US Market News
21時間前
Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin KnightJune 4, 2026 4:33 PM
Business Wire Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that Kevin P. Knight, one of the founders of Knight Transportation, former Chief Executive Officer from 1994 to 2014 and Executive Chairman of the board of directors, is retiring from the Company. This milestone follows a long and distinguished career including consequential leadership roles at each of Swift Transportation and Knight Transportation, and later at Knight-Swift Transportation following a highly successful 2017 merger of the two companies. The Board of Directors has appointed Lead Independent Director David Vander Ploeg as Chairman, effective June 3rd. Mr. Knight has agreed to continue serving the Company as a consultant for a period of two years following his retirement as Executive Chairman. Mr. Knight commented, “I am humbled when I reflect on what we have built together and where our company stands today. There is so much to be proud of, and even more to be grateful for when I consider all of the family, coworkers, customers, suppliers, partners, and other stakeholders who have been part of our brands’ shared success, especially our driving associates, whose professionalism and dedication have helped make that success possible. As I have been approaching this transition in recent years, I knew this bridge would have to be crossed at some point. For me, our merger with Knight and Swift was our greatest collective achievement. The reunification of the Swift and Knight families, combined with timing, diligence, operational improvements, and significant financial returns, enabled us to achieve everything that followed. I am deeply grateful to everyone whom I have had the opportunity to work with.” Adam Miller, Chief Executive Officer of Knight-Swift, said: “It cannot be overstated what Kevin has meant to our company, so many of our leaders, including myself, and so many more within our industry. Our leaders do not take lightly the trust placed in us to continue building on such a distinguished foundation. I am just one of many who are deeply grateful for all Kevin has done for us, personally and professionally over the years. The culture Kevin helped instill which prioritizes safety, operational excellence, and financial discipline is deeply rooted and will continue to mark our efforts to take Knight-Swift to new heights.” About Knight-Swift Knight-Swift is one of North America's largest and most diversified freight transportation companies providing multiple full truckload, LTL, intermodal, and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating one of the country's largest tractor fleets, Knight-Swift also contracts with third-party equipment providers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors. View source version on businesswire.com: https://www.businesswire.com/news/home/20260604252061/en/ Adam Miller, CEO, Andrew Hess, CFO, or Brad Stewart, Treasurer and SVP - (602) 606-6349 Original: Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight
US Market News
1月前
Knight-Swift Transportation Holdings Inc. Announces Pricing of Upsized $1.3 Billion Offering of Convertible Senior NotesMay 6, 2026 1:15 AM
Business Wire Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”), one of North America’s largest and most diversified freight transportation companies, announced today the pricing of $1.3 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the previously announced offering size of $1.0 billion aggregate principal amount of notes. Knight-Swift has also granted the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $200.0 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to close on May 8, 2026, subject to customary closing conditions. The notes will be general senior unsecured obligations of Knight-Swift and will accrue interest payable semiannually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026, at a rate of 1.00% per year. The notes will mature on November 15, 2031, unless earlier converted, redeemed or repurchased. Knight-Swift estimates that the net proceeds to Knight-Swift from the offering will be approximately $1.27 billion (or approximately $1.46 billion if the initial purchasers exercise their option to purchase additional notes in full) after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by Knight-Swift. Knight-Swift expects to use the net proceeds from the offering to pay the approximately $92.8 million cost of the capped call transactions described below, to repay all $300 million principal amount outstanding under its term loan due 2027, to repay $400 million of the $700 million principal amount outstanding under its term loan due 2030 (the “2025 Term Loan A-1”) and to repay a portion of the principal amount outstanding under its revolving line of credit (the “Revolver”) with the remaining proceeds. If the initial purchasers exercise their option to purchase additional notes, Knight-Swift expects to use a portion of the net proceeds from the sale of the additional notes to enter into additional capped call transactions with the option counterparties (as defined below), repay additional principal amounts outstanding under the Revolver, and, to the extent of any remaining proceeds, repay additional principal amounts outstanding under the 2025 Term Loan A-1. The notes will be convertible at the option of the holders in certain circumstances. Upon conversion, Knight-Swift will pay cash up to the aggregate principal amount of the notes to be converted and pay or deliver, as the case may be, cash, shares of Knight-Swift’s common stock or a combination of cash and shares of Knight-Swift’s common stock, at Knight-Swift’s election, in respect of the remainder, if any, of Knight-Swift’s conversion obligation in excess of the aggregate principal amount of the notes being converted. The conversion rate will initially be 12.4835 shares of Knight-Swift’s common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $80.11 per share of Knight-Swift’s common stock). The initial conversion