Knight-Swift's stock hurt by profit warning on over-supplied truck market and bad weather
- Knight-Swift Transportation Holdings Inc.'s stock slid 3.5% Wednesday, after the freight company drastically lowered guidance for the first half, citing an oversupplied truck market, disruptive weather in January and a softer-than-expected start to the bid season.
- 04/17/2024
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Analysts Estimate Knight-Swift Transportation Holdings (KNX) to Report a Decline in Earnings: What to Look Out for
- Knight-Swift (KNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/17/2024
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Knight-Swift Transportation Announces Updated First and Second Quarter Earnings Guidance
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") today announced an update to its earnings guidance for the first and second quarters of 2024. Based on preliminary results, the Company now expects that Adjusted EPS(1) for the first quarter of 2024 will range from $0.11 to $0.12 (which is an update from the previously-announced expectation of $0.37 to $0.41). This range includes a loss of $0.08 per share for the third-party.
- 04/17/2024
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Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that Adam Miller, Chief Executive Officer, Andrew Hess, Chief Financial Officer, and Brad Stewart, Treasurer and Senior Vice President of Investor Relations, are scheduled to participate in the following upcoming transportation conference: Bank of America Securities Transportation, Airlines, and Industrials Conference May 16, 2024 Bank of America Tower, One Bryant Park, New York, NY About Knight-Swif.
- 04/10/2024
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Knight-Swift Transportation Holdings Inc. Announces Timing of First Quarter 2024 Earnings Release and Related Conference Call
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2024 first quarter earnings after market close on Wednesday, April 24, 2024. Additionally, Knight-Swift will host a live conference call with analysts and investors on Wednesday, April 24, 2024, at 4:30 p.m. EDT to discuss the earnings release, the results of operations, and other matters following its earnings press release. (Please note that since the.
- 04/02/2024
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Knight-Swift (KNX) Benefits From Dividend Amid Cost Woes
- Knight-Swift's (KNX) shareholder-friendly measures look encouraging. However, a rise in operating expenses and high debt are likely to hurt the bottom line.
- 03/14/2024
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The Top 7 Transportation Stocks to Buy in March 2024
- There are some top transportation stocks to buy for March this year. Despite the allure of sexy stocks like Nvidia (NASDAQ: NVDA ) or Palantir (NYSE: PLTR ) taking up much of the air time in the financial media, these companies are solid options that have recently entered into buying zones.
- 03/07/2024
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27 Upcoming Dividend Increases Including A Dividend King
- A new list of 27 new dividend increases, including King Kimberly-Clark and three other champions.
- 02/29/2024
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Knight-Swift (KNX) Appoints a New CEO as Incumbent Steps Down
- David Jackson steps down as Knight-Swift's (KNX) CEO after nine years at the helm.
- 02/28/2024
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Knight-Swift Transportation Announces CEO Transition and New CFO
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) (“Knight-Swift” or the “Company”), one of the largest and most diversified freight transportation companies, announced today that Adam Miller has been promoted to Chief Executive Officer and Andrew Hess has been promoted to Chief Financial Officer. Mr. Miller had been serving as the Company's Chief Financial Officer and President of Swift Transportation, while Mr. Hess had been serving as Senior Vice President of M.
- 02/27/2024
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Why Is Knight-Swift (KNX) Up 0.1% Since Last Earnings Report?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?
- 02/23/2024
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Trucking Industry Rises 12.5% in 3 Months: More Room to Run?
- Consistent shareholder-friendly initiatives bode well for stocks like KNX, ODFL, JBHT and LSTR in the trucking industry.
- 02/22/2024
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Bear Of The Day: KnightSwift Transportation (KNX)
- KnightSwift Transportation (KNX) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower due following a recent earnings miss. The company is in trucking and transportation industry and could be interesting to some investors at these levels.
- 02/21/2024
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CSX Rewards Shareholders With Dividend Increase of 9.1%
- CSX has a solid dividend growth track record over the past five years.
- 02/19/2024
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Knight-Swift (KNX) Rides on Dividend Amid Soft Freight Demand
- While shareholder-friendly measures adopted by Knight-Swift (KNX) look encouraging, softness in freight demand hurts Knight-Swift's fourth-quarter 2023 results.
- 02/12/2024
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Knight-Swift (KNX) Rewards Investors With 14.2% Dividend Hike
- Knight-Swift (KNX) reports a solid dividend growth track record over the past five years.
- 02/06/2024
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47 Stocks From Bloomberg's Dividend Focus For 2024
- January 15, Bloomberg Business Week published The Year Ahead special edition. 50 stocks therein touted as “Companies to Watch". YCharts produced this list of January 47 stocks; of which, 32 Pay dividends and 12 measure-up to the dogcatche-ideal of promising dividend-payouts, from $1k invested, greater-than their single-share prices. How're they doin' now? The top-ten Divvy 32 for January ranged 4.09% to 8.59% in annual-yield and ranged 10.87% to 62.07% in one-year price-target-upsides per brokers as of 1/29/24.
- 02/01/2024
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Knight-Swift (KNX) Q4 Earnings Lag Estimates, Revenue Beat
- Knight-Swift's (KNX) fourth-quarter 2023 earnings decline year over year while revenues improve.
- 01/29/2024
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Knight-Swift Transportation Holdings Inc. (KNX) Q4 2023 Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (KNX) Q4 2023 Earnings Call Transcript
- 01/24/2024
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Compared to Estimates, Knight-Swift (KNX) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Knight-Swift (KNX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/24/2024
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Knight-Swift Transportation Holdings (KNX) Q4 Earnings Lag Estimates
- Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $1 per share a year ago.
- 01/24/2024
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Curious about Knight-Swift (KNX) Q4 Performance? Explore Wall Street Estimates for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Knight-Swift (KNX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
- 01/19/2024
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Analysts Estimate Knight-Swift Transportation Holdings (KNX) to Report a Decline in Earnings: What to Look Out for
- Knight-Swift (KNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/17/2024
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Here's Why Investors Should Hold Knight-Swift (KNX) Stock Now
- Strong air-travel demand and low debt boost Knight-Swift (KNX).
- 01/09/2024
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3 Truck Stocks to Keep an Eye on Despite Industry Weakness
- The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture mainly due to the slowdown in freight demand. We believe that stocks like ODFL, KNX and ARCB are better positioned to escape industry challenges.
- 12/21/2023
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Transportation industry breakout will make these stocks rally
- There's a blueprint behind every winning investment that tends to be forgotten during the good and easy times in the stock market. However, following a solid plan is being called for in today's environment.
- 12/12/2023
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Trucking Industry Up 29% Year to Date: More Room to Run?
- Improvement in freight demand, a decline in fuel prices and consistent shareholder-friendly initiatives bode well for the stocks in the trucking industry.
- 11/21/2023
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Knight-Swift (KNX) Q3 Earnings & Revenues Surpass Estimates
- Knight-Swift's (KNX) third-quarter 2023 earnings decline year over year while revenues improve.
- 10/20/2023
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Why Knight-Swift Transportation Stock Popped Today
- Profits fell sharply but still beat estimates. Knight-Swift seems likely to benefit from Convoy's bankruptcy.
- 10/20/2023
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Knight-Swift Transportation price target raised by analysts following 3Q results
- Knight-Swift Transportation shares gained more than 10% as its third quarter results outperformed Street expectations and Bank of America analysts bumped up their price target on the company. The analysts increased their price target on the Phoenix, Arizona-headquartered provider of truckload and logistics services to US$65 from US$61 and reiterated their ‘Buy' rating.
- 10/20/2023
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Knight-Swift Transportation stock climbs as 3Q results top estimates
- Knight-Swift Transportation Holdings Inc shares jumped 13% to $51.68 in early Friday trading after the diversified freight transportation company reported third-quarter 2023 financial results that surpassed the analyst consensus estimate for both its top and bottom lines. Knight-Swift generated earnings per share (EPS) for the period of $0.41 on revenue that rose 6.5% year over year to $2.02 billion.
- 10/20/2023
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Knight-Swift Stock Is Soaring. The Trucker's Solid Earnings Aren't What's Driving It.
- The company posted third-quarter earnings per share of 41 cents from sales of $2 billion. Wall Street was looking for 36 cents and $1.9 billion, respectively.
- 10/20/2023
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Knight-Swift Transportation Holdings Inc. (KNX) Q3 2023 Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (KNX) Q3 2023 Earnings Call Transcript
- 10/19/2023
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Knight-Swift Transportation Holdings (KNX) Beats Q3 Earnings and Revenue Estimates
- Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.27 per share a year ago.
- 10/19/2023
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Don't Miss the Boom: 3 Transportation Stocks Set to Explode Higher
- At first glance, the concept of transportation stocks to buy might seem odd if not outright precarious. With the underlying ecosystem dependent on economic stability, concerns about a possible recession on the horizon present a dour framework.
- 09/30/2023
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Here's Why You Should Avoid Knight-Swift (KNX) Stock Now
- Knight-Swift (KNX) lowers its earnings per share guidance in the range of $2.10-$2.30 (earlier view: $3.35-$3.55) for 2023.
- 09/29/2023
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Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that David Jackson, President and Chief Executive Officer, Adam Miller, Chief Financial Officer, and Brad Stewart, Treasurer and Senior Vice President of Investor Relations, are scheduled to participate in the following upcoming transportation conference: Morgan Stanley 11th Annual Laguna Conference – Thursday, September 14, 2023 Waldorf Astoria, Dana Point, CA Dave Jackson, President and Chief Execu.
- 08/10/2023
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Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that Adam Miller, Chief Financial Officer, and Brad Stewart, Treasurer and Senior Vice President of Investor Relations, are scheduled to participate in the following upcoming transportation conference: Deutsche Bank 2023 Transportation Conference – August 16, 2023 Deutsche Bank Center, New York, NY Adam Miller, Chief Financial Officer, Brad Stewart, Treasurer and Senior Vice President of Investor Rel.
- 07/25/2023
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A Trucker's Stock Is Up, a Railroad Stock Is Down. They Delivered the Same Message.
- Trucker Knight-Swift Transportation and railroad operator CSX reported second-quarter numbers late Thursday. The stocks are going in opposite directions on Friday, but the message both delivered about the economy was the same.
- 07/21/2023
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Knight-Swift (KNX) Reports Q2 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Knight-Swift (KNX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 07/20/2023
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Knight-Swift Transportation Holdings Inc. (KNX) Q2 2023 Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (KNX) Q2 2023 Earnings Call Transcript
- 07/20/2023
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Knight-Swift Transportation Holdings (KNX) Lags Q2 Earnings and Revenue Estimates
- Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $1.41 per share a year ago.
- 07/20/2023
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Transportation Stocks' Jul 20 Q2 Earnings Roaster: AAL, CSX & KNX
- Let us look at three transportation companies, AAL, CSX & KNX, which are gearing up for their second-quarter 2023 earnings release.
- 07/18/2023
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3 Mid-Cap Stocks with Expectations for High-Earnings Growth
- Mid-cap stocks give investors a “middle of the road” alternative to slow-but-steady large-cap stocks and volatile small-cap stocks. These stocks offer investors less volatility (but potentially less upside) compared to small-cap stocks.
- 07/18/2023
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What's in the Cards for Knight-Swift (KNX) in Q2 Earnings?
- Knight-Swift's (KNX) second-quarter 2023 results are expected to have been weighed down by weakness in freight demand and higher expenses.
- 07/17/2023
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Earnings Preview: Knight-Swift Transportation Holdings (KNX) Q2 Earnings Expected to Decline
- Knight-Swift (KNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/13/2023
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3 Trucking Stocks to Keep Tabs on Amid Industry Challenges
- Rising operating expenses are hurting Zacks Transportation-Truck industry's prospects. However, stocks like JBHT, KNX and WERN appear better positioned to escape the industry challenges.
- 07/10/2023
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Here's Why You Should Hold Knight-Swift (KNX) in Portfolio Now
- Pro-investor steps and deal to acquire U.S. Xpress Enterprises boost Knight-Swift (KNX). However, low freight demand is a concern.
- 07/10/2023
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Knight-Swift lowers Q2 expectations, closes on U.S. Xpress deal
- Knight-Swift Transportation warned Wednesday that second-quarter results are likely to disappoint in a news release also confirming it has closed on the previously announced acquisition of truckload carrier U.S. Xpress. The transportation and logistics provider said a weaker than expected operating environment in the truckload sector would likely result in consolidated operating margin deterioration of 1,100 to 1,200 basis points year over year (y/y) in the second quarter and that its full-year guidance would be updated when it reports results on July 20.
- 07/05/2023
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U.S. Xpress filing confirms closing of its sale to Knight-Swift
- The Knight-Swift acquisition of truckload carrier U.S. Xpress has closed, with U.S. Xpress stock no longer trading and the company filing a delisting document with the Securities and Exchange Commission. Knight-Swift (NYSE: KNX) has made no comment or filing about the closing of the deal, but U.S. Xpress' notice Monday to the SEC delisting its stock from the New York Stock Exchange says the closing was effective July 1.
- 07/03/2023
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Top Calls: Citi Upgrades Rail Stocks
- Christian Wetherbee, Citi Research Managing Director& Senior Transportation Analyst joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.
- 05/23/2023
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Knight-Swift (KNX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Knight-Swift (KNX) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/12/2023
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Knight-Swift's (KNX) Q1 Earnings Miss Estimates, Down Y/Y
- Knight-Swift's (KNX) first-quarter 2023 earnings and revenues fall year over year.
- 04/21/2023
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Knight-Swift Transportation Holdings Inc. (KNX) Q1 2023 Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (KNX) Q1 2023 Earnings Call Transcript.
- 04/20/2023
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Knight-Swift resets expectations for 2023 after rough Q1
- The nation's largest truckload carrier, Knight-Swift Transportation, missed first-quarter expectations and significantly reeled in its 2023 earnings outlook. Full-year earnings per share are now forecast in a range of $3.35 to $3.55, 16% lower than the guidance provided just a quarter ago (calculated at the midpoint).
- 04/20/2023
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Knight-Swift Transportation Holdings (KNX) Lags Q1 Earnings and Revenue Estimates
- Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.35 per share a year ago.
- 04/20/2023
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4 Trucking Stocks to Keep Tabs on Amid Industry Challenges
- Escalating operating expenses are hurting the Zacks Transportation-Truck industry's prospects. However, stocks like ODFL, JBHT, KNX and LSTR appear better positioned to escape the industry challenges.
- 04/20/2023
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Knight Transportation Buying U.S. Xpress Enterprises For $808 Million: Details (KNX) (USX)
- Knight-Swift Transportation is buying U.S. Xpress Enterprises for $808 million. These are the details.
