Knight swift Transportation Holdings Inc (KNX) |
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Price: $54.1400
$-0.50
-0.915%
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Day's High:
| $55
| Week Perf:
| -4.46 %
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Day's Low: |
$ 54.11 |
30 Day Perf: |
-8.41 % |
Volume (M): |
2,290 |
52 Wk High: |
$ 60.99 |
Volume (M$): |
$ 123,991 |
52 Wk Avg: |
$55.09 |
Open: |
$54.30 |
52 Wk Low: |
$45.73 |
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Market Capitalization (Millions $) |
8,773 |
Shares
Outstanding (Millions) |
162 |
Employees |
5,485 |
Revenues (TTM) (Millions $) |
7,142 |
Net Income (TTM) (Millions $) |
216 |
Cash Flow (TTM) (Millions $) |
84 |
Capital Exp. (TTM) (Millions $) |
1,072 |
Knight Swift Transportation Holdings Inc
We are a provider of multiple full truckload transportation and logistics services,
which generally involve the movement of full trailer or container loads of freight
from origin to destination for a single customer. We are one of North Americas
largest truckload transportation providers. We provide significant capacity
and a broad range of truckload and logistics services through our nationwide
network of service centers, one of the countrys largest truckload tractor fleets,
and our contractual access to thousands of third-party capacity providers. We
have grown substantially by increasing the geographic reach of our service center
network and by expanding the breadth of our services for customers.
Through the creation of a new entity and the acquisition further described
below, we have enhanced our business and service offerings with additional service
centers and increased our driving associates, tractor fleet and capacity. Through
our multiple service offerings, capabilities, and transportation modes, we are
able to transport, or arrange for the transportation of, general commodities
for our diversified customer base throughout the contiguous United States and
parts of Canada and Mexico using state-of-the-art equipment, information technology,
and qualified driving associates and non-driver employees. We are committed
to providing our customers with a wide range of truckload and logistics services
and continue to invest considerable resources toward developing a range of solutions
for our customers across multiple service offerings and transportation modes.
Our overall objective is to provide truckload and logistics services that, when
combined, lead the industry for margin and growth while providing efficient
and cost-effective solutions for our customers.
Our Trucking operating strategy is to gain truckload market share by leveraging
our service offerings provided through our service center network, developing
and enhancing customer relationships, and improving asset productivity through
enhanced technology and market knowledge, while maintaining an extreme focus
on cost. To achieve these goals, we operate primarily in high-density, predictable
freight lanes in select geographic regions and attempt to develop and expand
our customer base around each of our service centers by providing multiple truckload
services for our customers. This operating strategy allows us to service the
large amount of truckload freight transported in regional markets. Our service
centers enable us to better serve our customers and work more closely with our
driving associates. We operate a modern fleet to appeal to drivers and customers,
reduce maintenance expenses and downtime, and enhance our operating efficiencies.
We employ technology in both our Trucking and Logistics segments in a cost-effective
manner to assist us in controlling operating costs and enhancing revenue. Our
Logistics operating strategy is to match quality capacity with the shipping
needs of our customers through the capacity provided by our network of third-party
carriers and our rail providers. Our goal is to increase our market presence,
both in existing operating regions and in other areas where we believe the freight
environment meets our operating strategy, while seeking to achieve industry-leading
operating margins and returns on investment.
We operate primarily in the United States with minor operations in Canada and
Mexico. Substantially all of our revenue is generated from within the United
States. All of our tractors are domiciled in the United States, and for the
past three years, we estimate that less than one percent of our revenue has
been generated in Canada and Mexico. We do not separately track domestic and
foreign revenue from customers, and providing such information would not be
meaningful. All of our long-lived assets are, and have been for the last three
fiscal years, located within the United States.
We strive to provide superior, on-time service at a meaningful value to our
customers and seek to establish ourselves as a preferred truckload and logistics
provider for our customers. We provide truckload capacity for customers in high-density
lanes where we can provide them with a high level of service, as well as flexible
and customized logistics services on a nationwide basis. Our Trucking services
include Dry Van, Refrigerated, and Drayage, which also include dedicated truckload
services customized according to customer needs. Our Logistics services include
Brokerage, Intermodal, and certain logistics, freight management, and non-trucking
services, which provide various shipping alternatives and transportation modes
for customers by utilizing our expansive network of third-party capacity providers
and rail partners. We price our Trucking and Logistics services commensurately
with the level of service our customers require and market conditions. By providing
customers a high level of service, we believe we avoid competing solely on the
basis of price.
