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Knight-Swift Transportation Holdings Inc. reports developments across a North American freight transportation business that provides truckload transportation, logistics services, and less-than-truckload services. The company operates through a nationwide network of business units and terminals in the United States and Mexico, using company tractors and third-party equipment providers to serve shippers and support independent-contractor capacity.
Recurring news includes quarterly results and earnings guidance tied to freight volumes, spot rates, bid activity, truckload and LTL demand, and warehousing activity. Company updates also cover cash dividends, capital-structure actions such as convertible senior notes, and operational portfolio moves involving fleet-efficiency assets and partnerships.
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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