- 03/22/2023
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Knight-Swift (KNX) to Acquire U.S. Xpress for $808 Million
- The acquisition of U.S. Express by Knight-Swift (KNX) is likely to be completed in late second-quarter or early third-quarter 2023.
- 03/22/2023
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Knight-Swift to remain on M&A prowl, still looking at LTL targets
- Knight-Swift Transportation's latest acquisition is a bit of a reversal from recent initiatives, which were designed to dilute some of the cyclicality inherent in being an over-the-road truckload carrier. Those actions included acquiring less-than-truckload assets and building out a power-only brokerage offering.
- 03/21/2023
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Knight-Swift Transportation: Adding To The Dealmaking Track Record
- Knight-Swift Transportation Holdings Inc. has seen 2022 end on a softer note. The margin profile from 2021 and early 2022 was not sustainable, with 2023 earnings set to fall a bit.
- 03/21/2023
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Knight-Swift Transportation Navigating Around Potholes In The Trucking Cycle
- Knight-Swift had a disappointing fourth quarter, as deterioration in the core trucking and logistics markets hit the company even harder than expected. Trucking continues to be pressured by overcapacity and weak freight demand, and an expected second-half recovery is tied to improved consumer spending and further retailer destocking.
- 03/01/2023
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CSX Boosts Investors' Wealth, Offers 10% Dividend Hike
- CSX has a solid dividend growth record over the past five years.
- 02/17/2023
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Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conferences
- PHOENIX--( BUSINESS WIRE )--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that David Jackson, President and Chief Executive Officer, Adam Miller, Chief Financial Officer, and Brad Stewart, Senior Vice President of Investor Relations are scheduled to participate in the following upcoming transportation conferences:
- 01/31/2023
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Trucking Company To Start Using Autonomous Trucks (Not Tesla's Semi)
- Growth stock KNX is in a buy zone as it launches autonomous software on its freight trucks; stock surges despite Q4 lower earnings.
- 01/30/2023
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Knight-Swift (KNX) Stock Up 9.2% Despite Q4 Earnings Miss
- Knight-Swift (KNX) fourth-quarter 2022 earnings and revenues decrease year over year.
- 01/30/2023
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Knight-Swift Transportation Holdings Inc. (KNX) Q4 2022 Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q4 2022 Earnings Conference Call January 25, 2023 4:30 PM ET Company Participants David Jackson - President and CEO Adam Miller - CFO and Treasurer Conference Call Participants Jack Atkins - Stephens Tom Wadewitz - UBS Todd Fowler - KeyBanc Capital Markets Ravi Shanker - Morgan Stanley Ken Hoexter - Bank of America Bert Subin - Stifel Amit Mehrotra - Deutsche Bank Operator Good afternoon. My name is JP, and I'll be your conference operator today.
- 01/26/2023
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Knight-Swift's Q4 misses, 2023 outlook does not
- Knight-Swift Transportation confirmed the durability of its more diverse business model Thursday after the market closed. The carrier issued full-year 2023 adjusted earnings guidance of $4.05 to $4.25 per share, safely above the $4 mark it had previously indicated would be the new trough.
- 01/26/2023
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Knight-Swift Transportation Holdings (KNX) Q4 Earnings and Revenues Lag Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of -11.50% and 2.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/26/2023
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Bank of America bullish on TL stocks as ‘truck demand near floor'
- Bank of America said Tuesday it was more bullish on truckload stocks in 2023 as truck demand appears to have bottomed. BofA Securities (NYSE: BAC) research analyst Ken Hoexter made a rare two-step rating upgrade to “buy” from “underperform” on the shares of Schneider National (NYSE: SNDR) and Werner Enterprises (NASDAQ: WERN).
- 01/17/2023
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Knight-Swift Transportation Holdings Inc. Announces Timing of Fourth Quarter 2022 Earnings Release and Related Conference Call
- PHOENIX--( BUSINESS WIRE )--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2022 fourth quarter earnings after market close on Wednesday, January 25, 2023. Additionally, Knight-Swift will host a live conference call with analysts and investors on Wednesday, January 25, 2023, at 4:30 p.m. EST to discuss the earnings release, the results of operations, and other matters following its earnings press release. (Please note that since the call is expected to begin promptly as scheduled, you will need to join a few minutes before that time.) Slides to accompany this call will be posted on the Company's website and will be available to download just before the scheduled conference call. To view the presentation, please visit https://investor.knight-swift.com/, "Fourth Quarter 2022 Conference Call Presentation."
- 01/06/2023
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These Are the Top 10 Holdings of Jos Shaver
- James (“Jos”) Shaver is the Managing Partner and Chief Investment Officer at Electron Capital Partners.
- 12/12/2022
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Why Is Knight-Swift (KNX) Up 15.1% Since Last Earnings Report?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?
- 11/18/2022
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Knight-Swift Transportation: Trucking Towards A High Return
- Domestic Freight is expected to grow by 50% between 2020 and 2050. KNX is gaining profits from cost-related acquisition synergies, LTL, Intermodal plus New Growth Verticals.
- 11/03/2022
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Knight-Swift Transportation: It's Scary To Swim Where You Can't See The Bottom
- Knight-Swift missed third quarter expectations, as profitability eroded more than expected in Truckload on intense cost pressure and softening demand. The Truckload business is very significant and spot rates have weakened significantly, but management has been diversifying the business in recent years and that mitigates some of the risks.
- 10/26/2022
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Bear Of The Day: KnightSwift Transportation (KNX)
- This stock has been beaten down like most others and now estimates are falling as well.
- 10/25/2022
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For freight companies, this year's peak will be weak
- Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many transportation firms. Depending on mode, peak season kicks off at different points on the calendar, mostly based around the role in the supply chain that a freight provider plays in ensuring that retail goods are on the shelves for the holidays.
- 10/24/2022
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Knight-Swift's (KNX) Q3 Earnings Miss, 2022 EPS View Cut
- Knight-Swift (KNX) third-quarter 2022 earnings hurt by higher interest expenses, higher tax rates, and lower gains on sales.
- 10/20/2022
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Knight-Swift Transportation stock drops on lower guidance, earnings miss
- Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss the downbeat tone from Knight-Swift on its earnings call.
- 10/20/2022
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Knight-Swift Transportation Holdings Inc. (KNX) Q3 2022 Earnings Call Transcript
- Start Time: 16:30 January 1, 0000 5:31 PM ET Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q3 2022 Earnings Conference Call October 19, 2022, 16:30 PM ET Company Participants David Jackson - President and CEO Adam Miller - CFO and Treasurer Conference Call Participants Todd Fowler - KeyBanc Capital Markets Jack Atkins - Stephens Ken Hoexter - Bank of America Merrill Lynch Ravi Shanker - Morgan Stanley Amit Mehrotra - Deutsche Bank Tom Wadewitz - UBS Operator Good afternoon, ladies and gentlemen. My name is Collin.
- 10/19/2022
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Knight-Swift misses Q3 mark, dials back near-term outlook
- Knight-Swift Transportation missed third-quarter earnings expectations Wednesday and lowered its outlook for the rest of the year. Knight-Swift (NYSE: KNX) posted adjusted earnings per share of $1.27, 5 cents light of consensus and 3 cents lower year over year (y/y).
- 10/19/2022
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Knight-Swift Transportation Holdings (KNX) Q3 Earnings Miss Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of -4.51% and 1.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/19/2022
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Trucking Stocks Race Up Rankings As Stock Market Correction Deepens
- As the stock market correction deepens, trucking stocks like Covenant, Marten, Heartland Express and Knight-Swift are holding up well. The post Trucking Stocks Race Up Rankings As Stock Market Correction Deepens appeared first on Investor's Business Daily.
- 09/30/2022
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Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2022 Earnings Release and Related Conference Call
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2022 third quarter earnings after market close on Wednesday, October 19, 2022. Additionally, Knight-Swift will host a live conference call with analysts and investors on Wednesday, October 19, 2022, at 4:30 p.m. EDT to discuss the earnings release, the results of operations, and other matters following its earnings press release. (Please note that since
- 09/30/2022
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Knight-Swift Transportation Holdings: Still Attractive
- Knight-Swift Transportation Holdings has seen strong financial performance lately, with sales and profits climbing. Given current expectations, shares of the business do look cheap, plus management continues to reward shareholders with share buybacks.
- 08/29/2022
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Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conferences
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that Adam Miller, Chief Financial Officer, and Brad Stewart, Executive Vice President of Finance are scheduled to participate in the following upcoming transportation conferences: Vertical Research Partners 13th Annual Global Conference – Tuesday, September 7, 2022 Water's Edge Resort, Westbrook, CT Morgan Stanley 10th Annual Laguna Conference – Thursday, September 15, 2022 Ritz-Carlton, Laguna-Nigue
- 08/29/2022
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FMCSA takes on request to allow hair tests into drug clearinghouse
- A group of big-name trucking companies are once again asking federal regulators to allow hair testing for drugs to determine if a person is fit to drive — and this time the government has agreed to consider their case. The Trucking Alliance, whose members include J.B.
- 08/23/2022
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Why Is Knight-Swift (KNX) Up 7.6% Since Last Earnings Report?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?
- 08/19/2022
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Knight-Swift Transportation Holdings (KNX) is a Top-Ranked Value Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 08/09/2022
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KNX vs. SAIA: Which Stock Should Value Investors Buy Now?
- KNX vs. SAIA: Which Stock Is the Better Value Option?
- 08/01/2022
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These stocks are best for the long term, top Wall Street analysts say
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Marvell and Bank of America.
- 07/24/2022
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Knight-Swift (KNX) Stock Up 3.7% on Q2 Earnings Beat
- Knight-Swift (KNX) second-quarter 2022 earnings and revenues increase year over year.
- 07/22/2022
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Knight-Swift Transporation Shifts Gear To Rally Mode
- After several quarters of uncertainty, Knight-Swift Transportation (NYSE: KNX) delivered what the market was looking for. The company reported top and bottom outperformance and raised the guidance due to strong demand and margin improvements.
- 07/21/2022
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Knight-Swift positioned to perform in H2; LTL provides spark in Q2
- Knight-Swift Transportation announced better-than-expected second-quarter results Wednesday after the market closed. The company saw revenue and margin improvement in each of its operating segments, with the less-than-truckload unit providing the biggest upside surprise.
- 07/20/2022
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Knight-Swift Transportation Holdings Inc.'s (KNX) CEO David Jackson on Q2 2022 Results - Earnings Call Transcript
- Call End: Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q2 2022 Earnings Conference Call July 20, 2022 4:30 PM ET Company Participants Adam Miller - Chief Financial Officer and Treasurer David Jackson - President and Chief Executive Officer Conference Call Participants Jack Atkins - Stephens Thomas Wadewitz - UBS Todd Fowler - KeyBanc Capital Markets Ravi Shanker - Morgan Stanley Bert Subin - Stifel Chris Wetherbee - Citi Operator Good afternoon. My name is Sylvie, and I will be your conference operator today.
- 07/20/2022
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Two-Minute Drill: FCX & KNX
- Wincrest Capital's Barbara Ann Bernard joins 'Closing Bell: Overtime' to give her thoughts on two stocks.
- 07/20/2022
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Knight-Swift Transportation Holdings (KNX) Tops Q2 Earnings and Revenue Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 4.44% and 9.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/20/2022
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Why Knight-Swift (KNX) Could Beat Earnings Estimates Again
- Knight-Swift (KNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/18/2022
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Here's Why Knight-Swift Transportation Holdings (KNX) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 06/16/2022
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Knight-Swift: A Swift Delivery Of Success
- Knight-Swift Transportation Holdings, Inc. continues to impress us with its robust operations. As a capital-intensive company, it generates adequate cash inflows to cover its CapEx.
- 06/16/2022
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Largest trucking companies benefit from rising prices because they charge customers a fuel surcharge
- CNBC's Frank Holland reports on the rising national average for gas prices.
- 06/14/2022
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Knight-Swift: Quality Fundamentals and a Low PEG Ratio
- Knight-Swift Transportation Holdings Inc. ( KNX , Financial) ticks several boxes for investors who want quality companies trading at reasonable prices.
- 05/26/2022
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Why Is Knight-Swift (KNX) Down 8.2% Since Last Earnings Report?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?
- 05/20/2022
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3 Top Transportation Stocks To Buy
- Trucking stocks are trading like a freight recession is already here. Investor sentiment seems disconnected from actual results and analysts' forecasts. The pandemic and global supply disruptions have hurt many companies, including transportation, placing an attractive buy opportunity on transportation stocks whose year-to-date drops exceed 10%.
- 05/19/2022
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7 Transportation Stocks to Avoid During These Trying Times
- If transportation stocks represent the economic rubber meeting the road, then their underperformance is a serious warning sign. The post 7 Transportation Stocks to Avoid During These Trying Times appeared first on InvestorPlace.
- 05/06/2022
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Knight-Swift Transportation Stock is a Logistics Winner
- Freight transportation company Knight Swift Transportation (NYSE: KNX) stock has been getting crushed with the benchmark indices.
- 05/02/2022
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Why Knight-Swift Transportation Holdings (KNX) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 04/26/2022
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Knight-Swift's (KNX) Q1 Earnings Beat Mark, Increase Y/Y
- Higher segmental revenues and an improved operating ratio boost Knight-Swift's (KNX) first-quarter 2022 results.
- 04/21/2022
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The Institutions Are Driving Knight-Swift Transportation
- The institutions have been buying Knight-Swift Transportation (NYSE: KNX) for the last two years. Institutional activity has been net-bullish for 7 consecutive quarters and we don't see that trend ending.
- 04/21/2022
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Knight-Swift sees new EPS floor; trailer pools help mitigate cyclicality
- On its first earnings call in four years, management from Knight-Swift Transportation laid out a bullish long-term thesis for its business. It believes transportation providers with large trailer pools will continue to be the winners moving forward.
- 04/20/2022
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Knight-Swift Transportation Holdings Inc.'s (KNX) CEO David Jackson on Q1 2022 Results - Earnings Call Transcript
- Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q1 2022 Earnings Conference Call April 20, 2022 4:30 PM ET Company Participants David Jackson - President and Chief Executive Officer Adam Miller - Chief Financial Officer and Treasurer Conference Call Participants Jack Atkins - Stephens Bert Subin - Stifel Ravi Shanker - Morgan Stanley Amit Mehrotra - Deutsche Bank Tom Wadewitz - UBS Operator Good afternoon. My name is Christian and I'll be your conference operator today.
- 04/20/2022
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Knight-Swift Transportation Holdings (KNX) Surpasses Q1 Earnings and Revenue Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 7.14% and 4.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/20/2022
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Why Knight-Swift (KNX) Might Surprise This Earnings Season
- Knight-Swift (KNX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/14/2022
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Knight-Swift Transportation Holdings (KNX) Earnings Expected to Grow: Should You Buy?