price represents a premium of approximately 30% over the last reported sale price of $61.62 per share of Knight-Swift’s common stock on May 5, 2026. The conversion rate will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid interest. In addition, following certain corporate events that occur prior to the maturity date or if Knight-Swift delivers a notice of redemption, it will, in certain circumstances, increase the conversion rate for a holder who elects to convert its notes in connection with such a corporate event or convert its notes called (or deemed called) for redemption during the related redemption period, as the case may be. Knight-Swift may not redeem the notes prior to May 21, 2029. Knight-Swift may redeem for cash all or any portion of the notes (subject to certain limitations), at its option, on a redemption date on or after May 21, 2029 and before the 31st scheduled trading day immediately prior to the maturity date if the last reported sale price of Knight-Swift’s common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which Knight-Swift provides notice of redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. If Knight-Swift undergoes a “fundamental change” (as defined in the indenture that will govern the notes) then, subject to certain conditions and exceptions, holders may require Knight-Swift to repurchase for cash all or any portion of their notes at a fundamental change repurchase price equal to 100% of the principal amount of the notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date. In connection with the pricing of the notes, Knight-Swift entered into privately negotiated capped call transactions with certain of the initial purchasers or affiliates thereof and other financial institutions (the “option counterparties”). The capped call transactions cover, subject to customary adjustments substantially similar to those applicable to the notes, the number of shares of Knight-Swift’s common stock initially underlying the notes. The capped call transactions are expected generally to reduce the potential dilution to Knight-Swift’s common stock upon any conversion of notes and/or offset any cash payments Knight-Swift is required to make in excess of the principal amount of converted notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions relating to the notes will initially be approximately $104.75, which represents a premium of 70% over the last reported sale price of Knight-Swift’s common stock on the New York Stock Exchange on May 5, 2026, and is subject to certain adjustments under the terms of the capped call transactions. In connection with establishing their initial hedges of the capped call transactions, Knight-Swift expects that the option counterparties or their respective affiliates will purchase shares of Knight-Swift’s common stock and/or enter into various derivative transactions with respect to Knight-Swift’s common stock concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of Knight-Swift’s common stock or the notes at that time. In addition, Knight-Swift expects that the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Knight-Swift’s common stock and/or purchasing or selling Knight-Swift’s common stock or other securities of Knight-Swift in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so during any observation period related to a conversion of notes or, to the extent Knight-Swift exercises the relevant election under the capped call transactions, following any repurchase or redemption of the notes). This activity could also cause or avoid an increase or a decrease in the market price of Knight-Swift’s common stock or the notes which could affect the ability of a holder of notes to convert the notes and, to the extent the activity occurs during any observation period related to a conversion of notes, this could affect the number of shares and value of the consideration, if any, that a holder of notes will receive upon conversion of its notes. The notes were only offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act by means of a private offering memorandum. The notes and any shares of Knight-Swift’s common stock issuable upon conversion of the notes have not been and will not be registered under the Securities Act, any state securities laws or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About Knight-Swift Knight-Swift is one of North America’s largest and most diversified freight transportation companies providing multiple full truckload, less-than-truckload, intermodal, and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating one of the country's largest tractor fleets, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors. Forward-Looking Statements Any statements made in this release that are not based on historical fact are forward-looking statements, including statements concerning the proposed terms of the notes and capped call transactions, the timing and completion of the proposed offering of the notes and capped call transactions, the anticipated use of proceeds from the offering and the grant of the option to the initial purchasers. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Knight-Swift’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in Knight-Swift’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission (the “SEC”) and other filings that Knight-Swift makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Knight-Swift undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505943966/en/ Adam Miller, Chief Executive Officer
Andrew Hess, Chief Financial Officer
Brad Stewart, Treasurer and SVP
(602) 606-6349 Original: Knight-Swift Transportation Holdings Inc. Announces Pricing of Upsized $1.3 Billion Offering of Convertible Senior Notes
US Market News
1月前
Knight-Swift Transportation Holdings Inc. Announces Proposed Private Placement of $1.0 Billion of Convertible Senior NotesMay 5, 2026 7:25 AM
