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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.
By the turn of the century, Swift was a billion dollar company. [10] In 2017, Swift and Knight Transportation merged to become known as Knight-Swift. Knight-Swift Transportation is the seventh largest trucking company in the world with $7.5 billion in annual revenue providing hauling and logistics services in the U.S., Canada, and Mexico. [11] [12]
Dave Jackson became the CEO of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in 2015. This report will, first... Our Take On Knight-Swift Transportation Holdings Inc.'s (NYSE:KNX) CEO Salary
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Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Ian Langely, Frank’s nephew, joined the business in 1988 to set up the technical staffing business. Ian purchased the company from Frank in 1995 and changed the name of the business to Air Resources, which later became Air Energi. Swift Worldwide Resources was founded in 1981 by Pat Swift, who was a commissioning engineer in the North Sea.