US shippers will win transportation savings in 2023 bids, but large truckload carriers haven’t lost all pricing muscle.
Knight Transportation
Knight Transportation
Knight Transportation is an American provider of truckload transportation that offers services in dry van, temperature-controlled, dedicated, drayage, intermodal, and brokerage.
Knight Transportation employs nearly 5,000 individuals and operates a fleet of 4,000 tractors and 8,800 trailers. The transportation company has 29 operating locations across North America and provides services to the United States, as well as points throughout Canada and Mexico.
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Press Releases
27 Jul 2022
Truckload capacity is reportedly loosening, but carrier executives say it could tighten again quickly for US shippers in a market that remains in flux.
06 Jul 2022
Less-than-truckload (LTL) transportation is more than it used to be, and that’s leading to acquisition and expansion in a US trucking sector that is slowly becoming more international in its focus.
21 Apr 2022
US shippers’ need for truck capacity guarantees in a volatile market is pushing more freight away from the spot market to contract carriers, especially the largest fleets such as Knight-Swift.
15 Apr 2022
Trucking revenue broke records in 2021, riding on a wave of mergers and acquisitions as well as swelling rates and unrelenting demand, and analysts forecast that 2022 will continue the positive trend.
09 Mar 2022
The truckload and less-than-truckload markets are closer than ever, as retail demand and inventory replenishment put pressure on capacity, Knight-Swift CEO David Jackson says.
08 Mar 2022
Combined revenues among the 25 largest US LTL trucking companies jumped more than 20 percent in 2021, and the market conditions that allowed for that record-setting revenue growth remain firmly in place in early 2022.
07 Mar 2022
Fifteen of the top 25 US truckload carriers grew their revenue by double-digit percentages in 2021, with their expansion fueled by acquisitions and new services.
27 Jan 2022
With consumers still spending, Knight-Swift and Landstar see more growth, and higher rates, ahead.
12 Jan 2022
Competition in 2022’s truckload market will be for space, not for the lowest rates, as shippers race to get their goods on trailers and carriers compete for drivers who are increasingly opting to stick closer to home.
06 Dec 2021
The largest US truckload operator acquired its second LTL carrier this year, bringing it closer to a national network and more than $900 million in LTL revenue.
21 Oct 2021
Demand and disruption are fueling growth at both Knight-Swift Transportation and Landstar System, neither of which see a reduction in demand or pricing in a changing truckload landscape.
09 Jul 2021
More buyouts, big and small, are likely in trucking as carriers battle for assets and especially truck drivers. But they’re also responding to opportunities created by shifts in freight demand.
06 Jul 2021
The $1.35 billion acquisition of multi-regional LTL carrier AAA Cooper broadens the largest US truckload operator’s service portfolio as more e-commerce freight flows toward the LTL marketplace.
11 Jun 2021
Knight-Swift Transportation, one of the top five US domestic intermodal providers, will be leaving BNSF Railway on Jan. 1, 2022, to partner with Union Pacific Railroad in the western US.
07 Jun 2021
Top trucking and intermodal providers are raising penalties on shippers who do not promptly unload and return 53-foot trailers or containers.
01 Jun 2021
The largest US truckload operator, Knight-Swift, acquired non-asset 3PL UTXL to gain access to additional trucks and drivers, as well as new logistics services.
21 Apr 2021
February’s winter storms in the southern and central United States had a large and lingering impact on transportation and supply chains, though freight demand is now in full flow, consuming this spring’s truckload capacity.
02 Mar 2021
Knight Swift CEO Dave Jackson tells JOC’s virtual TPM21 conference that trailer pools, agility, and long-term thinking is the way carriers and shippers can reduce the wild swings seen in trucking rates since 2017.
03 Nov 2020
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
10 Aug 2020
Companies able to field large numbers of trucks are no longer cutting back, but with high demand, additional capacity will come at a price to shippers.
29 Apr 2020
Many US shippers and truckload carriers are putting off contract talks after the economic disruption caused by the COVID-19 pandemic interrupted them in mid-stride.
27 Apr 2020
Trucking companies large and small are focused on getting through the next month or two, after which they hope freight volumes will begin to recover. But that recovery may be a long one.
06 Apr 2020
The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
10 Mar 2020
Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
08 Jan 2020
Knight-Swift and DAT test a truckload rate forecasting system as shippers and their transportation and logistics providers push out the boundaries of supply-chain visibility.
29 Oct 2019
US motor carriers blamed “an oversupply of truckload capacity” for greater-than-expected pressure on earnings in the third quarter.
17 Jul 2019
As the US economy softens, shippers are pressing truckload carriers to reverse rate hikes, but carriers say the money has already been spent -- on driver raises and new trucks.
25 Apr 2019
Some of the biggest trucking companies are riding the 2018 wave well into 2019, and they’re focused more on building profit than revenue as the US economy slows.
24 Apr 2019
The nation’s largest truckload operator is keeping a firm grip on costs and lowering its expectations for the second quarter as US motor carriers prepare for a potentially bumpy road ahead.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
17 Jan 2019
Knight-Swift projects higher fourth-quarter, first-quarter earnings, but analysts are not doing the same for 2019 truckload pricing forecasts.
16 Mar 2018
Abilene Motor Express, based in Richmond, Virginia, operates about 450 trucks with most of its business in the dry van and refrigerated space.
02 Mar 2018
Drivers who complete 8,750 miles in a month will get a penny more. An additional cent is tacked onto the bonus for each 750 miles beyond that point.
03 May 2017
Truckload and LTL carriers report higher number of shippers pressing for early contract talks amid concerns over capacity in second half.
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