Business Wire Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”), one of North America’s largest and most diversified freight transportation companies, announced today that it intends to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2031 (the “notes”) in a private placement (the “offering”) only to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Knight-Swift also intends to grant the initial purchasers of the notes an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150.0 million aggregate principal amount of the notes. The notes will be general senior unsecured obligations of Knight-Swift and will accrue interest payable semiannually in arrears. Upon conversion, Knight-Swift will pay cash up to the aggregate principal amount of the notes to be converted and pay or deliver, as the case may be, cash, shares of Knight-Swift’s common stock or a combination of cash and shares of Knight-Swift’s common stock, at Knight-Swift’s election, in respect of the remainder, if any, of Knight-Swift’s conversion obligation in excess of the aggregate principal amount of the notes being converted. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering. Knight-Swift expects to use the net proceeds from the offering to pay the cost of the capped call transactions described below, to repay all $300 million principal amount outstanding under its term loan due 2027, to repay $400 million of the $700 million principal amount outstanding under its term loan due 2030 (the “2025 Term Loan A-1”) and, to the extent of any remaining proceeds, to repay a portion of the principal amount outstanding under its revolving line of credit (the “Revolver”). If the initial purchasers exercise their option to purchase additional notes, Knight-Swift expects to use a portion of the net proceeds from the sale of the additional notes to enter into additional capped call transactions with the option counterparties (as defined below), repay additional principal amounts outstanding under the Revolver, and, to the extent of any remaining proceeds, repay additional principal amounts outstanding under the 2025 Term Loan A-1. In connection with the pricing of the notes, Knight-Swift expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers or affiliates thereof and/or other financial institutions (the “option counterparties”). The capped call transactions will cover, subject to customary adjustments substantially similar to those applicable to the notes, the number of shares of Knight-Swift’s common stock that will initially underlie the notes. The capped call transactions are expected generally to reduce the potential dilution to Knight-Swift’s common stock upon any conversion of notes and/or offset any cash payments Knight-Swift is required to make in excess of the principal amount of converted notes, as the case may be, with such reduction and/or offset subject to a cap. In connection with establishing their initial hedges of the capped call transactions, Knight-Swift expects that the option counterparties or their respective affiliates will purchase shares of Knight-Swift’s common stock and/or enter into various derivative transactions with respect to Knight-Swift’s common stock concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of Knight-Swift’s common stock or the notes at that time. In addition, Knight-Swift expects that the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Knight-Swift’s common stock and/or purchasing or selling Knight-Swift’s common stock or other securities of Knight-Swift in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so during any observation period related to a conversion of notes or, to the extent Knight-Swift exercises the relevant election under the capped call transactions, following any repurchase or redemption of the notes). This activity could also cause or avoid an increase or a decrease in the market price of Knight-Swift’s common stock or the notes which could affect the ability of a holder of notes to convert the notes and, to the extent the activity occurs during any observation period related to a conversion of notes, this could affect the number of shares and value of the consideration, if any, that a holder of notes will receive upon conversion of its notes. The notes and any shares of Knight-Swift’s common stock issuable upon conversion of the notes have not been and will not be registered under the Securities Act, any state securities laws or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About Knight-Swift Knight-Swift is one of North America’s largest and most diversified freight transportation companies providing multiple full truckload, less-than-truckload, intermodal, and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating one of the country's largest tractor fleets, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors. Forward-Looking Statements Any statements made in this release that are not based on historical fact are forward-looking statements, including statements concerning the proposed terms of the notes and capped call transactions, the completion, timing and size of the proposed offering of the notes and capped call transactions, the anticipated use of proceeds from the offering and the grant of the option to the initial purchasers. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Knight-Swift’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in Knight-Swift’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission (the “SEC”) and other filings that Knight-Swift makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Knight-Swift undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505535125/en/ Adam Miller, Chief Executive Officer
Andrew Hess, Chief Financial Officer
Brad Stewart, Treasurer and SVP
(602) 606-6349 Original: Knight-Swift Transportation Holdings Inc. Announces Proposed Private Placement of $1.0 Billion of Convertible Senior Notes
US Market News
2月前
Knight-Swift Transportation Holdings Inc. Announces Updated First Quarter Earnings Guidance and Introduces Second Quarter GuidanceApril 16, 2026 4:05 PM
Business Wire
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") today announced an update to its earnings guidance for the first quarter of 2026 and introduced guidance for second quarter operating performance.
