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Stock impact report

Abilene Motor Express being absorbed into Swift [Yahoo! Finance]

Knight-Swift Transportation Holdings Inc. (KNX) 
Last knight-swift transportation holdings inc. earnings: 4/22 09:00 am Check Earnings Report
US:NYSE Investor Relations: investor.knighttrans.com
Company Research Source: Yahoo! Finance
In internal communications obtained by FreightWaves, Larry Johnson, the president of Abilene Motor Express, said the move was “part of a broader effort to improve efficiency and streamline operations.” “This alignment helps us work more cohesively, move faster and better serve our drivers and customers,” Johnson said in the internal communication. He said Abilene, an OTR carrier, will continue operating under that name until January 27. Abilene's drivers “will transition to Swift and will receive clear guidance and ongoing support throughout the process.” On its LinkedIn page, Abilene, based in Richmond, VA, said it has “nearly” 500 tractors. The finality of the disappearance of the Abilene name and standalone status within Knight Swift (NYSE: KNX) was driven home by Johnson who said “we thank Abilene team members for their years of dedication and look forward to welcoming those joining the Swift family.” It also said customers have been contacted by the company regarding t Show less Read more
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