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Knight-Swift Transportation Creates Iron Truck Services, Bringing Affordable Solutions Nationwide to Truckload Carriers of All Size
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PHOENIX--(BUSINESS WIRE)--
Knight-Swift Transportation Holdings (NYSE:KNX) announced today that it has launched Iron Truck Services, an organization that brings together services essential to transportation carriers and includes insurance, equipment maintenance, fuel purchasing, and truck sales and rentals. Iron Trucks Services provides affordable solutions to truckload carriers by leveraging the scale and infrastructure of the nation’s largest carrier, Knight-Swift.
David Jackson, CEO of Knight-Swift commented, “Many small carriers have no choice but to pay retail prices for many fundamental business services. Iron Truck Services brings wholesale prices within reach for all trucking businesses, regardless of size.”
“Although we have offered fuel purchasing and truck sales programs for years, the insurance and maintenance services were just initiated in 2020 and have seen significant interest and growth. We are now excited to bundle these services in a simple and efficient way for our carrier customers through Iron Truck Services,” commented Ken Cranston, Vice President of Carrier Services.
Iron Truck Services includes the following offerings:
IRON INSURANCE, which provides auto, general, and cargo liability insurance, as well as physical damage insurance options at affordable rates. All policies are supported by risk management services that promote safe operational practices for policyholders.
IRON FUEL PROGRAM, which is a free membership program providing access to a discount network of over 1,500 fueling locations nationwide, with savings, credit lines, fuel tax filing, and other benefits.
IRON MAINTENANCE, which offers wholesale prices, free DOT inspections, and maintenance services at 19 locations nationwide, with additional locations planned to open before the end of the year.
IRON TRUCK SALES & RENTALS, which offers a wide selection of used, DOT qualified trucks and equipment at 30 locations nationwide.
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services, as well as LTL services through ACT. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.
knight-swift transportation holdings inc., together with its subsidiaries, provides truckload transportation services in the united states and mexico. the company operates through three segments: trucking, logistics, and intermodal. its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials. the company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. in addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing services, as well as engages in the driving academy activities. the company operates a total of 18,877 tractors, which comprises 16,432 company-owned tractors and 2,445 independent contractor tractors, as well as 58,315 trailers; and 643 tractors