Based on preliminary results and a number of developments largely isolated to the first quarter, the Company now expects Adjusted EPS(1) for the first quarter of 2026 will range from $0.08 to $0.10 (which is an update from the previously-announced expectation of $0.28 to $0.32). The revised first quarter earnings guidance reflects the following developments, which affect both GAAP and non-GAAP results for the quarter:
$0.08 per share negative impact from claims development in our less-than-truckload (LTL) segment, primarily related to a large unfavorable arbitration award on a 2022 incident
$0.05 per share negative impact from project business in our warehousing business included in our All Other Segments being deferred into the second and third quarters, partly attributable to the weather-related disruption in the first quarter
$0.02 per share negative impact for an adverse decision on VAT reimbursement in Mexico related to prior tax years
An estimated $0.05 - $0.06 per share negative impact due to severe winter weather disruptions in January and sharply rising fuel prices in March
Additionally, the Company expects Adjusted EPS(1) for the second quarter of 2026 to range from $0.45 to $0.49. This range represents a larger than normal sequential increase in quarterly results as the first quarter events cited above are not expected to recur and because freight market fundamentals are improving exiting the quarter. The Company’s projection reflects recent trends in volumes, spot rates, and bid activity, as well as expectations for a continued seasonal build in freight demand for both truckload and less-than-truckload services.
Adam Miller, CEO of Knight-Swift commented, “While the winter weather negatively impacted volumes and operating costs more than typical for a first quarter, it also exposed the reduction in truckload capacity to all stakeholders, which is very meaningful for ongoing bid activity. Similarly, the rapid increase in fuel costs was a headwind to earnings in March, but we believe this will add to the existing downward trend in supply in the truckload industry. The truckload market continues to tighten, and the bid environment is rapidly evolving while our leading presence in the one-way market grows increasingly valuable to shippers. All things considered, we are more optimistic about the earnings opportunity for our businesses over the next several quarters than we were three months ago. We expect to build momentum in the coming months as more bids run their course and new pricing and volume awards are realized in the operating results, as we continue our cost and operational initiatives, and as we anticipate more spot and project opportunities than we have seen in recent years.”
The Company’s Adjusted EPS(1) ranges are based on the current freight market, recent trends, and the current beliefs, assumptions, and expectations of management.
(1)
Our calculation of Adjusted EPS starts with GAAP diluted earnings per share and adds back the after-tax impact of intangible asset amortization as well as non-cash impairments and certain unusual items, if any.
About Knight-Swift
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies providing multiple truckload, LTL, intermodal and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest truckload fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.