Company Address: 2002 West Wahalla Lane Phoenix 85027 AZ
Company Phone Number: 269-2000 Stock Exchange / Ticker: NYSE KNX
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Customers Net Income fell by |
KNX's Customers Net Profit Margin fell to |
-0.5 % |
4.51 %
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Stock Performances by Major Competitors |
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Management Changes
Published Tue, Feb 27 2024 2:15 PM UTC
Mr. Miller's promotion to the CEO position reflects his strong background and expertise in the transportation sector. Having served as the company's CFO and President of Swift Transportation, he brings valuable experience to the role. His ability to navigate the complexities of the industry and drive strategic initiatives will be instrumental in Knight-Swift's future su...
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Knight Swift Transportation Holdings Inc
Knight-Swift Transportation Holdings Inc (NYSE: KNX), one of North America's largest and most diversified freight transportation companies, recently released its earnings for the quarter ended December 31, 2023. Despite revenue growth of 10.799% from the corresponding reporting season a year prior, the company slipped into a loss of $0.07 loss per share. This is in contrast to many other companies in the Transport & Logistics sector, which experienced a decline in revenue during the same period. In the previous reporting season, Knight-Swift saw a decrease in revenue of -4.357% from $2.02 billion, and earnings per share fell from $0.37 per share. The company also reported a net loss of $10.993 million for the fiscal interval ending December 31, 2023, compared to a bottom line of $148.596 million in the same reporting season the year before. Operating earnings fell by -90.97% to $18.28 million, resulting in a decrease in the company's operating margin to 0.95% from 11.62% in the fourth quarter of 2022.
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Dividend
Published Mon, Nov 13 2023 8:05 PM UTC
Knight-Swift Transportation Holdings Inc. (NYSE: KNX), a leading transportation and logistics company, recently declared a quarterly cash dividend of $0.14 per share of common stock. The company's board of directors approved this dividend, which is part of a cash dividend policy. While the declaration of future dividends is subject to final determination, Knight-Sw...
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Knight Swift Transportation Holdings Inc
Knight-Swift Transportation Holdings Inc. is a well-known trucking company in the United States. In the third quarter of 2023, the company reported mixed financial results. While revenue increased by 6.49% to $2.02 billion compared to the previous year, income per share decreased significantly by 69.42% to $0.37 per share. The increase in revenue can be attributed to the company's efforts to improve sales during the financial period of July to September 2023. This resulted in a surge of 30.068% in revenue compared to the previous period. However, the decline in income per share indicates that the company's profitability took a hit during this time.
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Knight Swift Transportation Holdings Inc
As a stock market journalist, it is my duty to interpret and shed light on the recent financial results of companies for the benefit of investors and market participants. Today, I will be analyzing the financial performance of Knight Swift Transportation Holdings Inc for the second quarter of 2023. The company experienced a significant decline in revenue, with a staggering decrease of 20.812%. This led to a slump in income by -71.11%. In actual numbers, Knight Swift Transportation Holdings Inc posted $1.55 billion in revenue for this quarter, which is a considerable decrease compared to the $1.96 billion it achieved in the same period a year ago.
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Per Share |
Current |
Earnings (TTM) |
1.33 $ |
Revenues (TTM) |
44.07 $
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Cash Flow (TTM) |
0.52 $ |
Cash |
2.88 $
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Book Value |
43.84 $
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Dividend (TTM) |
0.56 $ |
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Per Share |
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Earnings (TTM) |
1.33 $
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Revenues (TTM) |
44.07 $ |
Cash Flow (TTM) |
0.52 $ |
Cash |
2.88 $
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Book Value |
43.84 $ |
Dividend (TTM) |
0.56 $ |
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Company Estimates |
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• Revenue Outlook
Knight Swift Transportation Holdings Inc does not provide revenue guidance.
• Earnings Outlook
Knight swift Transportation Holdings Inc does not provide earnings estimates.
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