Stifel Downgrades Knight Transportation (KNX) to Hold

Knight Transportation Reports First Quarter 2016 Revenue and Earnings

April 20, 2016 4:01 PM EDT

PHOENIX--(BUSINESS WIRE)-- Knight Transportation, Inc. (NYSE: KNX), one of North Americas largest and most diversified truckload transportation companies, today reported revenue and net income for the first quarter ended March 31, 2016.

Key financial highlights for the first quarter of 2016 and 2015 were as follows:

(dollars in thousands, except per share data)       Three Months Ended March 31, 2016       2015       % Chg Total revenue $ 272,088 $ 290,281 -6.3 % Revenue, excluding trucking fuel surcharge $ 253,583 $ 257,214 -1.4 %... More