Forward-Looking Statements
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be identified by their use of terms or phrases such as "believe," "may," "could," "will," "would," "should," "expects," "designed," "likely," "foresee," "goals," "seek," "target," "forecast," "estimates," "projects," "anticipates," "plans," "address," "intends," "hopes," "strategy," "objective," "mission," "continue," "maintain," "ongoing," "outlook," "potential," "feel," "predicts," "budgets," and similar terms and phrases. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to expected Adjusted EPS, the future freight environment (including, without limitation, rates, volumes, capacity, project opportunities, and seasonality), and the expected impact of our cost and execution initiatives. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Forward looking statements are subject to various risks and uncertainties, including, but not limited to current beliefs, assumptions, and expectations of management, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Our preliminary results for the first quarter of 2026 have not been subjected to all the review procedures associated with the release of actual financial results and are premised on certain assumptions. Readers should review and consider the factors that may affect future results and other disclosures in Part I, Item 1A., Risk Factors, in Knight-Swift’s Annual Report on Form 10-K for the year ended December 31, 2025, and various disclosures in other press releases, stockholder reports, and filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260416609228/en/
Adam Miller, CEO, Andrew Hess, CFO, or Brad Stewart, Treasurer and SVP - (602) 606-6349
Original: Knight-Swift Transportation Holdings Inc. Announces Updated First Quarter Earnings Guidance and Introduces Second Quarter Guidance
US Market News
3月前
TRANSTEX Acquires FleetAero Assets from Knight-Swift Transportation Holdings Inc. and Announces Long-Term Partnership to Advance Fleet Efficiency InnovationMarch 16, 2026 8:00 AM
PR Newswire (US)
Transaction strengthens TRANSTEX's position as a leading North American
provider of integrated fleet-efficiency solutions
NASHVILLE, Tenn., March 16, 2026 /PRNewswire/ - TRANSTEX, a cleantech leader in emission-reducing solutions for the transportation sector, today announced the acquisition of FleetAero assets from Knight-Swift Transportation Holdings Inc. (NYSE: KNX), one of North America's largest and most diversified freight carriers. The transaction was structured as an asset purchase and supports TRANSTEX's strategy to build one of the most comprehensive portfolios of fleet-efficiency technologies in North America.
The acquisition expands TRANSTEX's aerodynamic technology platform and strengthens its position as an integrated provider of fleet-efficiency solutions. As fleets face increasing pressure to reduce operating costs and meet tightening emissions standards, aerodynamic technologies offer one of the most immediate and cost-effective ways to improve fuel efficiency and lower emissions in heavy-duty trucking.The agreement also establishes a long-term partnership between TRANSTEX and Knight-Swift focused on advancing fleet performance, accelerating technology validation, and driving continuous innovation aligned with fuel-efficiency and emissions-reduction objectives.With more than 20 years of innovation in trailer aerodynamics, electric Auxiliary Power Units (eAPUs), and advanced thermoplastic composites, TRANSTEX continues to scale technologies designed to reduce fuel consumption, lower emissions, and improve fleet performance. The integration of FleetAero assets further strengthens the company's aerodynamic capabilities and expands its ability to deliver solutions validated through real-world fleet operations."This acquisition strengthens our position as a leading fleet-efficiency partner," said Mathieu Desjardins, President of TRANSTEX. "Partnering with Knight-Swift, an organization recognized for operational excellence and scale, allows us to accelerate innovation, validate technologies in real-world environments, and deliver measurable economic and environmental value to fleets. We look forward to supporting continued efficiency gains across their fleet while ensuring a seamless transition for stakeholders during the asset integration process."Dave Williams, Senior Vice President of Equipment and Governmental Relations at Knight-Swift, added, ""Fleet efficiency is a core priority for Knight-Swift. TRANSTEX has consistently demonstrated its ability to deliver solutions that perform in demanding, real-world conditions. We believe this long-term partnership will support continued innovation and drive measurable operational and environmental benefits across our fleet."For more information about TRANSTEX, please visit https://transtex-llc.com About TRANSTEX
TRANSTEX is a cleantech leader in the transportation sector, engineering emission-reducing solutions tailored to enhance fleet efficiency and to reduce costs. TRANSTEX has been innovating trailer aerodynamics, electric Auxiliary Power Units (eAPUs) and composite materials manufactured in North America for over 20 years. Through investment in R&D and patented technology, TRANSTEX delivers outstanding product performance and reliability, optimizing economic and environmental outcomes.About Knight-Swift Transportation Holdings Inc.
