Knight-Swift Transportation Holdings Inc logo

Knight-Swift Transportation Holdings Inc - Class A

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NYSE:KNX (USA)   Class A
$ 48.15 +0.01 (+0.02%) 10:08 PM EST
36.20
P/B:
1.10
Enterprise V:
$ 10.78B
Volume:
2.40M
Avg Vol (2M):
2.14M
Also Trade In:
Volume:
2.40M
Avg Vol (2M):
2.14M

Business Description

Knight-Swift Transportation Holdings Inc logo
Knight-Swift Transportation Holdings Inc
NAICS : 484121 SIC : 4213
ISIN : US4990491049

Share Class Description:

KNX: Class A
Description
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, about 82% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and LTL at 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers including equipment maintenance and leasing.