detailed in the Company’s latest 10-K report.

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Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced participation in key transportation conferences, featuring CEO David Jackson and CFO Adam Miller. The Bank of America Transportation, Airlines, and Industrials Conference is scheduled for May 19, 2022, via teleconference, while the KeyBanc Capital Markets Industrials & Basic Materials Conference will occur on June 2, 2022, at the Intercontinental Hotel in Boston, MA. Knight-Swift is among North America's leading freight transportation companies, providing diverse logistics services across the U.S. and Mexico.

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FAQ

What is the current stock price of Knight-Swift Transportation Holdings (KNX)?

The current stock price of Knight-Swift Transportation Holdings (KNX) is $57.62 as of November 22, 2024.

What is the market cap of Knight-Swift Transportation Holdings (KNX)?

The market cap of Knight-Swift Transportation Holdings (KNX) is approximately 9.2B.

What services does Knight-Swift Transportation Holdings offer?

Knight-Swift offers truckload transportation, logistics, intermodal, equipment leasing, maintenance, and driver training services.

Where does Knight-Swift operate?

Knight-Swift operates throughout the United States and Mexico.

How many tractors and trailers does Knight-Swift operate?

The company operates 18,877 tractors and 58,315 trailers.

What is Knight-Swift's primary revenue source?

Approximately 82% of Knight-Swift's revenue comes from its asset-based trucking business.

What are Knight-Swift's intermodal services?

Knight-Swift's intermodal services include using Class-I railroads for container transport and offering regional trucking services.

Does Knight-Swift offer any non-transportation services?

Yes, Knight-Swift provides repair and maintenance, warranty, insurance, equipment leasing, and driver training services.

What percentage of revenue does logistics and intermodal services contribute?

Logistics services contribute 9% and intermodal services about 6% of Knight-Swift's revenue.

Is Knight-Swift the largest truckload carrier in the US?

Yes, Knight-Swift is the largest truckload carrier in the United States.

What is Knight-Swift's recent acquisition?

Knight-Swift recently acquired US Xpress, bolstering its trucking segment.

What support services does Knight-Swift provide to third-party truckers?

Knight-Swift offers equipment maintenance, leasing, and other supportive services to shippers and third-party truckers.

Knight-Swift Transportation Holdings Inc.

NYSE:KNX

KNX Rankings

KNX Stock Data

9.22B
156.80M
3.13%
95.7%
4.16%
Trucking
Trucking (no Local)
Link
United States of America
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