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, offering truckload transportation, logistics, and LTL (less-than-truckload) services through its extensive network across the U.S. and Mexico.
View original content to download multimedia:https://www.prnewswire.com/news-releases/transtex-acquires-fleetaero-assets-from-knight-swift-transportation-holdings-inc-and-announces-long-term-partnership-to-advance-fleet-efficiency-innovation-302713976.htmlSOURCE TRANSTEX Inc.
Original: TRANSTEX Acquires FleetAero Assets from Knight-Swift Transportation Holdings Inc. and Announces Long-Term Partnership to Advance Fleet Efficiency Innovation
US Market News
3月前
TRANSTEX acquiert des actifs de FleetAero de Knight-Swift Transportation Holdings Inc. et annonce un partenariat à long terme pour faire progresser l'innovation en matière d'efficacité pour la flotte de transportMarch 16, 2026 8:00 AM
PR Newswire (Canada)
La transaction renforce la position de TRANSTEX en tant que fournisseur nord-américain de premier plan
de solutions intégrées d'efficacité pour flottes de transport
MONTRÉAL, le 16 mars 2026 /CNW/ - TRANSTEX, chef de file des technologies propres dans les solutions de réduction des émissions pour le secteur des transports, a annoncé aujourd'hui l'acquisition d'actifs de FleetAero de Knight-Swift Transportation Holdings Inc. (NYSE: KNX), l'un des transporteurs de marchandises les plus importants et les plus diversifiés d'Amérique du Nord. La transaction a été structurée comme un achat d'actifs et soutient la stratégie de TRANSTEX visant à bâtir l'un des portefeuilles les plus complets de technologies d'efficacité des flottes de transport en Amérique du Nord.
L'acquisition élargit la plateforme technologique aérodynamique de TRANSTEX et renforce sa position en tant que fournisseur intégré de solutions d'efficacité de flottes de transport. Alors que les flottes de transport font face à des pressions croissantes pour réduire les coûts d'exploitation et respecter les normes d'émissions plus strictes, les technologies aérodynamiques offrent l'un des moyens les plus immédiats et les plus rentables d'améliorer l'efficacité énergétique et de réduire les émissions dans le secteur du camionnage lourd.L'accord établit également un partenariat à long terme entre TRANSTEX et Knight-Swift axé sur l'amélioration du rendement de flottes de transport, l'accélération de la validation de la technologie et la promotion de l'innovation continue conformément aux objectifs d'efficacité énergétique et de réduction des émissions.Avec plus de 20 ans d'innovation dans l'aérodynamique des remorques, les groupes auxiliaires de puissance électriques et les composites thermoplastiques avancés, TRANSTEX continue de mettre à l'échelle des technologies conçues pour réduire la consommation de carburant, les émissions et le rendement de flottes de transport. L'intégration des actifs de FleetAero renforce les capacités aérodynamiques de l'entreprise et élargit sa capacité à fournir des solutions validées par l'exploitation de flottes réelles.« Cette acquisition renforce notre position en tant que partenaire de premier plan en matière d'efficacité des flottes de transport, a déclaré Mathieu Desjardins, président de TRANSTEX. Le partenariat avec Knight-Swift, une organisation reconnue pour son excellence opérationnelle et son envergure, nous permet d'accélérer l'innovation, de valider les technologies dans des environnements réels et d'offrir une valeur économique et environnementale mesurable aux flottes. Nous sommes impatients de soutenir les gains d'efficacité continus dans l'ensemble de leur flotte tout en assurant une transition harmonieuse pour les intervenants pendant le processus d'intégration des actifs. »Dave Williams, vice-président principal, Équipement et relations gouvernementales chez Knight-Swift, a ajouté : « L'efficacité de flottes de transport est une priorité de base pour Knight-Swift. TRANSTEX a constamment démontré sa capacité à offrir des solutions efficaces dans des conditions exigeantes et réelles. Nous croyons que ce partenariat à long terme appuiera l'innovation continue et générera des avantages opérationnels et environnementaux mesurables pour l'ensemble de notre flotte. »Pour de plus amples renseignements sur TRANSTEX, veuillez consulter le site https://transtex-llc.com.À propos de TRANSTEX
TRANSTEX est un chef de file des technologies propres dans le secteur des transports, qui conçoit des solutions de réduction des émissions conçues pour améliorer l'efficacité de flottes de transport et réduire les coûts. TRANSTEX innove dans les domaines de l'aérodynamique des remorques, des groupes auxiliaires de puissance électriques et des matériaux composites fabriqués en Amérique du Nord depuis plus de 20 ans. Grâce à des investissements en recherche et développement et dans des technologies brevetées, TRANSTEX offre une fiabilité et un rendement exceptionnels en optimisant les résultats économiques et environnementaux.À propos de Knight-Swift Transportation Holdings Inc.
