Knight-Swift Sees Profit, Revenue Fall for Q4, Year
Knight-Swift Transportation Holdings Inc. saw earnings and revenue fall in the fourth quarter as it faced greater competition and an oversupply of truckload capacity in its key market.
February 5, 2020Knight-Swift Slashes Q4 Earnings Per Share Forecast
Knight-Swift Transportation Holdings Inc. has cut its expectations for fourth-quarter adjusted earnings per share to 50 cents to 52 cents compared with the previously announced expectation of 62 cents to 65 cents.
December 20, 2019Swift Logistics to Close Pennsylvania Warehouse
Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.
October 30, 2019Knight-Swift’s Q3 Net Income Down 29.5% to $74.6 Million
Knight-Swift Transportation Holdings Inc. officials reported $74.6 million in net income for the quarter ended Sept. 30, a decrease of 29.5% from $105.9 million in the same period a year before, according to an Oct. 23 earnings news release.
October 23, 2019Knight-Swift 2Q Earnings, Revenue Decline
Knight-Swift Transportation Holdings, North America’s largest truckload transportation company, reported second-quarter declines in net income and revenue amid 2019’s softer freight environment.
July 24, 2019Insider Tips from one of the Largest Fleets in North America
The value of video in exoneration, litigation and subrogation is immeasurable. Join Leslie Leazer, Vice President, Corporate Claims & Litigation, Knight-Swift Transportation, as she reveals the process this well-respected fleet uses – and the savings they incur – by using video in the litigation process. From establishing the process to handle claims to subrogating claims when another vehicle is at fault – and everything in between – Leslie will provide the nuts and bolts you need to ensure your fleet is efficient, effective and enabled. With the cost of litigation continuing to increase, you can’t afford to miss this webinar.
May 9, 2019Knight-Swift Transportation Holdings Settles Owner-Operator Lawsuit for $100 Million
Knight-Swift Transportation Holdings Inc. has agreed to pay a $100 million settlement to an estimated 20,000 owner-operator truck drivers who alleged in a federal class-action lawsuit filed in 2009 that they were misclassified as independent contractors and not paid the legally required minimum hourly wage.
March 18, 2019Knight-Swift Transportation Holdings Reports Profit Gains in 4Q
Knight-Swift Transportation Holdings reported higher profits and revenue in the fourth quarter of 2018 with improvement noted across all of its business units.
January 29, 2019Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments
Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.
October 24, 2018Knight-Swift Shares Tumble Most in Four Years Amid Driver Shortage
Knight-Swift Transportation Holdings Inc. lost almost a fifth of its market value July 26, marking the biggest drop in four years, after sales fell because of a lack of drivers.
July 26, 2018