Knight-Swift Transportation Holdings Inc. provides transportation solutions within North America. The company offers multiple truckload transportation, logistics, and intermodal services. Founded in 1989, Knight-Swift Transportation has its headquarters in Phoenix, Arizona.
In addition to providing truckload services, Knight-Swift has contracts with third-party capacity providers to offer a range of shipping solutions to its clients. The company operates its business through three segments: Trucking, Intermodal, and Logistics. The Trucking segment handles dry van, refrigerated, and drayage transportation of products, goods, and materials, including cross-border, flatbed, expedited, refrigerated and irregular route, and dedicated transport. Knight-Swift's Intermodal and Logistics segments handle brokerage, intermodal, and certain freight management, logistics, and non-trucking services.
Available on the NYSE, Knight-Swift stock is listed under the ticker KNX. In addition to its other services, the company offers a range of support services, such as repair and maintenance shop services, insurance, warranty, and equipment leasing, as well as trailer parts manufacturing and warehousing services. Knight-Swift also offers driving academy activities. With approximately 24,000 employees as of November 2021, the company operates over 18,000 tractors and 60,000 trailers through its Trucking segment. Knight-Swift operates more than 600 additional tractors and more than 10,000 containers through its Intermodal segment. In June 2021, the company acquired UTXL, Inc., a third-party logistics company, in a deal for approximately $22.5m. It also acquired AAA Cooper Transportation, a less-than-truckload carrier, in July 2021.
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