Knight-Swift Transportation Holdings Inc. est l'une des sociétés de transport de marchandises les plus importantes et les plus diversifiées d'Amérique du Nord, offrant des services de transport de lots complets, de logistique et de transport de lots brisés par l'entremise de son vaste réseau aux États-Unis et au Mexique.
SOURCE TRANSTEX Inc.
Original: TRANSTEX acquiert des actifs de FleetAero de Knight-Swift Transportation Holdings Inc. et annonce un partenariat à long terme pour faire progresser l'innovation en matière d'efficacité pour la flotte de transport
US Market News
3月前
TRANSTEX Acquires FleetAero Assets from Knight-Swift Transportation Holdings Inc. and Announces Long-Term Partnership to Advance Fleet Efficiency InnovationMarch 16, 2026 8:00 AM
PR Newswire (Canada)
Transaction strengthens TRANSTEX's position as a leading North American
provider of integrated fleet-efficiency solutions
MONTREAL, March 16, 2026 /CNW/ - TRANSTEX, a cleantech leader in emission-reducing solutions for the transportation sector, today announced the acquisition of FleetAero assets from Knight-Swift Transportation Holdings Inc. (NYSE: KNX), one of North America's largest and most diversified freight carriers. The transaction was structured as an asset purchase and supports TRANSTEX's strategy to build one of the most comprehensive portfolios of fleet-efficiency technologies in North America.
The acquisition expands TRANSTEX's aerodynamic technology platform and strengthens its position as an integrated provider of fleet-efficiency solutions. As fleets face increasing pressure to reduce operating costs and meet tightening emissions standards, aerodynamic technologies offer one of the most immediate and cost-effective ways to improve fuel efficiency and lower emissions in heavy-duty trucking.The agreement also establishes a long-term partnership between TRANSTEX and Knight-Swift focused on advancing fleet performance, accelerating technology validation, and driving continuous innovation aligned with fuel-efficiency and emissions-reduction objectives.With more than 20 years of innovation in trailer aerodynamics, electric Auxiliary Power Units (eAPUs), and advanced thermoplastic composites, TRANSTEX continues to scale technologies designed to reduce fuel consumption, lower emissions, and improve fleet performance. The integration of FleetAero assets further strengthens the company's aerodynamic capabilities and expands its ability to deliver solutions validated through real-world fleet operations."This acquisition strengthens our position as a leading fleet-efficiency partner," said Mathieu Desjardins, President of TRANSTEX. "Partnering with Knight-Swift, an organization recognized for operational excellence and scale, allows us to accelerate innovation, validate technologies in real-world environments, and deliver measurable economic and environmental value to fleets. We look forward to supporting continued efficiency gains across their fleet while ensuring a seamless transition for stakeholders during the asset integration process."Dave Williams, Senior Vice President of Equipment and Governmental Relations at Knight-Swift, added, ""Fleet efficiency is a core priority for Knight-Swift. TRANSTEX has consistently demonstrated its ability to deliver solutions that perform in demanding, real-world conditions. We believe this long-term partnership will support continued innovation and drive measurable operational and environmental benefits across our fleet."For more information about TRANSTEX, please visit https://transtex-llc.com About TRANSTEX
TRANSTEX is a cleantech leader in the transportation sector, engineering emission-reducing solutions tailored to enhance fleet efficiency and to reduce costs. TRANSTEX has been innovating trailer aerodynamics, electric Auxiliary Power Units (eAPUs) and composite materials manufactured in North America for over 20 years. Through investment in R&D and patented technology, TRANSTEX delivers outstanding product performance and reliability, optimizing economic and environmental outcomes.About Knight-Swift Transportation Holdings Inc.
