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0.000649204724212879 -0.000599265899273324 0.000649204724212879 0.0037703812829285 0.00189767534769908 0.00189767534769908 0.00189767534769908 0.00189767534769908
Stock impact report

Knight-Swift sells FleetAero assets to Transtex [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Knight-Swift's ( NYSE: KNX FleetAero assets were sold for an undisclosed sum. The deal was structured as an asset purchase. “As fleets face increasing pressure to reduce operating costs and meet tightening emissions standards, aerodynamic technologies offer one of the most immediate and cost-effective ways to improve fuel efficiency and lower emissions in heavy-duty trucking,” a Monday news release said. Transtex designs and manufactures aerodynamic flaps, fins and skirts for tractors and trailers. It also produces and sells a line of auxiliary power units. The deal bolsters Transtex's aerodynamic technology platform of fleet-efficiency products. “TRANSTEX has consistently demonstrated its ability to deliver solutions that perform in demanding, real-world conditions,” said Dave Williams, senior vice president of equipment and governmental relations at Knight-Swift, in a news release. “We believe this long-term partnership will support continued innovation and drive measurable o Show less Read more
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