- Knight-Swift (KNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/13/2022
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Will Knight-Swift (KNX) Beat Estimates Again in Its Next Earnings Report?
- Knight-Swift (KNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/13/2022
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Knight-Swift Transportation Holdings Inc. Updates Timing of First Quarter 2022 Earnings Release and Announces Related Conference Call
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") has revised the timing of its 2022 first quarter earnings release and now expects to release its first quarter results after market close on Wednesday, April 20, 2022. Additionally, Knight-Swift will host a live conference call with analysts and investors to discuss the earnings release, the results of operations, and other matters following its earnings press release on Wedn
- 04/08/2022
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Buying Some More Knight-Swift
- The shares are very near record low valuations in spite of the year the company has just had. I'll take advantage of this by adding to my position.
- 04/06/2022
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Truckload Rates Are Peaking, But But Knight-Swift May Not Be Unsaddled This Time
- Knight-Swift's diversification efforts should pay off during this upcoming truckload downturn, cushioning the blow from lower rates as Power Only logistics continues to grow impressively.
- 03/19/2022
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These 2 Trucking Stocks Seem Undervalued
- Trucking stocks are not as glamorous and exciting as the disruptive innovation stocks, but they do have one advantage: they're cheaper. That is, cheaper based on the classic valuation methods employed by Warren Buffett (Trades, Portfolio) and others who've studied Benjamin Graham-style analysis.
- 02/28/2022
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Here's Why Knight-Swift Transportation Holdings (KNX) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 02/28/2022
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Prolonged Swift vs. drivers case in California kicked back to district court
- A settlement in a long-standing case between a group of drivers and Swift Transportation, filed almost a dozen years ago, is getting sent back to the federal court that first approved the agreement in 2019. While Swift — now part of Knight-Swift Transportation (NYSE: KNX) — was victorious in other parts of the decision handed by the U.S. Court of Appeals for the 9th Circuit, the core of the case, the settlement with the drivers, was put back into the hands of the U.S. District Court for the Central District of California.
- 02/14/2022
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Knight-Swift (KNX)-Embark Team Up for Autonomous Truck Testing
- As part of its collaboration with Embark, Knight-Swift (KNX), for the first time, will own, maintain and deploy an autonomous truck with its driver behind the wheel.
- 02/09/2022
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Knight-Swift (KNX) Rewards Investors With 20% Dividend Hike
- Knight-Swift's (KNX) consistent measures to reward its shareholders can be attributed to its strong free cash flow generation capacity.
- 02/07/2022
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5 Best Stocks To Buy In A Bear Market
- Fear and uncertainty are moving the markets lower and investors have been rotating into defensive stocks. Investors want to limit their downside.
- 02/07/2022
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Knight-Swift Transportation Hikes Quarterly Dividend By 20%
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) declared a quarterly cash dividend of $0.12 per share of common stock, up $0.02 from the prior quarterly dividend of $0.10 per share. The dividend is payable on March 28, 2022, to stockholders of record on March 4, 2022.
- 02/04/2022
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Knight-Swift boosts dividend by 20%
- Knight-Swift Transportation Holdings Inc. KNX, -1.13% said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company's new dividend will be payable March 28 to shareholders of record on March 4.
- 02/04/2022
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Knight-Swift Transportation Confirms Support On Strong Earnings
- Knight-Swift Transportation (NYSE: KNX) delivered a very strong report and we are not surprised. Not only is the industry supported by strong tailwinds but the company is working on growth and its competitors have been reporting strongly as well.
- 01/27/2022
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Knight-Swift Transportation - Further M&A, Further Growth
- Knight-Swift Transportation has seen a very strong 2021. Cash flow generation has been used to pursue some deals, as leverage is still very much under control.
- 01/09/2022
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4 Reasons to Watch This Appealing Trucking Stock
- The trucking company that is quickly breaking into LTL is one to watch in 2022.
- 01/04/2022
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XPO and Knight Transportation among top transport picks, says Deutsche Bank's Mehrotra
- Amit Mehrotra of Deutsche Bank joins "Squawk on the Street" to discuss the record highs in the transports industry, and where he sees risk to the downside.
- 12/30/2021
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Raised Guidance Boosts Knight-Swift (KNX) Amid High Cost
- Improvement in operating ratio and raised guidance aid Knight-Swift (KNX). However, high operating costs are a concern.
- 12/23/2021
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5 Most Promising Trucking Stocks to Buy as We Roll Into 2022
- The trucking industry is big business and a vital part of America's economic engine, which is why these stocks are outstanding prospects. The post 5 Most Promising Trucking Stocks to Buy as We Roll Into 2022 appeared first on InvestorPlace.
- 12/21/2021
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2 Stocks for the GARP Investor
- There are some investors who believe growth is important, but also do not want to pay too much for it. They are screening the market for stocks in which growth and value are working together, laying a strong foundation for an investment they hope will be successful.
- 12/19/2021
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Why is transportation M&A so hot?
- M&A in the transportation and logistics industry was up in a big way in 2021. Many of the catalysts in place during the year appear likely to continue.
- 12/19/2021
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Wells Fargo Bumps Up Knight-Swift Price Target By ~10%
- Wells Fargo analyst Allison Poliniak-Cusic raised the price target on Knight-Swift Transportation Holdings Inc (NYSE:KNX) to $69 (an upside of 13.5%) from $63 and maintained an Overweight rating on the shares. The analyst recently spent time with CEO Dave Jackson and walked away with a stronger appreciation for Knight's business model and return profile.
- 12/13/2021
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Stifel, Citi Bump Up Knight-Swift Price Target Post Midwest Motor Express Deal
- Stifel analyst Joseph DeNardi raised the price target on Knight-Swift Transportation Holdings Inc (NYSE:KNX) to $72 from $70 and maintained a Buy rating on the shares after the company announced the acquisition of Midwest Motor Express. DeNardi likes the deal and sees it as consistent with management's messaging that they want to build out a nationwide LTL network and continue to utilize their scale advantage across freight verticals.
- 12/07/2021
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Knight-Swift (KNX) Acquires MME for $150M to Expand LTL Network
- Knight-Swift's (KNX) MME acquisition expands its LTL network across the United States. The transaction is expected to be accretive to the acquirer's 2022 adjusted earnings per share.
- 12/07/2021
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Indexes Rise But Can You Trust It? Fastenal, Green Brick Partners & Knight-Swift Transport In Focus
- Indexes Rise But Can You Trust It? Fastenal, Green Brick Partners And Knight-Swift Transport In Focus Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 12/06/2021
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Is KnightSwift Transportation (KNX) a Great Growth Stock?
- If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider KnightSwift Transportation (KNX).
- 11/30/2021
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Trucking Stocks: The ‘Driver Shortage' News Pressuring JBHT, ODFL, KNX Stocks
- More than 60 members of Congress have signed a letter requesting funding for the trucking industry. Trucking stocks responded in kind.
- 11/19/2021
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4 Prominent Stocks From the Prospering Trucking Industry
- With strong freight demand and high trucking rates pointing to a healthy near-term outlook for the Zacks Transportation - Truck industry, ODFL, JBHT, KNX and ARCB are expected to make the most of the upbeat scenario.
- 11/12/2021
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Knight-Swift Transportation: A Solid Opportunity For Trucking Fans
- Knight-Swift Transportation has had a rocky operating history over the past few years. But the current fiscal year is really looking up for the company from an operational perspective.
- 11/12/2021
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Knight-Swift (KNX) Soars to 52-Week High, Time to Cash Out?
- Knight-Swift (KNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 11/08/2021
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What Transportation Earnings Tell Us About the Supply Chain
- Supply chain issues are pretty much as bad as we had expected, but that makes transportation stocks attractive right now.
- 10/29/2021
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UBS Hikes Knight-Swift Price Target By 27%
- UBS analyst Thomas Wadewitz upgraded Knight-Swift Transportation Holdings Inc (NYSE:KNX) to Buy from Neutral and upgraded the price target to $65 (an upside of 17%), from $51. Wadewitz mentions that the company's non-truckload business is expanding faster than anticipated, and its "strong" free cash generation provides a potential for further diversification through acquisitions.
- 10/25/2021
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Best Momentum Stocks to Buy for October 25th
- MRO, HWC, SCHW, and KNX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 25, 2021.
- 10/25/2021
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Why Shipping and Transportation Stocks Were Up Big This Week
- Profits are soaring in shipping and transportation.
- 10/22/2021
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Analysts Bump Up Knight-Swift Transportation's Price Target After Q3 Results
- Analysts raised the price target for Knight-Swift Transportation Holdings Inc (NYSE:KNX) after Q3 results. Morgan Stanley analyst Ravi Shanker maintained an Overweight and raised the price target to $77 (an upside of 35%) from $70.
- 10/21/2021
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Knight-Swift (KNX) Hits 52-Week High, Can the Run Continue?
- Knight-Swift (KNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 10/21/2021
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Knight-Swift Transportation Stock Gains On Q3 Beat, Raised FY21 EPS Outlook
- Knight-Swift Transportation Holdings Inc (NYSE: KNX) reported third-quarter FY21 revenue growth of 35.7% year-over-year to $1.64 billion, beating the consensus of $1.51 billion. Revenue, excluding truckload fuel surcharge, improved 32.8% to $1.51 billion.
- 10/20/2021
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Earnings Preview: Knight-Swift
- Knight-Swift (NYSE:KNX) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.
- 10/19/2021
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AAA Cooper Transportation Adds St. Louis, Missouri Service Center
- Knight-Swift Transportation Holdings Inc (NYSE: KNX) subsidiary AAA Cooper Transportation to expand its LTL capacity by opening a St. Louis, Missouri service center this fall. This company expects the expansion to connect AAA Cooper's existing 15-state network with the largest metropolitan area in Missouri.
- 10/18/2021
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AAA Cooper Transportation expanding with the addition of a St. Louis, Missouri Service Center
- PHOENIX--(BUSINESS WIRE)--AAA Cooper Transportation, a subsidiary of Knight-Swift Transportation Holdings (NYSE: KNX), announced it would expand its LTL capacity with the opening of a St. Louis, MO service center this fall. This expansion will connect AAA Cooper's existing 15-state network with the largest metropolitan area in Missouri. The company has long operated in the Chicago market, and the new St. Louis facility will extend the company's reach to an estimated 80% of the Illinois market.
- 10/18/2021
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Should Value Investors Buy Knight-Swift Transportation Holdings (KNX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/13/2021
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Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2021 Earnings Release
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2021 third quarter earnings on Wednesday, October 20, 2021 prior to the market open by filing a Form 8-K with the SEC. The earnings release will be available on the Company's website https://investor.knight-swift.com/, and the Form 8-K will be available on the SEC website, http://www.sec.gov. The Company assumes no responsibility to update any information posted on its website. The earnings re
- 10/01/2021
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Knight-Swift Transportation Holdings (KNX) is a Top-Ranked Momentum Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/24/2021
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Here's Why Investors Should Buy Knight-Swift (KNX) Stock Now
- Strong guidance and improvement in adjusted operating ratio boost Knight-Swift's (KNX) stock.
- 09/20/2021
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Knight-Swift introduces services division for smaller carriers
- Knight-Swift Transportation announced the launch of a services division targeting small trucking by offering the buying power and leverage normally enjoyed by larger carriers. Iron Truck Services aims to give smaller fleets affordable access to services such as insurance, equipment maintenance, fuel purchasing, truck sales and rentals by leveraging the scale and infrastructure of Knight-Swift, one of the largest carriers in the U.S. “Many small carriers have no choice but to pay retail prices for many fundamental business services.
- 09/15/2021
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KNX vs. ODFL: Which Stock Is the Better Value Option?
- KNX vs. ODFL: Which Stock Is the Better Value Option?
- 09/15/2021
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Cowen Upgrades Knight-Swift To Outperform Citing Pricing Power
- Cowen analyst Jason Seidl upgraded Knight-Swift Transportation Holdings Inc (NYSE:KNX) to Outperform from Market Perform with a price target of $62 (implying an upside of 18%), up from $59. Seidl states the consensus view appears to be underestimating the trucking industry's pricing power in 2022 and sees pricing to be up by a mid-single digits percentage.
- 09/15/2021
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Knight-Swift Transportation Creates Iron Truck Services, Bringing Affordable Solutions Nationwide to Truckload Carriers of All Size
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings (NYSE:KNX) announced today that it has launched Iron Truck Services, an organization that brings together services essential to transportation carriers and includes insurance, equipment maintenance, fuel purchasing, and truck sales and rentals. Iron Trucks Services provides affordable solutions to truckload carriers by leveraging the scale and infrastructure of the nation's largest carrier, Knight-Swift. David Jackson, CEO of Knight
- 09/14/2021
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August freight costs see record year-over-year increase
- CNBC's Frank Holland reports on the cargo crunch leading to higher costs.
- 09/13/2021
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KNX vs. ODFL: Which Stock Is the Better Value Option?
- KNX vs. ODFL: Which Stock Is the Better Value Option?
- 08/30/2021
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3 Highly-Ranked Undervalued Stocks
- This doesn't seem like a time for value because... well, it's not a time for value. But that could change. Stocks remain at or very near all-time highs, despite rising inflation, the delta variant and a taper that's on the horizon. We could be seeing a lot of bargains in the weeks ahead.
- 08/27/2021
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Knight-Swift (KNX) Up 5.8% in the Past 3 Months: Here's Why
- Raised guidance and improvement in adjusted operating ratio drive Knight-Swift's (KNX) shares.
- 08/26/2021
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Knight-Swift (KNX) Up 1.3% Since Last Earnings Report: Can It Continue?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?
- 08/20/2021
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Time to Focus on Knight-Swift (KNX) for Strong Earnings Growth Potential
- If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Knight-Swift (KNX).
- 08/17/2021
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Jeld-Wen Holding Inc Ranked Among Today's Top Buys
- The Dow Jones, S&P 500, and Nasdaq were all lower, with the Nasdaq taking the brunt of it down 1.3% in early trading. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
- 08/16/2021
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KNX vs. ODFL: Which Stock Should Value Investors Buy Now?
- KNX vs. ODFL: Which Stock Is the Better Value Option?
- 08/12/2021
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Knight-Swift Transportation Caught Between Demand And Supply, Cyclical Bulls And Bears
- Knight-Swift Transportation Caught Between Demand And Supply, Cyclical Bulls And Bears
- 08/03/2021
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Why Knight-Swift Transportation Holdings (KNX) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 08/03/2021
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Trucking Stocks Are Still Going Places
- Trucking is a rather attractive market right now.
