KNX 📈 Knight Transportation - Overview

Knight-Swift Transportation Holdings Inc. is a leading provider of freight transportation services, operating across the United States and Mexico through a diverse range of segments, including Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The company's Truckload segment offers a broad spectrum of transportation services, encompassing irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations, utilizing a substantial fleet of tractors and trailers. With an average of 20,948 tractors, comprising both company-owned and independent contractor tractors, as well as 87,865 trailers, this segment is well-equipped to handle a wide range of cargo transportation needs.

The LTL segment, on the other hand, focuses on providing regional LTL transportation services through an extensive network of approximately 120 service centers, while also offering national coverage through partnerships with external carriers. This segment operates a smaller but still significant fleet, with an average of 3,201 tractors and 8,482 trailers. By leveraging its network and partnerships, the LTL segment is able to provide efficient and reliable transportation services to customers across various industries. Additionally, the company's Logistics segment plays a crucial role in offering brokerage and freight management services, utilizing third-party transportation providers and equipment to cater to the diverse needs of its clients.

The Intermodal segment is another key component of Knight-Swift's operations, providing transportation services that include freight movement through third-party intermodal rail services, utilizing equipment such as containers and trailers on flat cars, as well as drayage services. With an average of 639 tractors and 12,730 intermodal containers, this segment is well-positioned to handle the complexities of intermodal transportation. Furthermore, the company offers a range of ancillary services, including repair and maintenance shops, equipment leasing, warranty, and insurance services, as well as warehousing and driving academy services, and even manufactures trailer parts. These services enable Knight-Swift to provide a comprehensive suite of solutions to its customers, spanning various industries such as retail, food and beverage, consumer and paper products, transportation and logistics, housing, and building, automotive, and manufacturing.

As a company with a rich history, dating back to its incorporation in 1989, Knight-Swift Transportation Holdings Inc. has established itself as a major player in the freight transportation industry, with its headquarters located in Phoenix, Arizona. With a strong commitment to providing high-quality services and a diverse range of offerings, the company continues to serve a broad range of industries, leveraging its expertise and resources to meet the evolving needs of its customers. The company's common stock is listed under the ISIN US4990491049, and it is classified under the GICS Sub Industry of Cargo Ground Transportation, reflecting its core focus on providing ground transportation services.