Knight-Swift Transportation Holdings Overview
Headquarters: Phoenix, Arizona, USA
CEO: David Jackson (as of 2024)
Founded: Knight Transportation (1990) & Swift Transportation (1966), merged in 2017
Industry: Trucking, Freight Transportation, Logistics
Stock Symbol: KNX (NYSE)
Key Facts About Knight-Swift
- Largest Full-Truckload (FTL) Carrier in North America with over 19,000 trucks and 60,000 trailers.
- Broad Freight Coverage: Operates in the U.S., Canada, and Mexico.
- Mergers & Acquisitions: Acquired U.S. Xpress (2023), AAA Cooper (LTL carrier), and Midwest Motor Express to expand services.
- Diverse Fleet Services: Offers dry van, refrigerated (reefer), flatbed, and specialized freight transportation.
- Technology-Driven: Uses advanced AI-powered routing, GPS tracking, and fuel optimization systems.
Major Business Divisions
- Truckload (FTL): Long-haul and regional freight services.
- Less-Than-Truckload (LTL): Provides partial-load shipping through AAA Cooper and Midwest Motor Express.
- Intermodal: Rail-truck shipping solutions for cost-effective transportation.
- Logistics & Brokerage: Freight brokerage and third-party logistics (3PL) services.
- Dedicated Freight: Custom transportation solutions for businesses with recurring shipping needs.
Recent Developments & Achievements
- Acquisition of U.S. Xpress: Strengthening its position as North America’s largest trucking company.
- Sustainability Efforts: Investing in electric trucks, fuel-efficient vehicles, and carbon reduction programs.
- Technology Investments: Enhancing AI-powered load-matching, route optimization, and fleet safety.
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