- 07/27/2021
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Knight-Swift's (KNX) Q2 Earnings Beat, 2021 EPS View Up
- Knight-Swift's (KNX) Q2 results benefit from higher revenues in Trucking, Logistics and Intermodal units. The company raises its 2021 earnings view due to improved market conditions and other factors.
- 07/23/2021
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Knight-Swift raises outlook; cost challenges to persist
- The nation's largest truckload carrier, Knight-Swift Transportation, sees “over-the-road contract rate increases trending in the mid-teens” for 2021. However, tractor count and utilization will see some pressure as “sourcing drivers remains challenging.
- 07/21/2021
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Knight-Swift Transportation Beats Q2 Estimates, Raises FY21 Guidance
- Knight-Swift Transportation Holdings Inc (NYSE: KNX) reported second-quarter revenue growth of 24% year-over-year to $1.32 billion, beating the analysts' consensus of $1.29 billion. Adjusted EPS $0.98 beats analysts' consensus of $0.87.
- 07/21/2021
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Knight-Swift Transportation Holdings (KNX) Beats Q2 Earnings and Revenue Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 12.64% and 1.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/21/2021
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Trucking stocks fall amid fears the post-pandemic recovery will slow
- Frank Holland joins Closing Bell to explain why trucking stocks in particular were hit hard today. Rising gas prices and worries about another economic slowdown are key factors.
- 07/19/2021
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Drilling Deep: How will LTL and truckload coexist after Knight-Swift deal?
- It's not just a big deal in terms of dollars. The acquisition of LTL carrier AAA Cooper by Knight-Swift (NYSE: KNX) is radical in that it joins an LTL carrier with a truckload carrier, one of the biggest.
- 07/16/2021
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Knight-Swift Transportation Holdings (KNX) Earnings Expected to Grow: Should You Buy?
- Knight-Swift (KNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/14/2021
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Knight-Swift (KNX) Surges 5.1%: Is This an Indication of Further Gains?
- Knight-Swift (KNX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 07/08/2021
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Knight-Swift (KNX) Buys LTL Carrier AAA Cooper for $1.35B
- Knight-Swift's (KNX) acquisition of AAA Cooper marks its foray into the LTL market. The transaction is expected to be accretive in the current quarter itself.
- 07/07/2021
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Trucking M&A deals getting bigger; Knight-Swift takes on LTL
- Big truckload M&A deals are starting to roll in for the publicly traded carriers. After months of management teams saying they would look to deploy their strengthening balance sheets on accretive acquisitions, the fruit is finally shaking loose from the tree.
- 07/06/2021
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Knight-Swift enters LTL arena with $1.35B acquisition of AAA Cooper
- The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), announced Tuesday it has acquired less-than-truckload carrier AAA Cooper Transportation in a transaction with an enterprise value of $1.35 billion. Dothan, Alabama-based AAA Cooper is expected to generate full-year 2021 revenue of $780 million, $140 million in earnings before interest, taxes, depreciation and amortization and $80 million in operating income.
- 07/06/2021
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Knight-Swift (KNX) Buys Kansas City-Based UTXL for $22.5M
- Knight-Swift's (KNX) acquisition of UTXL helps the company widen its customer base across the United States, Canada and Mexico, where the latter served thousands of shippers.
- 06/02/2021
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Knight-Swift acquires 3PL UTXL in $22.5M deal
- The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX) announced Tuesday the acquisition of Kansas City, Missouri-based third-party logistics provider UTXL in a $22.5 million transaction. As a licensed broker for more than 20 years, UTXL specializes in full truckload, multi-stop, expedited and less-than-truckload shipments throughout North America.
- 06/01/2021
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Knight-Swift Offers 20% Upside Potential Backed By Revenue Growth And A Healthy Balance Sheet
- Knight-Swift has 20% of upside potential, based on revenue growth, healthy balance sheet and analysts' estimates. Revenues per share have risen by 44% during the last four years.
- 05/30/2021
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This Is the Best-Performing Sector Since Last March (and It's Not Tech)
- The market's fastest-gaining sector remains positioned to dish out more growth.
- 05/11/2021
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Trucking's tailwinds evident in first quarter
- Trends so far during the first-quarter earnings season are supportive of truckload carriers posting sizable growth in 2021. February's severe winter storms had many analysts lowering estimates for the quarter heading into the print.
- 04/27/2021
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Knight-Swift (KNX) Beats on Q1 Earnings, Ups 2021 EPS View
- Significant improvement in adjusted operating ratio aids Knight-Swift's (KNX) March-end 2021 financials.
- 04/22/2021
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Headline beat for Knight-Swift; 2021 to see mid-teen jump in contract rates
- The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), posted a better-than-expected first quarter Wednesday. The Phoenix-based company reported adjusted earnings per share of 83 cents, 13 cents ahead of consensus and 39 cents better than the year-ago quarter.
- 04/21/2021
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Knight-Swift Transportation Holdings (KNX) Tops Q1 Earnings and Revenue Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 18.57% and 2.55%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/21/2021
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Knight-Swift's stock jumps into record territory after profit beat, raised guidance
- Shares of Knight-Swift Transportation Holdings Inc. were driven up 3.3% into record territory in premarket trading Wednesday, after the trucking company reported first-quarter profit that rose above expectations and raised its full-year outlook, while revenue grew in line with forecasts. Net income nearly doubled to $129.8 million, or 77 cents a share, from $65.4 million, or 38 cents a share, in the year-ago period.
- 04/21/2021
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Top Stocks To Buy Today Amid Another Winning Week
- The DOW gained 200 points after crossing the 34,000 level for the first time, and the S&P 500 rose 0.3% to hit yet another record high. In the meantime, Q.ai's deep learning algorithms have crunched the numbers to bring you today's top buys.
- 04/16/2021
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Deutsche Bank's Amit Mehrotra on what's fueling the rise in transport stocks
- Amit Mehrotra, Analyst at Deutsche Bank, joins Worldwide Exchange to discuss the climbing transportation sector, and the names he is watching.
- 04/09/2021
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Knight-Swift Transportation (KNX) Peps Up Drivers Via Pay Hike
- Knight-Swift Transportation (KNX) is continuously looking to improve drivers' amenities and upgrade its fleet.
- 04/08/2021
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Knight-Swift Transportation Holdings Inc. Announces Additional Driver Pay and Independent Contractor Rate Increases
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or the "Company"), North America's largest truckload transportation company, is pleased to announce recent driver pay increases and Independent Contractor contract rate increases along with ongoing enhancements of its driver experience at Knight and Swift. Highlights of recent changes, which are already in effect, include the following: Experienced Company Drivers In addition to multiple pay increase
- 04/07/2021
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Knight-Swift (KNX) Hits 52-Week High, Can the Run Continue?
- Knight-Swift (KNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/30/2021
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Analysts all in on transportation stocks; transition to services spending no threat
- A couple of bullish reports this week highlight reasons to favor transportation stocks moving forward. The outlooks call for favorable freight fundamentals around demand, utilization and pricing to remain in place for the foreseeable future.
- 03/19/2021
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Cost-Cut Strategies Aid Knight-Swift (KNX) Amid Low Revenues
- Knight-Swift (KNX) is being aided by efficient cost-control measures and enhanced safety procedures. Meanwhile, the company's freight conditions are still weak on a year-over-year basis.
- 03/08/2021
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7 of the Top Transportation Stocks to Buy Right Now
- As the global economy starts to reawaken, transportation stocks are looking like the ones to buy. Let's take a look at seven here.
- 03/08/2021
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Knight-Swift (KNX) Acquires Majority Ownership in Eleos
- The buyout of Eleos majority stake is expected to boost Knight-Swift's (KNX) data privacy with each customer apart from boosting its profits and driver satisfaction.
- 02/03/2021
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Knight-Swift Transportation Holdings Inc. Announced It Has Acquired a Majority Ownership Position in Eleos, a Greenville, SC Based Software Provider
- PHOENIX--(BUSINESS WIRE)--On Monday, February 1, 2021, Knight-Swift Transportation Holdings Inc. (NYSE: KNX), announced it has acquired a majority ownership position in Eleos, a Greenville, SC based software provider. Eleos has created an independent and programmable mobile driver workflow platform for trucking fleets and truck operators. The platform integrates with a wide variety of telematics, fleet management, and dispatch systems. North American fleet leaders, including Knight-Swift, rely
- 02/01/2021
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Knight-Swift (KNX) Q4 Earnings Beat Estimates, Rise Y/Y
- Increase in revenues in the Trucking, Logistics and Intermodal segment drives Knight-Swift's (KNX) Q4 results.
- 01/28/2021
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Knight-Swift Transportation Holdings (KNX) Q4 Earnings and Revenues Top Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 3.30% and 0.16%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 01/27/2021
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Knight-Swift Q4 first look: Big improvement as expected
- The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), reported Wednesday fourth-quarter adjusted earnings per share of 94 cents, ahead of the consensus estimate of 91 cents and well ahead of the year-ago result of 55 cents. The Phoenix-based company reported continued improvement in its truckload segment with revenue, excluding fuel, up 9% year-over-year and adjusted operating income climbing 64%.
- 01/27/2021
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Swift Transportation Unveils Truckers Against Trafficking Wrapped Truck
- PHOENIX--(BUSINESS WIRE)--On Friday, January 8, 2021, Swift Transportation (NYSE: KNX), the largest full truckload carrier in North America, unveiled their wrapped truck honoring Truckers Against Trafficking. The new 2021 wrapped Freightliner Cascadia will be a living representation of Swift's partnership with the non-profit organization Truckers Against Trafficking (TAT). The wrap displays Swift's and TAT logos and reads "Everyday Heroes Needed." It also provides a number to call to report sus
- 01/12/2021
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Top Ranked Growth Stocks to Buy for January 4th
- Top Ranked Growth Stocks to Buy for January 4th
- 01/04/2021
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Knight-Swift Transportation Holdings Inc. Announces Timing of Fourth Quarter 2020 Earnings Release
- PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 fourth quarter earnings on Wednesday, January 27, 2021 prior to the market open by filing a Form 8-K with the SEC. The earnings release will be available on the Company's website http://investor.knight-swift.com/events and the Form 8-K will be available on the SEC website http://www.sec.gov. The Company assumes no responsibility to update any information posted on its website. The earning
- 01/04/2021
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3 Trucking Stocks Poised to Continue Their Winning Streaks in 2021
- Trucking stocks are benefiting from factors like enhanced freight conditions, greater online spending and minimized operating costs. Evidently, the likes of Saia (SAIA), Marten Transport (MRTN) and ArcBest (ARCB) should grace one's portfolio.
- 12/31/2020
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UPS Backed by Strong Liquidity and Growth in E-Commerce
- The need for door-to-door delivery of essentials during this unprecedented crisis is aiding United Parcel Service (UPS). However, a slowdown in the industrial sector is concerning.
- 12/30/2020
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4 Transportation Stocks Likely to Keep Flying High in 2021
- Robust advancement in e-commerce and an uptick in freight conditions make transportation stocks attractive investment bets. Evidently, the likes of UPS, Knight-Swift (KNX), Atlas Air (AAWW) and ArcBest (ARCB) should grace one's portfolio.
- 12/28/2020
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Here's Why Knight-Swift (KNX) Stock Should Grace Your Portfolio
- Knight-Swift's (KNX) efforts to reward its shareholders through dividends and share buybacks are commendable.
- 12/22/2020
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5 Buy Ranked Growth Stocks at Attractive Valuations
- The best investment policy is to pick stocks that have everything going for them.
- 12/16/2020
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How to Find Winning Stocks in This Upbeat Market
- The euphoria surrounding vaccine progress, strong earnings results and other data have led to a return of the bull. Here is a simple strategy to select stocks that's unlikely to go wrong.
- 12/03/2020
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Were Hedge Funds Wrong About Loading Up On Knight-Swift Transportation (KNX)?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let's examine the smart money sentiment towards Knight-Swift Transportation Holdings Inc. (NYSE:KNX).
- 11/04/2020
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Knight-Swift: Solid Operating Capabilities Driving Long-Term Growth
- Knight-Swift is the largest trucking and logistics company in North America. The company has an economic moat as it is a large player in a mature industry. Despite the firm's large size, the over-all trucking industry in the US is still fragmented leaving room for potential acquisitions.
- 11/02/2020
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Freight brokerages embrace power only and drop trailers
- Supply chain dislocation and tight truck capacity have intensified shippers' demand for power-only and drop-trailer solutions, accelerating a trend that has been years in the making. When Knight-Swift (NYSE: KNX) reported its third-quarter earnings in October, transportation analysts hailed the giant carrier for achieving operating ratio parity between its Knight and Swift branded fleets.
- 11/02/2020
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Top Stocks To Buy Today Following Dow's Severe Drop
- Sentiment has shifted in the markets as stimulus talks appear dead until after the election, and COVID-19 surges in record numbers. For investors looking to make sense of the markets, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Buys.
- 10/27/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Shares Acquired by Louisiana State Employees Retirement System
- Louisiana State Employees Retirement System boosted its position in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,500 shares of the transportation company’s stock after purchasing an additional 1,000 shares during the […]
- 10/22/2020
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Knight-Swift Puts Up The Q3 Analysts Were Expecting
- The nation's largest truckload (TL) carrier, Knight-Swift Transportation (NYSE: KNX), on Wednesday posted third-quarter results closer to what analysts and onlookers were...
- 10/21/2020
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DNB Asset Management AS Purchases 1,800 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- DNB Asset Management AS raised its position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,308 shares of the transportation company’s stock after acquiring an additional 1,800 shares during the quarter. DNB Asset Management […]
- 10/20/2020
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Raymond James Trust N.A. Reduces Stock Position in Black Knight Inc (NYSE:BKI)
- Raymond James Trust N.A. lowered its stake in Black Knight Inc (NYSE:BKI) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,623 shares of the company’s stock after selling 401 shares during the quarter. Raymond James Trust N.A.’s holdings in Black Knight were […]
- 10/20/2020
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London super-prime property records higher sales despite pandemic
- by S BIRRUNTHA / pic by BLOOMBERG
MORE money has been spent on London properties valued over £10 million (RM53.81 million) in the first eight months of this year, compared to the same period last year despite the Covid-19 pandemic. According to Knight Frank’s Super-Prime Market Insight — Autumn 2020 report, £1.13 billion was spent […]
- 10/20/2020
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Maruti Suzuki Swift limited edition launched in India, get the details here
- The Maruti Suzuki Swift limited edition is available across all the variants of the hatchback at a premium of Rs 24,990.
- 10/19/2020
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Claudia and Tess: a dream team to lead us through a long, dark winter?
