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In 2017, Knight Transportation merged with Swift Transportation [4] and Knight-Swift Transportation Holdings Inc. was formed to serve as the parent company for both carriers. In 2019, Knight-Swift settled a $100 million class-action lawsuit alleging the company failed to classify 20,000 owner-operator drivers as employees.
Swift Transportation is a Phoenix, Arizona-based American truckload motor shipping carrier, part of Knight-Swift. With over 23,000 trucks, it is the largest common carrier in the United States. [ 2 ] In 2017, Swift merged with Knight Transportation , also of Phoenix.
Knight-Swift is the parent of truckload carriers Knight Transportation and Swift Transportation as well as several other subsidiaries in the truckload and intermodal markets. Before acquiring ACT, Knight-Swift as a whole operated 18,500 tractors and 54,600 trailers, the largest tractor fleet in the US. [4]
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Knight Transportation (NYS: KNX) only managed to meet estimates last quarter, but investors hope that it will surpass expectations this quarter. The company will unveil its latest earnings on ...
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