Knight Transportation, Inc. provides multiple full truckload transportation and logistics services. The company provides significant capacity and a range of truckload and logistics services through its nationwide network of service centers. Through its multiple service offerings, capabilities, and transportation modes, the company is able to transport, or arrange for the transportation of, general commodities for its diversified customer base throughout the contiguous United States, Canada, and Mexico. Segments The company has two reportable segments, Trucking and Logistics. The Trucking segment comprises three operating units: dry van truckload (Dry Van), temperature-controlled truckload (Refrigerated), and drayage services (Drayage). The company, through Knight Refrigerated, LLC, provides refrigerated services. In 2008, the company further enhanced its services by creating Knight Port Services, LLC, which provides drayage services between ocean ports, rail ramps, and shipping docks. In 2014, the company grew its asset-based refrigerated offerings through Kool Trans, LLC, a majority-owned subsidiary that focuses on temperature-controlled services. Also in 2014, the company strengthened its dry van and expedited services through the acquisition of Barr-Nunn Transportation, Inc. The company operates a large, modern tractor fleet and uses independent contractors to provide various asset-based solutions, including multiple stop pick-ups and deliveries, dedicated equipment and personnel, on-time expedited pick-ups and deliveries, specialized driver training, and other truckload services. Logistics segment The Logistics segment consists of two primary operating units: freight brokerage services (Brokerage) and rail intermodal (Intermodal). The company also provides logistics, freight management and other non-trucking services to its customers through its Logistics business. The company’s subsidiary, Knight Brokerage, LLC, develops contractual relationships with third-party capacity providers who provide their equipment and services to transport customer freight. The company’s Logistics offerings meet its customers' transportation needs by providing a range of shipping alternatives from its network of third-party capacity providers and its rail providers. As of December 31, 2014, its Logistics segment had transportation services contracts with approximately 19,122 carriers. Revenue Equipment In 2014, the company operated an average of 3,718 company-owned tractors with an average age of 1.6 years. The company also had under contract 456 tractors owned and operated by independent contractors, as of December 31, 2014. The company also operated an average of 9,732 trailers in 2014. Strategy The company’s growth strategy is focused on the following key areas: expanding existing service centers; improving asset productivity; strengthening customer relationships; diversifying service offerings; and acquiring and growing opportunistically. Regulations The company’s operations are regulated and licensed by various government agencies, including the United States Department of Transportation, U.S. Environmental Protection Agency, and the U.S. Department of Homeland Security (DHS). History Knight Transportation, Inc. was founded in 1989.
knight transportation inc (KNX:New York)
20002 North 19th Avenue
Phoenix, AZ 85027
|ArcBest Corp||$29.04 USD||+0.05|
|Hub Group Inc||$37.06 USD||-0.68|
|Integrated Freight Corp||$0.0005 USD||0.00|
|Landstar System Inc||$66.06 USD||-0.81|
|Werner Enterprises Inc||$26.54 USD||+0.09|
|View Industry Companies|
Sponsored Financial Commentaries
To contact KNIGHT TRANSPORTATION INC, please visit www.knighttransportation.com. Company data is provided by Capital IQ. Please use this form to report any data issues.