- Strictly is back, and its hosts are loved by millions. Now it’s time for more women – of all ages – to be given primetime roles
- 10/18/2020
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Regentatlantic Capital LLC Sells 493 Shares of Black Knight Inc (NYSE:BKI)
- Regentatlantic Capital LLC trimmed its stake in Black Knight Inc (NYSE:BKI) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,619 shares of the company’s stock after selling 493 shares during the period. Regentatlantic Capital LLC’s holdings in Black Knight […]
- 10/16/2020
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Lisa Edwards wird Chief Operating Officer bei Diligent Corporation
- Diligent Corporation, ein weltweit führendes zukunftsorientiertes Governance-Unternehmen, auf das fast 700.000 Vorstandsmitglieder und Führungskräfte
- 10/16/2020
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Knight Frank: Super-prime market sees surge in 2020 | Mortgage Introducer
- Data collected by the firm shows that between January and August 2020, £1.13bn was spent on super-prime properties within London.
- 10/14/2020
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Envestnet Asset Management Inc. Grows Position in Black Knight Inc (NYSE:BKI)
- Envestnet Asset Management Inc. raised its holdings in shares of Black Knight Inc (NYSE:BKI) by 0.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,126 shares of the company’s stock after buying an additional 1,819 shares during the quarter. Envestnet Asset […]
- 10/14/2020
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More money spent on £10m-plus properties in London this year than 2019 – report - Evening Express
- More money has been spent on London’s “super prime” market this year so far than during the same period in 2019, despite the coronavirus lockdown, analysis has found.
- 10/13/2020
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Australia’s Prestige Lifestyle Property Boom
- Amid Covid-19, areas outside major cities see a surge of interest and new buyers
- 10/12/2020
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TMA expands later life lending proposition | Mortgage Introducer
- TMA Club has added Access Equity Release and Knight Frank Finance as equity release referral partners to its later life lending proposition.
- 10/12/2020
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IPL 2020, Match 24: Kolkata Knight Riders vs Kings XI Punjab | The Times of India
- Sunil Narine and Prasidh Krishna displayed ice-cool temperament at the death as Kolkata Knight Riders pulled off a stunning two-run win over Kings XI Punjab in an IPL game on Saturday. ( BCCI/IPL/PTI Photo)
- 10/11/2020
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Nike Co-founder Phil Knight Gives More Than $900 Million to Charity
- He donated 7.25 million shares of Nike Class B stock late last month
- 10/09/2020
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Nike Co-founder Phil Knight Gives More Than $900 Million to Charity
- He donated 7.25 million shares of Nike Class B stock late last month
- 10/09/2020
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Tom Ford’s Former London Home Asks £13.45 Million
- The fashion icon custom designed the interior of the three-bedroom home in the city’s Chelsea neighborhood
- 10/09/2020
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United States Refrigerated Trucking Services Procurement Report 2020 Featuring Prime, C.R. England, FedEx, XPO Logistics, Knight-Swift Transportation - ResearchAndMarkets.com
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Exane Derivatives Invests $86,000 in Black Knight Inc (NYSE:BKI)
- Exane Derivatives acquired a new position in Black Knight Inc (NYSE:BKI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 990 shares of the company’s stock, valued at approximately $86,000. Several other large investors have also modified their holdings of the […]
- 10/08/2020
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IPL 2020, Match 21: Kolkata Knight Riders vs Chennai Super Kings | The Times of India
- Rahul Tripathi celebrated his promotion to the top by striking a 51-ball 81 as Kolkata Knight Riders returned to winning ways with a 10-run victory over Chennai Super Kings in the Indian Premier League in Abu Dhabi on Wednesday. (BCCI/IPL/ANI Photo)
- 10/08/2020
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IPL 2020 DC vs KKR Live Cricket Streaming: When and where to watch the match?
- IPL 2020 DC vs KKR Live Cricket Score Streaming Online: Delhi Capitals would look to overturn their fortune against Kolkata Knight Riders in the contest tonight.
- 10/03/2020
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Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2020 Earnings Release
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 third quarter earnings on Wednesday, October 21, 2020 prior to the m
- 09/30/2020
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Knight-Swift Transportation Holdings Inc. : Announces New Sustainability Initiative and Deployment of Zero-Emissions Vehicle | MarketScreener
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7,300 Shares in Knight-Swift Transportation Holdings Inc (NYSE:KNX) Acquired by Engineers Gate Manager LP
- Engineers Gate Manager LP bought a new position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,300 shares of the transportation company’s stock, valued at approximately $304,000. A number of other hedge funds […]
- 09/27/2020
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Malaysians top buyers of UK properties in August
- by FARA AISYAH / pic by BLOOMBERG
MALAYSIANS are among the top buyers who have contributed to the high sales in the UK property market last month. Data from Knight Frank LLP showed that the market was highly abuzz last month recording the highest ever number of offers, mainly supported by high transaction levels from […]
- 09/25/2020
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Victorian House on London’s Hampstead Heath Hits Market—And Sees Lots of Interest
- The longtime home of a famed Hungarian-British poet is asking £2.95 million
- 09/24/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Shares Acquired by Canada Pension Plan Investment Board
- Canada Pension Plan Investment Board boosted its position in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 332.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,724 shares of the transportation company’s stock after purchasing an additional 3,631 shares during the quarter. Canada […]
- 09/24/2020
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England v West Indies: second women's T20 international – live!
- Will England take a 2-0 series lead of might the tourists strike back? Join Tim de Lisle to find out
- 09/23/2020
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IPL 2020, KKR vs MI Live Cricket Streaming: When and where to watch Kolkata Knight Riders vs Mumbai Indians?
- IPL 2020 KKR vs MI Live Cricket Score Streaming Online, Hotstar, Star Sports 1, Star Sports 2 Hindi: Kolkata Knight Riders have won just six times against Mumbai Indians in 25 outings.
- 09/23/2020
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As UK care homes face a Covid second wave, families are seeking alternatives
- Growing numbers of older people are choosing live-in care or to move in with homeowners who have spare rooms
- 09/23/2020
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Live Streaming Cricket Kolkata Knight Riders vs Mumbai Indians: Watch KKR vs MI IPL 2020 Stream Live Cricket
- Live Streaming Cricket Kolkata Knight Riders vs Mumbai Indians: Find full details on when and where to watch KKR vs MI Live Match Online on Disney+ Hotstar and Star Sports Network.
- 09/23/2020
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Great West Life Assurance Co. Can Acquires 3,837 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Great West Life Assurance Co. Can lifted its holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 4.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 87,965 shares of the transportation company’s stock after acquiring an additional 3,837 shares during the quarter. Great West Life […]
- 09/22/2020
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Road Freight Transportation Market in North America: COVID-19 Business Continuity Plan | Evolving Opportunities with APL Logistics Ltd. and FedEx Corp. | Technavio
- The Road Freight Transportation Market in North America will grow by $ 59.20 bn during 2020-2024
- 09/22/2020
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England set West Indies 164 to win first women's T20 international – live!
- Over-by-over report: Women’s international cricket returns with a five-game T20 series in Derby. Adam Collins has the latest updates
- 09/21/2020
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Knight and TherapeuticsMD Announce Health Canada Approval of BIJUVA®
- TXMD and Knight announces approval of BIJUVA in Canada
- 09/21/2020
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In Pics: What Kolkata Knight Riders have been up to in the run-up to IPL 2020 | The Times of India
- Kolkata Knight Riders along with Rajasthan Royals, Kings XI Punjab were the first set of IPL teams which arrived in the UAE via a charter flight for the 13th edition of the IPL beginning September 19. (Pic Credit - Kolkata Knight Riders)
- 09/17/2020
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What must Kolkata Knight Riders do to win IPL 2020?
- Kolkata Knight Riders have a very strong batting and bowling line-up but for them to win the IPL 2020 title, they must do two things which can help them immensely.
- 09/17/2020
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Baird Financial Group Inc. Has $816,000 Position in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Baird Financial Group Inc. reduced its holdings in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 48.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,734 shares of the transportation company’s stock after selling 21,600 shares during the period. Baird Financial Group […]
- 09/17/2020
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Cannae Holdings, Inc. Announces Black Knight’s Completed Acquisition of Optimal Blue
- Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae”) today announced that Black Knight, Inc. (“Black Knight”), a leading provider of software, data and analyt
- 09/15/2020
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CPL 2020 Final, TKR vs SLZ Live Streaming: How to watch Trinbago vs Zouks match
- CPL 2020 Final, TKR vs SLZ Live Cricket Score Streaming Online: After maintaining a 100 per cent winning record, Keiron Pollard-led Trinbago Knight Riders face a final hurdle before they can lift the trophy.
- 09/10/2020
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Acer Swift 3 and Swift 5 get updated with 11th Gen Intel, more - 9to5Toys
- Acer's Swift 3 and Swift 5 laptops are being updated with the latest 11th Gen Intel Core Processors as well as Thunderbolt 4, Intel Evo, and more.
- 09/02/2020
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What British estate agents make of Netflix’s Selling Sunset
- It is the latest bingeworthy lockdown box set, but has reality show Selling Sunset sold us anything but drama? Diyora Shadijanova talks to estate agents about how much it gets right
- 08/28/2020
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Falling care home demand since Covid poses threat to UK
- Financial effect of pandemic may seriously erode ability to look after the most vulnerable
- 08/27/2020
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Amalgamated Bank Sells 11,401 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Amalgamated Bank lowered its stake in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 40.6% during the second quarter, HoldingsChannel reports. The fund owned 16,646 shares of the transportation company’s stock after selling 11,401 shares during the quarter. Amalgamated Bank’s holdings in Knight-Swift Transportation were worth $694,000 as of its most recent filing with the […]
- 08/27/2020
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State Board of Administration of Florida Retirement System Boosts Stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- State Board of Administration of Florida Retirement System grew its stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,570 shares of the transportation company’s stock after buying an additional 734 […]
- 08/27/2020
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Knight and TherapeuticsMD Announce Health Canada Approval of IMVEXXY®
- Approval of IMVEXXY by Health Canada announced by TXMD and Knight Therapeutics.
- 08/25/2020
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Insider Selling: Knight-Swift Transportation Holdings Inc (NYSE:KNX) VP Sells $105,975.08 in Stock
- Knight-Swift Transportation Holdings Inc (NYSE:KNX) VP Shannon Breen sold 2,396 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $44.23, for a total transaction of $105,975.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which […]
- 08/23/2020
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Principal Financial Group Inc. Grows Position in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Principal Financial Group Inc. lifted its holdings in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386,745 shares of the transportation company’s stock after buying an additional 22,890 shares during the period. […]
- 08/22/2020
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Sawtooth Solutions LLC Acquires Shares of 7,816 Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Sawtooth Solutions LLC acquired a new stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,816 shares of the transportation company’s stock, valued at approximately $326,000. A number of other hedge funds […]
- 08/22/2020
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U.S. asks Supreme Court to review decision requiring Trump to unblock critics on Twitter
- U.S. asks Supreme Court to review decision requiring Trump to unblock critics on Twitter
- 08/20/2020
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London's Greenwich Market stalls fear closure following huge rent increase
- Some traders faced 60% daily rent hike in aftermath of coronavirus lockdown
- 08/19/2020
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KNX or LSTR: Which Is the Better Value Stock Right Now?
- KNX vs. LSTR: Which Stock Is the Better Value Option?
- 08/18/2020
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Cover Story: Secondary market seeing more interest
- In the recently announced Economic Recovery Plan (Penjana), various incentives were put in place for the purchase of properties on the primary market. Themed “Building the economy together”, Penjana is set to boost the economy, which has been severely affected by the Covid-19 pandemic as well as the subsequent Movement Control Order (MCO). The initiatives related to the property market include:
- 08/18/2020
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Janney Montgomery Scott LLC Invests $343,000 in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Janney Montgomery Scott LLC acquired a new stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,230 shares of the transportation company’s stock, valued at approximately $343,000. Several other large investors have also bought […]
- 08/11/2020
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Stocks To Watch: Barrick Gold, Hedge Fund Reveals And Election Plays (NASDAQ:ACIA)
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/08/2020
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Top five global cities likely to rebound post-pandemic
- As global markets, notably the real estate segment, gear up for recovery post-Covid-19, Knight Frank Asia Pacific has highlighted the top five cities that are anticipated to be best-performing and agile. They are: New York, the US; London, the UK; Lisbon, Portugal; Auckland, New Zealand; and Sydney, Australia.
- 08/07/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Shares Acquired by Nissay Asset Management Corp Japan ADV
- Nissay Asset Management Corp Japan ADV boosted its holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 5.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,758 shares of the transportation company’s stock after acquiring an additional 869 shares during the period. […]
- 08/03/2020
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Knight-Swift: Dodging A Bullet
- A significant portion of the company's shares had been pledged to back what were essentially loans to Jerry Moyes.
- 07/31/2020
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Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company") announced today that its board of directors has declared the Company’s quarterly cash dividend of $0.08 per share of common stock. The Company's quarterly dividends are pursuant to a cash dividend policy approved by its board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the board of directors each quarter after its review of the Company’s financial performance.
- 07/31/2020
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The Latest Target in U.S.-China Tensions Is TikTok. Here’s How That Could Play Out.
- The Treasury Department is expected to brief the Trump administration about its national-security review of Chinese video-sharing app TikTok this week.
- 07/30/2020
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All 161 Taylor Swift Songs, Ranked
- There are at least ten stone-cold classics in her discography. Where do her Folklore songs land?
- 07/30/2020
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What Can We Learn About Knight-Swift Transportation Holdings' (NYSE:KNX) CEO Compensation?
- Dave Jackson became the CEO of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in 2015, and we think it's a good...
- 07/28/2020
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Knight-Swift (KNX) Q2 Earnings Beat, Revenues Decline Y/Y
- Knight-Swift's (KNX) Q2 performance reflects coronavirus-induced freight softness. Revenues decline across all three segments.
- 07/24/2020
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The Daily Dash: Knight-Swift Q2 earnings; TuSimple Revenues; And Settling A New Prime Driver Misclassification Suit
- The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, reports suggest that autonomous truck startup TuSimple is not meeting revenue...