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, offering truckload transportation, logistics, and LTL (less-than-truckload) services through its extensive network across the U.S. and Mexico.
SOURCE TRANSTEX Inc.
Original: TRANSTEX Acquires FleetAero Assets from Knight-Swift Transportation Holdings Inc. and Announces Long-Term Partnership to Advance Fleet Efficiency Innovation
stocktrademan
11年前
$KNX DD Notes ~ http://www.ddnotesmaker.com/KNX
bullish
$KNX recent news/filings
## source: finance.yahoo.com
Mon, 24 Nov 2014 09:39:05 GMT ~ I.D. Systems Receives Renewal Contract From Knight Transportation for Trailer Fleet Management Solutions
[at noodls] - WOODCLIFF LAKE, N.J. and PLANO, Texas, Nov. 20, 2014 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a contract with Knight ...
read full: http://www.noodls.com/view/EF97A58D54FD266D8C64F63F3E3551A6E6DB9A76
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Thu, 20 Nov 2014 14:00:00 GMT ~ I.D. Systems Receives Renewal Contract From Knight Transportation for Trailer Fleet Management Solutions
[GlobeNewswire] - WOODCLIFF LAKE, N.J. and PLANO, Texas -- I.D. Systems, Inc. , a leading provider of wireless M2M asset management solutions, has executed a contract with Knight Transportation, Inc. , one of North America's ...
read full: http://finance.yahoo.com/news/d-systems-receives-renewal-contract-140000793.html
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Wed, 19 Nov 2014 18:04:27 GMT ~ KNIGHT TRANSPORTATION INC Financials
read full: http://finance.yahoo.com/q/is?s=knx
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Mon, 17 Nov 2014 13:24:28 GMT ~ Zacks Investment Ideas feature highlights: American Airlines, Alaska Air Group, Spirit Airlines, Old Dominion Freight Line and Knight Transportation
read full: http://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-132428941.html
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Thu, 13 Nov 2014 23:58:00 GMT ~ Market Advance Spawns Many Winning Stocks
read full: http://news.investors.com/111314-726425-market-rally-spawns-winning-stocks.htm?ven=yahoocp&src=aurlled&ven=yahoo
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$KNX charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$KNX company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/KNX/company-info
Ticker: $KNX
OTC Market Place: Not Available
CIK code: 0000929452
Company name: Knight Transportation, Inc.
Company website: http://www.knighttransportation.com
Incorporated In: AZ, USA
$KNX share structure
## source: otcmarkets.com
Market Value: $2,637,313,055 a/o Dec 05, 2014
Shares Outstanding: 81,148,094 a/o Oct 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$KNX extra dd links
Company name: Knight Transportation, Inc.
Company website: http://www.knighttransportation.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/KNX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/KNX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=KNX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=KNX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=KNX+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/KNX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/news - http://finance.yahoo.com/q/h?s=KNX+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/KNX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/KNX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/KNX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/KNX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/KNX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/KNX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/KNX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=KNX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/KNX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Knight+Transportation%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Knight+Transportation%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Knight+Transportation%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.knighttransportation.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.knighttransportation.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.knighttransportation.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/KNX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/KNX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/KNX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/KNX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/KNX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000929452&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/KNX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/KNX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=KNX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=KNX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=KNX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=KNX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=KNX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=KNX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=KNX+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/KNX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=KNX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/KNX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=KNX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/KNX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/KNX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/KNX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/KNX/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/KNX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/KNX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/KNX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=KNX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=KNX
$KNX DD Notes ~ http://www.ddnotesmaker.com/KNX