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Stock impact report

Knight-Swift CEO notes organic market growth appeal in LTL [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
Knight-Swift Transportation Holdings' LTL portfolio might get its national in-house footprint by acquisition or organic growth, CEO Adam Miller said at a supply chain conference, but his comments suggested that the latter might be more likely. In contrast to a TL acquisition, LTL merger and acquisition strategy calls for syncing companies on one system and developing a single network, Miller said Monday during a live video interview for SMC³ Jump Start in Atlanta and Bloomberg's Talking Transports podcast. “So right now we're kind of taking a breather as we, you know, develop some density in the terminal network that we have currently,” Miller said, adding that they're also not wanting to overextend their capital following rapid growth in their LTL network in recent years. Miller's comments gave further direction to what the company has given on how it could complete its vision for completing its network. While the CEO has maintained a dual approach of both M&A and organic gr Show less Read more
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