Knight-Swift Transn Hldgs Inc Stock Price, News & Analysis

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced its earnings for the quarter ending December 31, 2021. The detailed earnings release is available on their investor relations website and will also be filed with the SEC on Form 8-K. As one of North America's largest and diversified freight transportation companies, Knight-Swift continues to strengthen its market position. Investors can access more information through their official channels.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) plans to announce its fourth quarter earnings for 2021 on January 26, 2022, before the market opens. The earnings report will be filed via a Form 8-K with the SEC and will be accessible on the Knight-Swift investor website. Investors are cautioned that the earnings release may include forward-looking statements that entail risks and uncertainties. For more details on potential risks, stakeholders are advised to refer to Knight-Swift's past quarterly reports and annual forms.

On December 6, 2021, Knight-Swift Transportation Holdings (NYSE: KNX) announced the acquisition of 100% of RAC MME Holdings and its subsidiaries, including Midwest Motor Express and Midnite Express. The $150 million cash deal is expected to enhance Knight-Swift's national less-than-truckload (LTL) network, generating approximately $137 million in revenue and $27 million in Adjusted EBITDA for MME in 2021. The acquisition aims to drive revenue and cost synergies while maintaining MME's brand identity.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) has announced that its President and CEO, David Jackson, along with CFO Adam Miller and EVP of Finance Brad Stewart, will attend the Stephens Annual Investment Conference on December 1, 2021, in Nashville, TN. Knight-Swift is one of North America's largest freight transportation companies, offering truckload and logistics services, including LTL services initiated in July 2021. The announcement emphasizes the company's expansive operations across the U.S. and Mexico, utilizing a vast tractor fleet and independent contractor collaborations.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced the appointment of Louis Hobson to its Board of Directors, effective immediately. Hobson will serve until the 2022 annual meeting, also joining the Audit Committee and Nominating and Corporate Governance Committee. He brings extensive experience from Chubb and National Flood Services. Additionally, the Board declared a quarterly cash dividend of $0.10 per share, payable to stockholders on December 27, 2021, with a record date of December 3, 2021. Future dividends depend on the Company’s financial performance.

Knight-Swift Transportation Holdings (NYSE:KNX) has released its earnings report for the quarter ending September 30, 2021. The report is accessible on their investor relations website and will be submitted to the SEC via Form 8-K. This earnings release provides key financial data and insights into the performance of North America’s largest truckload transportation company.

Knight-Swift Transportation Holdings (NYSE: KNX) expands its fleet management capabilities by selecting Zonar as its preferred provider, deploying solutions across 17,000 trucks by Q4 2021. Zonar, known for its innovation and safety commitment, integrates with Eleos Technologies to enhance driver experience through streamlined workflows and advanced features. This partnership reinforces Knight-Swift's focus on safety and operational efficiency, leveraging Zonar's technology which has been in use since Knight's pre-merger days.

AAA Cooper Transportation, a subsidiary of Knight-Swift Transportation Holdings (NYSE: KNX), will open a new LTL service center in St. Louis, MO this fall. This expansion will enhance service capacity across a 15-state network, reaching 80% of the Illinois market. The new facility follows recent investments in Dallas and Indianapolis and represents the first expansion since the acquisition of AAA Cooper in July 2021. St. Louis is a key location due to its significant inland port operations and railroad hub services.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) will release its 2021 third quarter earnings on October 20, 2021, before market open. A Form 8-K will be filed with the SEC, and the earnings report will be accessible on the Company’s website. Investors are cautioned that the earnings release might include forward-looking statements that carry inherent risks and uncertainties. For more information on these risks, refer to the Company’s previous quarterly and annual reports.