- 07/23/2020
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Knight-Swift Posts 2Q Beat, Reinstates Guidance Above Pre-COVID Level
- The streak of truckload (TL) carriers outperforming second quarter earnings estimates continues with the nation's largest carrier, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) reporting adjusted earnings per share of $0.57, well ahead of the consensus estimate of $0.35.The company excluded $10 million, $0.06 per share, in incremental cost associated with operating during the pandemic. Knight-Swift reported earnings per share of $0.47 on an unadjusted basis, a penny higher year-over-year. "Our operational discipline, agility and cost-control culture enabled us to execute through the unprecedented challenges presented by the COVID-19 pandemic, which introduced a new source of volatility throughout the global markets during the first half of 2020," stated the release. "Our diversified customer base, networks and unique brands positioned us to navigate a disrupted freight environment of unpredictable shipping volumes, shifts in pricing and continued challenges in driver sourcing. Looking across our portfolio of brands and freight networks, some of our operating segments performed consistently throughout the quarter, while others experienced more volatility in results."Like other TL carriers that have reported second quarter earnings, Knight-Swift noted freight demand "gradually strengthened" throughout the quarter and into July.Consolidated revenue excluding fuel surcharges declined 11.1% year-over-year to $998 million with trucking revenue down 9.4% to $816 million. Revenue per tractor declined 6.5% with loaded miles down 4.9% and revenue per loaded mile excluding fuel down 1.7%. Revenue per loaded mile was flat compared to the first quarter. The carrier expects rate per mile to be positive in the third quarter.The division posted an 85.5% adjusted operating ratio (OR), again excluding the incremental operating costs from COVID, 30 basis points better than the year-ago period. Knight's OR was 84% with Swift posting an 85.3% OR.The company reinstated full-year 2020 earnings guidance. It now expects adjusted earnings per share of $2.15 to $2.30, ahead of the original guidance of $2.00 to $2.15 that was pulled over COVID-related uncertainty last quarter.Shares of KNX are up nearly 2% in early trading.The company doesn't hold a conference call. Stay tuned to FreightWaves for more coverage on Knight-Swift's earnings report.Click for more FreightWaves articles byTodd Maiden. * Prologis sees market for logistics space turn corner from pandemic * YRC loan under scrutiny; board shied away from company stock in 2019 * Comcar bankruptcy sale hits snag on trailer title disputeSee more from Benzinga * Canadian Pacific's Second-Quarter Net Profit Falls 12% * Innovative Fleets Taking Advantage Of Open-Platform Technology * LATAM Lands Brazil's Last COVID-19 Emergency Air Bridge Flight(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/22/2020
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Knight-Swift Transportation Holdings (KNX) Q2 Earnings Top Estimates
- Knight-Swift (KNX) delivered earnings and revenue surprises of 62.86% and -1.66%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/22/2020
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Knight-Swift Transportation Holdings Inc. Announces Results for Second Quarter 2020
- Knight-Swift Transportation Holdings Inc. (NYSE:KNX), North America’s largest truckload transportation company, has issued its earnings release for the quarter ended June 30, 2020. The release is currently available on Knight-Swift's investor relations website: http://investor.knight-swift.com/events and will be filed with the SEC on a Form 8-K.
- 07/22/2020
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Knight-Swift Transportation Holdings Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Knight-Swift Transportation Holdings Inc. in conjunction with their 2020 Q2 earnings call..
- 07/22/2020
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Knight-Swift Posts 2Q Beat, Reinstates Guidance Above Pre-COVID Level
- The streak of truckload (TL) carriers outperforming second quarter earnings estimates continues with the nation's largest carrier, Knight-Swift Transportation Holdings Inc. (...
- 07/22/2020
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Should You Buy Knight-Swift Transportation Holdings (KNX) Ahead of Earnings?
- Knight-Swift Transportation Holdings (KNX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/21/2020
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Barclays Increases Knight-Swift Transportation (NYSE:KNX) Price Target to $46.00
- Knight-Swift Transportation (NYSE:KNX) had its target price boosted by Barclays from $45.00 to $46.00 in a research report released on Wednesday morning, BenzingaRatingsTable reports. Barclays currently has an overweight rating on the transportation company’s stock. Several other equities analysts have also weighed in on KNX. Robert W. Baird raised their target price on Knight-Swift Transportation […]
- 07/19/2020
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Knight-Swift Transportation (NYSE:KNX) Reaches New 1-Year High at $45.11
- Knight-Swift Transportation Holdings Inc (NYSE:KNX) shares hit a new 52-week high during trading on Friday . The company traded as high as $45.11 and last traded at $44.71, with a volume of 14416 shares traded. The stock had previously closed at $43.87. Several equities research analysts have weighed in on KNX shares. Loop Capital increased […]
- 07/19/2020
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Knight-Swift Transportation Holdings (KNX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Knight-Swift (KNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2020
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Analysts Are Bullish on Top Services Stocks: Knight Transportation (KNX), Union Pacific (UNP) - Markets
- There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Knight Transportation
- 07/15/2020
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Stocks To Watch: Bank Earnings And SPAC Deals Blaze In
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/11/2020
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Did Hedge Funds Make The Right Call On Knight-Swift Transportation Holdings Inc. (KNX) ?
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 07/11/2020
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Knight-Swift Transportation Holdings Inc. Announces Timing of Second Quarter 2020 Earnings Release
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 second quarter earnings on Wednesday, July 22, 2020 prior to the market open by filing a Form 8-K with the SEC. The earnings release will be available on the Company’s website http://investor.knight-swift.com/events and the Form 8-K will be available on the SEC website http://www.sec.gov.
- 07/06/2020
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Knight-Swift Transportation Holdings Inc. Announces Timing of Second Quarter 2020 Earnings Release
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 second quarter earnings on Wednesday, July 22, 2020 prior to the mar
- 07/06/2020
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Analysts' Opinions Are Mixed on These Services Stocks: S&P Global (NYSE: SPGI) and FedEx (NYSE: FDX) - Markets
- Analysts have been eager to weigh in on the Services sector with new ratings on S&P Global (SPGI – Research
- 07/01/2020
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Ben Affleck appears to have dyed his hair and beard darker as he walks dogs in LA
- BEN Affleck appears to have dyed his hair and beard darker as he ran errands in Los Angeles. The Batman actor had noticeably darker hair as took his and girlfriend Ana de Armas’ dogs out for …
- 07/01/2020
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KBRA Assigns Ratings to Knight Insurance Group’s Key Operating Subsidiaries
- Kroll Bond Rating Agency (KBRA) assigns insurance financial strength ratings (IFSR) of A- to the insurance subsidiaries of the Knightbrook LLC: Knight
- 07/01/2020
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State of Tennessee Treasury Department Raises Stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- State of Tennessee Treasury Department raised its stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 10.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 138,269 shares of the transportation company’s stock after buying an additional 12,930 shares during the quarter. […]
- 06/28/2020
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Analysts' Opinions Are Mixed on These Services Stocks: Cardinal Health (NYSE: CAH) and Kansas City Southern (NYSE: KSU) - Markets
- Analysts have been eager to weigh in on the Services sector with new ratings on Cardinal Health (CAH – Research
- 06/24/2020
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Swift v Carpenter: Court hears from expert witnesses on serious injury claim accommodation costs - Insurance Post
- On Tuesday the appeals court heard from expert witnesses testifying on the topic of additional accommodation costs in serious injury claims in appeal to Swift v
- 06/24/2020
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Janus Henderson Group PLC Increases Stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Janus Henderson Group PLC lifted its holdings in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 8.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,523 shares of the transportation company’s stock after acquiring an additional 1,324 shares during the period. Janus Henderson Group PLC’s […]
- 06/24/2020
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Acer Swift 5 refresh touts improved thermals, antimicrobial display
- Among the slew of notebooks, tablets, and gaming machines Acer revealed today, the company also announced a Swift 5 refresh. Those who are familiar with the Swift line already know that the 2020 Sw…
- 06/23/2020
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2 TSX Pharma Stocks That Can Make You a TFSA Millionaire
- Here's why you can buy shares of Viemed Healthcare and Knight Therapeutics right now!
- 06/21/2020
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Geode Capital Management LLC Buys 59,129 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Geode Capital Management LLC increased its stake in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 4.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,482,870 shares of the transportation company’s stock after acquiring an additional 59,129 shares during […]
- 06/21/2020
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M&T Bank Corp Has $250,000 Holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- M&T Bank Corp decreased its stake in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 20.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 7,662 shares of the transportation company’s stock after selling 1,919 shares during the period. M&T Bank Corp’s holdings in Knight-Swift Transportation were worth $250,000 at the end of the most […]
- 06/21/2020
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Millwall 2-3 Derby: Louie Sibley's stunning hat-trick seals win
- KIERAN JACKSON AT THE DEN: The general consensus has been individual form is now irrelevant. Yet try telling that to Sibley, whose hat-trick settled the occasion.
- 06/20/2020
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Brokerages Expect Knight-Swift Transportation Holdings Inc (NYSE:KNX) to Announce $0.34 EPS
- Equities research analysts expect that Knight-Swift Transportation Holdings Inc (NYSE:KNX) will post earnings of $0.34 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Knight-Swift Transportation’s earnings. The highest EPS estimate is $0.37 and the lowest is $0.31. Knight-Swift Transportation posted earnings of $0.58 per share during the same […]
- 06/20/2020
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Analysts Conflicted on These Services Names: FedEx (NYSE: FDX), ABM Industries (NYSE: ABM) and Groupon (NASDAQ: GRPN) - Markets
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on FedEx (FDX –
- 06/19/2020
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Knight-Swift Transportation (NYSE:KNX) Reaches New 1-Year High on Analyst Upgrade
- Knight-Swift Transportation Holdings Inc (NYSE:KNX)’s share price hit a new 52-week high on Thursday after Robert W. Baird raised their price target on the stock from $44.00 to $48.00. Robert W. Baird currently has an outperform rating on the stock. Knight-Swift Transportation traded as high as $42.25 and last traded at $42.05, with a volume […]
- 06/19/2020
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Analysts Offer Insights on Services Companies: Norfolk Southern (NYSE: NSC) and Starbucks (NASDAQ: SBUX) - Markets
- There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Norfolk Southern
- 06/18/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Shares Acquired by Deutsche Bank AG
- Deutsche Bank AG increased its holdings in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 33.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 277,418 shares of the transportation company’s stock after purchasing an additional 69,350 shares during the quarter. Deutsche Bank AG […]
- 06/18/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Shares Acquired by Baird Financial Group Inc.
- Baird Financial Group Inc. raised its holdings in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 82.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,334 shares of the transportation company’s stock after acquiring an additional 20,100 shares during the […]
- 06/18/2020
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Nuveen Asset Management LLC Has $19.39 Million Holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Nuveen Asset Management LLC lowered its position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 54.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 591,181 shares of the transportation company’s stock after selling 716,584 shares during the quarter. Nuveen Asset […]
- 06/18/2020
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Deutsche Bank Sees Some Winners As Earnings Season Approaches
- In a report to clients, Deutsche Bank (NYSE: DB) analyst Amit Mehrotra views the outlook for transportation equities as "favorable" heading into the second quarter earnings season.He said transportation demand bottomed in late April with a slow but steady recovery since. Citing recent conversations with management teams at a dozen transportation companies and a sequentially improving demand backdrop, Mehrotra initiated favorable "catalyst calls" on Werner Enterprises (NASDAQ: WERN), XPO Logistics (NYSE: XPO) and United Parcel Service (NYSE: UPS).The firm uses catalyst calls when an analyst has a high-conviction belief a stock will outperform or underperform the market over a time period of at least two weeks and not greater than three months.Trucking calls The catalyst call "buy" rating on Werner stems from Mehrotra's belief the company will report a "sizable beat" when it releases second quarter 2020 earnings. He raised his earnings per share (EPS) estimate $0.05 to $0.51, significantly ahead of the $0.37 consensus estimate. He believes weakness in the company's one-way truckload (TL) segment was offset by improving trends in its dedicated unit, which has guaranteed capacity commitments with retailers that have seen demand accelerate during the pandemic.Further, Mehrotra said weakness in the one-way TL market, which has less stringent contractual agreements, during April was followed by recovery in May and thus far into June. He sees the potential for modest year-over-year improvement in equipment utilization and a lower than expected decline in revenue per total mile in Werner's one-way segment during the quarter.Werner's dedicated business represents approximately 60% of its TL transportation revenue and nearly half of the company's total revenue.The near-term expectations aren't as rosy for the nation's largest TL carrier, Knight-Swift Transportation (NYSE: KNX). "We're bracing for a weak 2Q from KNX...but exit rate is most important and possible reinstatement of guidance likely to support shares," said Mehrotra. He believes Knight-Swift saw an "extremely weak April" given Knight's spot market exposure (roughly 10%) and Swift's "disproportionate" retail apparel and automotive customer base. He lowered his second quarter EPS estimate $0.04 to $0.32, a penny under consensus, and noted "potential downside risk" to the revised number.However, Mehrotra is more focused on how trends progressed through the end of the quarter versus the overall headline number. He thinks positive commentary regarding the exit rate of the quarter and reinstatement of the company's earnings guidance, which he expects to reveal a "big second half rebound" could buoy the shares. He maintained his buy rating on Knight-Swift's shares, pointing to improving demand and the expectation that TL capacity will continue to come out of the market.On the logistics and less-than-truckload (LTL) fronts, he's positive on XPO and Saia (NASDAQ: SAIA).He expects XPO to "meet or slightly exceed" consensus in the quarter. He views the adoption of ecommerce solutions by retailers as beneficial to XPO's growth outlook. He sees the company's logistics unit as a beneficiary of the growing need for ecommerce fulfillment centers, noting the segment's warehouse scale and expertise in automation.Mehrotra's expecting a big second quarter from Saia with EPS of $0.94 compared to the consensus estimate of $0.86. He believes the company's cost initiatives during the pandemic will help offset the likely revenue declines the carrier reported during its mid-quarter update.Saia has cut workforce hours by 16% and implemented a "shared sacrifice" structure, meaning hourly employees rotate their time off. This has been done to maximize hours per employee and minimize furloughs, allowing it to be nimble and bring employees back quickly as demand turns. The company also has a large linehaul optimization program in the works.He maintained his buy rating on the carrier.UPS and Norfolk Southern Mehrotra made a couple of other near-term calls in the earnings preview report. He implemented a catalyst call buy rating on UPS based on the expectation of a more than 20% earnings beat during the second quarter, hence his $1.30 EPS estimate compared to consensus of $1.06.He believes investors are "overly (albeit understandably) negative" on the freight mix shift from B2B to B2C during the pandemic. He believes weights per package and shipping distances increased sequentially in the second quarter as lockdown mandates eased. He also believes the company has become accustomed to the higher level of demand that has become the new norm and that new CEO Carol Tomé will bring a renewed focus to improving financial returns.Mehrotra initiated a catalyst call "sell" on Norfolk Southern (NYSE: NSC) based on his expectation for second quarter EPS to decline 55% year-over-year. He's forecasting a 1,000-basis-point decline in the railroad's operating ratio on a 30% decline in revenue with operating expenses declining only 20%. Mehrotra believes the railroads will see revenue decline 22% on average with earnings down 33% in the second quarter.He expects Norfolk Southern to report the "worst" trends out of the railroads. His EPS estimate of $1.24 sits well below the consensus estimate of $1.62.In total, Mehrotra made very modest EPS changes to the transportation companies he follows. 2020 forecasts were lowered 2% on average and 2021 numbers were cut only 1%.Shares of WERN (+2.3%), XPO (+3.4%) and UPS (+2.5%) were all higher in midday trading. Shares of NSC (-0.1%) are off slightly on the day.See more from Benzinga * Truck Crossings Have The Best Week Since US-Canada Border Closed * Airlines Seek Government Help To Survive Winter Doldrums * Senate Bill Targets FAA Certification Process Used For 737 MAX(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/17/2020
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Maruti Suzuki Swift Completes 15 Years in India, Is Best-Selling Premium Hatchback for 14 Years
- The Maruti Suzuki Swift was launched in India in 2005 and is regarded as being the car that kick-started the premium hatchback segment in the country.
