Knight Transportation (KNX) Declares $0.06 Quarterly Dividend; 0.6% Yield

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Go back to Knight Transportation (KNX) Declares $0.06 Quarterly Dividend; 0.6% Yield

Knight Transportation (KNX) PT Lowered to $51 at UBS

November 7, 2017 7:42 AM EST

UBS lowered its price target on Knight Transportation (NYSE: KNX) to $51.00 (from $53.00) while maintaining a Buy rating.

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Knight Transportation (KNX) Misses Q2 EPS by 3c

November 6, 2017 4:04 PM EST

Knight Transportation (NYSE: KNX) reported Q2 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $521.61 billion versus the consensus estimate of $536.67 billion.

For earnings history and earnings-related data on Knight Transportation (KNX) click here.

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U.S. truck firms accelerate into the merging lane

November 6, 2017 7:09 AM EST

By Eric M. Johnson and Nick Carey

The consolidation of the U.S. trucking industry is picking up speed, with big trucking companies and private equity funds scooping up smaller firms as a U.S. regulatory mandate is set to go into effect and as drivers push for higher wages.

There have been 44 publicly announced freight movement and logistics deals within the U.S. so far this year, according to Thomson Reuters data, already topping the 38 deals announced in 2016. And the total is likely much higher because most deals are private, said Todd McMahon, managing director at... More