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.
Monday April 6, 2020
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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.
Webcasts
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Press Releases
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.
27 Apr 2017
Future partners focus on better utilizing assets as excess capacity keeps pressure on truckload rates.
12 Apr 2017
Knight-Swift merger, Schneider public offering, seen triggering more truckload acquisitions, consolidation, and soon.
10 Apr 2017
The $6 billion deal announced Monday will establish Knight-Swift Transportation as the largest truckload operator in the United States.
27 Jan 2017
Two of the largest US truckload carriers report rising contract rates. As pressure on pricing slowly builds, shippers want to talk.
29 Jul 2016
Despite an uptick in volume in July, trucking executives see a long road ahead before truckload rates rise.
17 May 2016
Mention Indianapolis and its famous speedway comes to mind, but so should supply chain velocity, warehousing and freight.
20 Apr 2016
Capacity is beginning to exit the trucking market, a trend that will accelerate by the second half of the year, the president of Knight Transportation says.
05 Apr 2016
Three acquisition-hungry companies, XPO Logistics, Celadon Group and Daseke, were the fastest-growing businesses on a list of the 50 largest U.S. trucking companies in 2015.
01 Feb 2016
The JOC Truckload Capacity Index contracted for the first time in eight quarters, reflecting efforts to better match capacity and demand by large carriers, many of which expect capacity to tighten in the second half of 2016.
28 Jan 2016
Despite “firm” contract pricing, a drop in truckload spot market opportunities in the fourth quarter worked in tandem with lower fuel surcharges to reduce revenue and profit for Knight Transportation.
18 Dec 2015
Excess truck capacity is tugging at the earnings of truckload carriers, including Knight Transportation. The company believes truck capacity may have peaked, but much depends on the strength of consumer demand and retail inventory levels in 2016.
21 Oct 2015
In spite of lagging returns from its logistics segment, Knight Transportation posted another strong third quarter Wednesday, fueled by strong results in its trucking division and brokerage business.
28 Jul 2015
If U.S. shippers feel less pain when it comes time to pay freight bills this year, they can thank the worldwide oil glut. With the third quarter under way, the very significant impact of the collapse in oil and fuel prices over the past year on U.S. freight transportation is clear.
22 Jul 2015
Truckload carrier Knight Transportation increased revenue 14 percent in the second quarter to $302 million, despite lower "transactional customer demand." Net profit rose 7.3 percent to $28 million.
24 Apr 2015
Large, diversified truckload carriers found detours around the "soft patch" in the U.S. economy during the first quarter, with most increasing revenue and profit. A lack of drivers may have held back some companies.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
28 Oct 2014
Knight Transportation is using sustainable profit to finance sustainable growth, both through acquisition and organic growth, raising driver pay and adding trucks in a tight market.
27 Oct 2014
Swift Transportation's revenue rises, profit soars as freight volumes leave largest U.S. truckload carrier 'overbooked' in the third quarter, even with additional tractor-trailers.
03 Oct 2014
Specialized truckload operator Daseke acquired Lone Star Transportation and will add the Texas-based heavy hauler to its growing family of trucking subsidiaries.
01 Oct 2014
Strategic acquisitions in the U.S. trucking field continue as truckload carrier Knight Transportation grabs Barr-Nunn for $112.4 million.
27 Aug 2014
Truckload operators are increasingly willing to pay more to secure the truck drivers needed to deliver trucking capacity to shipper customers.
24 Jul 2014
The U.S. economic recovery may be slow, but the freight recovery is moving faster, thanks to growth in manufacturing, energy and construction.
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
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