- 06/17/2020
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Thwarting the sex police: Art and perversion in McGahern and beyond
- In the late novelist’s work, vivid characters chafe against authority and public morals
- 06/17/2020
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Knight-Swift Remains Expensive (NYSE:KNX)
- 2020 has the potential to be a financially challenging year for Knight-Swift, given the slowdown in business at a time when many debts come due. The business ca
- 06/16/2020
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Maruti Suzuki Swift turns 15! King of its segment since 2005 and here’s why
- The Maruti Suzuki Swift is now 15 years old in India. Spanning over three generations, the Swift has gathered over 22 lakh sales since 2005 and has been the segment leader for the last 15 years. The Maruti Suzuki in the last 15 years has taken the market by storm, and here’s how!
- 06/16/2020
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Maruti Swift completes 15 years, sells 2.2 million units till date
- Swift captured the pole position in premium hatchback segment in FY 2019-20, MSI said.
- 06/16/2020
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Parametric Portfolio Associates LLC Sells 48,383 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Parametric Portfolio Associates LLC lowered its stake in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 13.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 299,709 shares of the transportation company’s stock after selling 48,383 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Knight-Swift Transportation were worth $9,830,000 as of its […]
- 06/16/2020
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Asset Management One Co. Ltd. Acquires 327 Shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Asset Management One Co. Ltd. boosted its holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 0.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,604 shares of the transportation company’s stock after purchasing an additional 327 shares during the quarter. Asset […]
- 06/15/2020
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Blockchain-friendly Bank Frick adds support for USDC stablecoin - CoinGeek
- USDC integration allows Bank Frick users to send and settle payments at a faster rate than the SWIFT network used by a majority of banks
- 06/13/2020
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Brian Brooks: Blockchain Has the Power to Connect Everything | Live Bitcoin News
- Comptroller of the currency Brian Brooks, a former attorney of Coinbase, has stated many positive things about the abilities of blockchain.
- 06/12/2020
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The slave who took on the institution in Scotland and won
- Joseph Knight, whose real name is not known, was sold to wealthy plantation owner John Wedderburn of Ballendean, in Jamaica in 1762.
- 06/12/2020
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US House Republicans Call for Naming Russia 'State Sponsor of Terror'
- © AFP 2020 / Mladen Antonov The Republican Study Committee, which is the largest GOP caucus in the House of Representatives, has called for naming Russia "a state sponsor of terrorism" in its latest report. The Republican lawmakers claim that Moscow supports a variety of organisations deemed terrorist by Washington, such as Iran's Islamic Revolutionary Guard Corps, Hezbollah, and the Russian Imperial Movement. The GOP congresspeople also accused the Kremlin of supporting the Taliban, despite the fact that it's banned in Russia as a terrorist organisation.
- 06/11/2020
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Near-Term Trucking Outlook Marred by Coronavirus-Led Freight Woes
- Near-Term Trucking Outlook Marred by Coronavirus-Led Freight Woes
- 06/10/2020
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Renewed Case for ‘Industry Utilities’ for Financial Services: Navigating an unseen operating environment | PaymentsJournal
- There is little doubt that 2020 will go down as a landmark year in the history and economics books as the COVID-19 crisis continues to significantly disrupt (and reset) economies and communities. While performance will see impacts across the board, resiliency measures and their efficacy in the current environment will determine the ‘winners’ of the […]
- 06/09/2020
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Best Windows hosting services of 2020
- For those who need to go the Microsoft route rather than Linux
- 06/08/2020
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Experts are calling for an 'urgent investigation' into the high rate of pregnant women of color hospitalized with coronavirus
- A new study of 427 pregnant women who were admitted to UK hospitals with COVID-19 found that 25% of women were Asian and 22% were black.
- 06/08/2020
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Harlem Seoul
- A Swift theme inspired by the modern Harlem music scene in Seoul
- 06/08/2020
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Do Hedge Funds Love Knight-Swift Transportation Holdings Inc. (KNX)?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 06/05/2020
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Are Rogue Countries Turning to Crypto for Sanctions Relief? | Finance Magnates
- Increasingly, rogue states such as Iran, are turning to the world of cryptocurrency to defy economic sanctions. Here's how and why they do it.
- 06/02/2020
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Appeals Court Revives CRST's Driver-Poaching Lawsuit
- A divided federal appeals court has revived a lawsuit by CRST Expedited Inc. alleging rival motor carrier TransAm Trucking Inc. poached drivers who had signed noncompete contracts with CRST.In a 2-1 split, the 8th U.S. Circuit Court of Appeals on Wednesday reversed the U.S. District Court for the Northern District of Iowa's July 2018 order granting summary judgment to TransAm and remanded the case for further consideration.Judge Bobby E. Shepherd, writing for the majority, wrote that the district court erred in granting TransAm's motion for summary judgment on claims of intentional interference with CRST's employment contracts, finding that TransAm's action of offering an incentive, like higher pay, caused some CRST drivers not to complete the terms of their noncompete agreement with the Cedar Rapids, Iowa, carrier. The panel's majority argued that TransAm, headquartered in Olathe, Kansas, knowingly recruited and hired 167 long-haul truck drivers, who had completed CRST's driver training program to obtain their commercial driver's licenses (CDLs) but were contractually obligated to work for the motor carrier over a 10-month restrictive period so CRST could recoup its training school costs.Shepherd also stated that the district court erred in granting TransAm's motion for summary judgment on CRST's unjust-enrichment claim."CRST-trained drivers are less expensive for TransAm to employ than drivers who have not been trained by TransAm's competitors," the judge wrote. "Unlike CRST, TransAm does not incur those training costs, and, as a result, it can offer its recruits a higher rate immediately."He added that while "TransAm offers to reimburse its recruits for the costs associated with obtaining their CDLs, CRST presented evidence that TransAm's reimbursement program does not extend to drivers who have obtained their CDLs through programs operated by other trucking companies."CRST, which hauls general freight, has nearly 1,700 power units and approximately 3,400 drivers, according to the Federal Motor Carrier Safety Administration's SAFER website."CRST is pleased with the result and grateful for the hard work of the judges which produced this opinion," CRST attorney Kevin Visser of Simmons Perrine Moyer Bergman PLC told FreightWaves. "The case has been remanded to the Iowa federal court for a trial on the merits of the issues."In regard to TransAm's cross-appeal, which argued the case should have been dismissed because CRST failed to join the indispensable parties, meaning only the drivers should have had standing to challenge the noncompete agreements, the majority panel agreed with the lower court's ruling. TransAm, which hauls general freight, fresh produce and paper products, has about 1,600 power units and 1,051 drivers, according to FMCSA. Kansas City, Missouri-based Seigfreid Bingham PC, the law firm representing TransAm, did not respond to FreightWaves' email and telephone requests for comment.In his dissenting opinion, Judge David Stras wrote there's no evidence that TransAm's recruiting efforts, including its nationwide advertisements, "were aimed at anything more nefarious than finding qualified drivers." He added that TransAm didn't send out targeted communications specifically to CRST drivers encouraging them to break their noncompete agreements."Without evidence of an improper motive, the wheels come off CRST's tortious-interference claim," Stras wrote. He added that the CRST drivers hired by TransAm didn't actually receive a special deal at all because they were ineligible for the training reimbursement payments that other drivers received.Driver-poaching lawsuitCRST filed a $90 million damage lawsuit against TransAm in the U.S. District Court for the Northern District of Iowa in April 2016 after first sending a cease-and-desist letter to TransAm in 2014. The Iowa-based carrier alleges that it saw an uptick in 2014 in employment verification requests from TransAm for drivers who were still under contract to work for CRST. Court documents allege that each time CRST received an employment verification from one of its drivers still under contract, it sent correspondence to TransAm notifying the carrier that the drivers were still in their restrictive periods.CRST is also battling another mega-carrier over the same driver-poaching issue.Swift Transportation, a unit of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), is currently appealing a more than $15 million federal jury award it was ordered to pay in late July 2019 for allegedly poaching drivers with the same noncompete agreements from CRST. In December 2019, U.S. District Judge C.J. Williams reduced Swift's punitive damages from $5 million to $3 million and eliminated the jury's $7.5 million unjust-enrichment award.See more from Benzinga * ZIM's Loss drops as EBITDA and Cash Flow Jump * New Mexico trucking attorney nominated for seat on federal bench * No Business Like Show Business: Film Production Drivers Get Clearinghouse Exemption(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/29/2020
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Freight Demand Weakness Hurts Knight-Swift, Liquidity Aids
- Dismal freight demand due to coronavirus pandemic hurts Knight-Swift's (KNX) results. Nevertheless, the company's sound liquidity is a positive.
- 05/29/2020
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Building My First App with SwiftUI and Firebase
- My experiences after having used both
- 05/28/2020
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Stocks break through a major milestone that could signal a longer uptrend is ahead
- Positive vaccine news and progress with economic reopenings pushed the S&P 500 to an important milestone that could be a bullish sign.
- 05/26/2020
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Killing Eve Season 3 Becomes Battleground In Taylor Swift Rights Feud
- Fans of Taylor Swift did some sleuthing.
- 05/25/2020
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JPMorgan Report Opines CBDCs Could Disrupt the U.S. Dollar’s Hegemony | BTCMANAGER
- A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U.S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020. U.S. Dollar Hegemony Could Be Disrupted Analysts…
- 05/23/2020
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Why Is Knight-Swift (KNX) Up 9.2% Since Last Earnings Report?
- Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 05/22/2020
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Old Dominion Slashes Dividend by 35% Amid Coronavirus Woes
- Amid coronavirus concerns, Old Dominion (ODFL) cuts quarterly dividend by approximately 35% to 15 cents per share.
- 05/22/2020
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Star Wars: 10 Things From The Iconic Franchise That Were Based On Real-Life History
- The world of Star Wars is rich and expansive, and much of it is based on real-world history.
- 05/21/2020
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Naira drops to N456 at parallel market | Nairametrics
- Naira it dropped against the dollar today it was selling at N456 to S1 as individuals rush in to meet their fx payment obligations
- 05/19/2020
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Ripple, third most valuable cryptocurrency, gets approval from the U.S for money transfers | Nairametrics
- Ripple (XRP), the third most widely used crypto-asset behind bitcoin and Ethereum, has gotten the attention of the world’s biggest economy..
- 05/19/2020
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New wave of Trojans attacking co-operative banks! Stop this RAT attack, don't do this
- Indian co-operative banks need to be extra careful as a new wave of Adwind Java Remote Access Trojan (RAT) campaign is targeting their accounts using Covid-19 as a bait.
- 05/19/2020
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XRP's Feeble Performance Despite Brief Volatility Spikes ⋆ ZyCrypto
- With $8.6 billion in market cap, Ripple (XRP) is still the third-largest cryptocurrency lagging behind Bitcoin and Ethereum. The past year
- 05/15/2020
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Martin O'Neill's first 10 Villa hits and misses
- Martin O'Neill's time at Aston Villa was defined by transfer window activity. His first set signings were a mixed bag, though
- 05/14/2020
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Visa Applies For Digital Dollar Blockchain Patent
- The U. S. Patent and Trademark Office (USPTO) published today that Visa has filed a patent application to create digital currency on a centralized computer using blockchain technology.
- 05/14/2020
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Fiorano Announces Technology to Simplify ISO 20022 Adoption
- Fiorano Announces Technology to Simplify ISO 20022 Adoption
- 05/13/2020
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Taylor Swift Might Kill Traditional Concerts - and We Should Thank Her
- The coronavirus is forcing concerts to cancel in 2020, but will their replacements put the nail in their coffin forever? Let's hope so.
- 05/09/2020
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The financial world’s nervous system is being rewired
- And it is not America that is doing it
- 05/07/2020
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Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend
- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that its Board of Directors has declared the company’s quarterly cash dividend of $0.08 per share of common stock. The company's quarterly dividends are pursuant to a cash dividend policy approved by the Board of Directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the company’s financial performance.
- 05/07/2020
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Shareholder Alert: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Knight-Swift Transportation Holdings Inc. - KNX
- New York, New York--(Newsfile Corp. - May 6, 2020) - Levi & Korsinsky announces it has commenced an investigation of Knight-Swift Transportation Holdings Inc. (NYSE: KNX) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/knight-swift-transportation-holdings-inc-loss-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.Levi & Korsinsky is a nationally recognized firm with offices in New ...
- 05/06/2020
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Only Four Cities Around the Globe Expected to See Prime Price Growth in 2020
- The largest price falls are expected in Buenos Aires, Mumbai, Hong Kong, Singapore and Vancouver, according to Knight Frank
- 05/06/2020
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Calamos Advisors LLC Acquires Shares of 81,390 Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Calamos Advisors LLC bought a new position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 81,390 shares of the transportation company’s stock, valued at approximately $2,669,000. A number of other hedge funds and other institutional investors […]
- 05/02/2020
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The CAO of Knight Trans. Inc. of Knight Transportation (NYSE: KNX) is Selling Shares
- Yesterday, the CAO of Knight Trans. Inc. of Knight Transportation (KNX – Research Report), Wayne Yu, sold shares of KNX
- 05/02/2020
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Analysts Offer Insights on Services Companies: CH Robinson (CHRW), Dunkin' Brands (DNKN) and Ebay (EBAY)
- There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on CH Robinson (CHRW), Dunkin' Brands (DNKN) and Ebay (EBAY)
- 05/01/2020
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Hub Group (HUBG) Receives a Buy from Cowen & Co.
- Cowen & Co. analyst Jason Seidl maintained a Buy rating on Hub Group (HUBG) today and set a price target of $53.00. The company's shares closed last
- 05/01/2020
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Schneider National (SNDR) Receives a Hold from Cowen & Co.
- In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Schneider National (SNDR), with a price target of $22.00. The
- 04/30/2020
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CH Robinson (CHRW) Gets a Hold Rating from Susquehanna
- Susquehanna analyst Bascome Majors maintained a Hold rating on CH Robinson (CHRW) today and set a price target of $76.00. The company's shares closed last
- 04/30/2020
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Analysts Have Conflicting Sentiments on These Services Companies: CH Robinson (CHRW), Strategic Education (STRA) and Norfolk Southern (NSC)
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on CH Robinson (CHRW), Strategic Education (STRA) and Norfolk
- 04/30/2020
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Analysts Are Bullish on These Services Stocks: Saia (SAIA), Yum! Brands (YUM)
- There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Saia (SAIA), Yum! Brands (YUM) and CH Robinson (CHRW) with
- 04/30/2020
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Analysts Offer Insights on Services Companies: Norfolk Southern (NSC), Lantronix (LTRX) and Yum! Brands (YUM)
- There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Norfolk Southern (NSC), Lantronix (LTRX) and Yum! Brands
- 04/30/2020
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Cowen & Co. Maintains a Hold Rating on Saia (SAIA)
- Cowen & Co. analyst Jason Seidl maintained a Hold rating on Saia (SAIA) today and set a price target of $99.00. The company's shares closed last
- 04/29/2020
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Analysts Offer Insights on Services Companies: United Parcel (UPS), Hilton Worldwide Holdings (HLT) and Apergy (APY)
- Analysts fell to the sidelines weighing in on United Parcel (UPS), Hilton Worldwide Holdings (HLT) and Apergy (APY) with neutral ratings, indicating that
- 04/29/2020
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Analysts Offer Insights on Services Companies: United Parcel (NYSE: UPS), Hilton Worldwide Holdings (NYSE: HLT) and Apergy (NYSE: APY)
- Analysts fell to the sidelines weighing in on United Parcel (UPS – Research Report), Hilton Worldwide Holdings (HLT – Research
- 04/29/2020
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United Parcel (UPS) Receives a Hold from Credit Suisse
- In a report released yesterday, Allison Landry from Credit Suisse assigned a Hold rating to United Parcel (UPS), with a price target of $101.00. The
- 04/29/2020
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Morgan Stanley Keeps Their Sell Rating on United Parcel (UPS)
- Morgan Stanley analyst Ravi Shanker maintained a Sell rating on United Parcel (UPS) today and set a price target of $60.00. The company's shares closed
- 04/29/2020
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Werner Enterprises (WERN) Receives a Hold from Cowen & Co.
- In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Werner Enterprises (WERN), with a price target of $39.00. The
- 04/29/2020
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Knight-Swift Transportation Holdings Inc (NYSE:KNX) Chairman Kevin P. Knight Sells 50,000 Shares of Stock
- Knight-Swift Transportation Holdings Inc (NYSE:KNX) Chairman Kevin P. Knight sold 50,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $36.79, for a total transaction of $1,839,500.00. Following the sale, the chairman now directly owns 2,023 shares of the company’s stock, valued […]
- 04/29/2020
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CH Robinson (CHRW) Received its Third Buy in a Row
- After UBS and Stephens gave CH Robinson (NASDAQ: CHRW) a Buy rating last month, the company received another Buy, this time from Cowen & Co. Analyst
- 04/28/2020
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Credit Suisse Sticks to Its Buy Rating for Canadian Railway (CNI)
- Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Railway (CNI) today and set a price target of $86.00. The company's shares closed
- 04/28/2020
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Credit Suisse Sticks to Its Buy Rating for Canadian Railway (CNI)
- Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Railway (CNI – Research Report) today and set a
- 04/28/2020
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Cowen & Co. Maintains Their Buy Rating on Canadian Railway (CNI)
- In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Canadian Railway (CNI), with a price target of $85.00. The
- 04/28/2020
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Insider Selling: Knight-Swift Transportation Holdings Inc (NYSE:KNX) Vice Chairman Sells 100,000 Shares of Stock
- Knight-Swift Transportation Holdings Inc (NYSE:KNX) Vice Chairman Gary J. Knight sold 100,000 shares of Knight-Swift Transportation stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $35.21, for a total transaction of $3,521,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange […]
- 04/28/2020
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XPO Logistics (XPO) Gets a Buy Rating from Credit Suisse
- Credit Suisse analyst Allison Landry maintained a Buy rating on XPO Logistics (XPO) on April 24 and set a price target of $78.00. The company's shares
- 04/27/2020
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Q2 2020 Earnings Forecast for Knight-Swift Transportation Holdings Inc (NYSE:KNX) Issued By KeyCorp
- Knight-Swift Transportation Holdings Inc (NYSE:KNX) – Equities researchers at KeyCorp cut their Q2 2020 earnings per share (EPS) estimates for shares of Knight-Swift Transportation in a report issued on Wednesday, April 22nd. KeyCorp analyst T. Fowler now anticipates that the transportation company will post earnings of $0.35 per share for the quarter, down from their […]
- 04/27/2020
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180,973 Shares in Knight-Swift Transportation Holdings Inc (NYSE:KNX) Acquired by British Airways Pensions Investment Management Ltd
- British Airways Pensions Investment Management Ltd bought a new position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 180,973 shares of the transportation company’s stock, valued at approximately $5,936,000. British Airways […]
- 04/26/2020
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LS Investment Advisors LLC Has $292,000 Holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- LS Investment Advisors LLC trimmed its position in shares of Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 25.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,907 shares of the transportation company’s stock after selling 3,040 shares during the quarter. LS Investment Advisors LLC’s holdings […]
- 04/25/2020
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Assenagon Asset Management S.A. Invests $523,000 in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- Assenagon Asset Management S.A. acquired a new position in Knight-Swift Transportation Holdings Inc (NYSE:KNX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,941 shares of the transportation company’s stock, valued at approximately $523,000. Other hedge funds have also […]
- 04/25/2020
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Union Pacific (UNP) Receives a Buy from Credit Suisse
- Credit Suisse analyst Allison Landry maintained a Buy rating on Union Pacific (UNP) yesterday and set a price target of $175.00. The company's shares
- 04/24/2020
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Union Pacific (UNP) Receives a Buy from Credit Suisse
- Credit Suisse analyst Allison Landry maintained a Buy rating on Union Pacific (UNP – Research Report) yesterday and set a
- 04/24/2020
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Analysts Offer Insights on Services Companies: Old Dominion Freight (ODFL), Patterson-UTI (PTEN) and WW Grainger (GWW)
- Analysts have been eager to weigh in on the Services sector with new ratings on Old Dominion Freight (ODFL), Patterson-UTI (PTEN) and WW Grainger (GWW).
- 04/24/2020
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Analysts Offer Insights on Services Companies: Domino's Pizza (DPZ), Old Dominion Freight (ODFL) and Pool (POOL)
- There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Domino's Pizza (DPZ), Old Dominion Freight (ODFL) and Pool
- 04/24/2020
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Analysts Offer Insights on Services Companies: Domino’s Pizza (NYSE: DPZ), Old Dominion Freight (NASDAQ: ODFL) and Pool (NASDAQ: POOL)
- There’s a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Domino’s Pizza
- 04/24/2020
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Knight-Swift (KNX) Beats Q1 Earnings Estimates, Suspends View
- Weakness in the freight environment amid COVID-19 pandemic hurts Knight-Swift's (KNX) first-quarter 2020 results
- 04/24/2020
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Knight-Swift (KNX) Beats Q1 Earnings Estimates, Suspends View
- Weakness in the freight environment amid COVID-19 pandemic hurts Knight-Swift's (KNX) first-quarter 2020 results
- 04/24/2020
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Cowen & Co. Maintains a Hold Rating on Old Dominion Freight (ODFL)
- In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Old Dominion Freight (ODFL), with a price target of $138.00. The
- 04/24/2020
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Analysts Offer Insights on Services Companies: Union Pacific (UNP) and Dunkin' Brands (DNKN)
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on Union Pacific (UNP) and Dunkin' Brands (DNKN). Union
- 04/24/2020
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Analysts Offer Insights on Services Companies: Union Pacific (NYSE: UNP) and Dunkin’ Brands (NASDAQ: DNKN)
- Companies in the Services sector have received a lot of coverage today as analysts weigh in on Union Pacific (UNP
- 04/24/2020
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Analysts Offer Insights on Services Companies: CSX (CSX) and Kinder Morgan (KMI)
- There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CSX (CSX) and Kinder Morgan (KMI) with bullish sentiments.
- 04/23/2020
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Analysts Offer Insights on Services Companies: CSX (NASDAQ: CSX) and Kinder Morgan (NYSE: KMI)
- There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CSX (CSX
- 04/23/2020
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Analysts Offer Insights on Services Companies: Echo Global Logistics (ECHO), Las Vegas Sands (LVS) and Brinker International (EAT)
- Analysts have been eager to weigh in on the Services sector with new ratings on Echo Global Logistics (ECHO), Las Vegas Sands (LVS) and Brinker
- 04/23/2020
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Knight Transportation (KNX) Receives a Hold from Cowen & Co.
- Cowen & Co. analyst Jason Seidl maintained a Hold rating on Knight Transportation (KNX) today and set a price target of $33.00. The company's shares
- 04/23/2020
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Knight Transportation (KNX) Receives a Hold from Cowen & Co.
- Cowen & Co. analyst Jason Seidl maintained a Hold rating on Knight Transportation (KNX – Research Report) today and set
- 04/23/2020
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Cowen & Co. Maintains Their Buy Rating on Echo Global Logistics (ECHO)
- In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Echo Global Logistics (ECHO), with a price target of $23.00. The
- 04/23/2020
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DNB Asset Management AS Lowers Stock Position in Knight-Swift Transportation Holdings Inc (NYSE:KNX)
- DNB Asset Management AS lessened its holdings in Knight-Swift Transportation Holdings Inc (NYSE:KNX) by 16.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,508 shares of the transportation company’s stock after selling 4,751 shares during the quarter. DNB Asset Management AS’s holdings in […]
- 04/23/2020
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Daseke Appoints New CFO
- Daseke Inc. (NASDAQ: DSKE), the nation's largest flatbed carrier announced that Jason Bates will fill its vacant chief financial officer position effective April 27.
On Wednesday...
- 04/23/2020
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Knight-Swift Beats First Quarter Expectations, Pulls Guidance On COVID Concerns
- The nation's largest truckload (TL) carrier, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) reported first quarter 2020 earnings per share (EPS) of $0.44, well ahead of analysts' expectations of $0.35.The Phoenix-based carrier recorded $2.3 million, or $0.01 per share, in "incremental expenses associated with our drivers and terminal employees to ensure safety and that communities received essential products." A similar amount is expected to be incurred during the second quarter. Knight-Swift Consolidated FinancialsGiven the "uncertainties regarding the duration and impact of the COVID-19 pandemic," the carrier pulled its 2020 full-year adjusted earnings guidance, which had called for EPS of $2.00 to $2.15.Truckload The TL segment reported a 5.1% year-over-year decline in revenue excluding fuel surcharges to $821 million. The decline was the result of operating 472 fewer tractors in the quarter compared to the first quarter of 2019, which was partially offset by a slight increase in miles per tractor. Revenue per tractor was 2.7% lower as revenue per loaded mile declined 3.1%. The TL adjusted operating ratio (OR) improved 20 basis points year-over-year to 86.5% as cost control initiatives resulted in a 3.2% reduction in operating expenses on a per mile basis. TL Key Performance IndicatorsFrom the press release, "Our diverse customer base has permitted us to balance our truckload capacity between customers with significant declines in volumes and those experiencing surges in demand for essential consumer products."The division reported lower gains on equipment sales, down $8.8 million year-over-year or $0.04 in EPS, due to a "weaker used equipment market." Gains on the sale from the trade of tractors and trailers is booked as an offset to operating expenses, lowering expenses considerably for larger carriers.Prices for used trucks have fallen significantly after record purchasing of new tractors through and after the freight peak of 2018. As post-peak volumes fell off significantly and excess capacity pushed TL rates lower, the demand for new equipment fell, negatively impacting the trade-in values for older equipment. Further, difficulty accessing credit and higher insurance claims and expenses have weighed on equipment demand.View more earnings on KNX 3 Year Old Used Truck Price Index (USA) – SONAR: UT3.USALogistics and Intermodal Revenue in the logistics segment, primarily brokerage, declined 12% year-over-year to $77 million as brokered loads declined 6.5% and revenue per load was down 3.8%. Many truck brokerage operations saw a margin squeeze in the quarter as COVID-19-related shelter-in-place restrictions resulted in panic buying as consumers rushed to stock up on household necessities. Truck capacity tightened and the cost of purchased transportation increased meaningfully. Knight-Swift reported a 310-basis point decline in brokerage gross margin to 14.7% in the quarter. Logistics and Intermodal Key Performance IndicatorsIntermodal revenue declined 18.2% year-over-year to $95 million as loads declined 13.2% and revenue per load dipped 5.8%. Demand for intermodal remains subdued as diesel fuel prices have declined and ample TL capacity is available in the market. Total U.S. intermodal traffic on the railroads was 9% lower year-over-year in the first quarter according to the Association of American Railroads. Knight-Swift's adjusted intermodal OR was 102.8% in the period, 480 basis points worse than the year ago quarter.The carrier ended the quarter with $621.7 million in available liquidity and net debt of $787.9 million. The company generated $155.3 million in cash flow from operations, which was diminished by a $93.4 million cash settlement related to the classification of independent contractors.Knight-Swift lowered its full-year 2020 net capital expenditures (capex) guidance to $510 million to $540 million (formerly it was $550 million to $575 million), providing it with another $35 million to $40 million in liquidity."We do not foresee material liquidity constraints or any issues with our ongoing ability to meet our debt covenants."The company raised its quarterly cash dividend to $0.08 per share, from $0.06 per share, in February. The company does not plan to change or suspend its dividend. "We believe we are well-prepared for the sustainability of our business from a balance sheet perspective with a very conservative debt balance and a meaningful level of available liquidity, coupled with a conservative, cost-minded culture."See more from Benzinga * Today's Pickup: Ware2Go Providing Free Logistics Support To PPE Relief Effort * Market Visibility For The Always Responders * Driving Schools Seek DOT Authority For CDL Testing(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 04/22/2020
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Knight-Swift +2% after earnings beat
- Amid challenging conditions, Knight-Swift Transportation (KNX +1.7%) trades higher after sliding past Q1 earnings estimates. Revenue was down 6.6% during the quarter and operating income fell 8.0%. T
- 04/22/2020
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