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Knight-Swift
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Updated Nov 6, 2026
Knight-Swift appoints Daimler Truck Financial Services veteran to board; declares $0.20 quarterly dividend
Knight-Swift expanded its board by one director on November 4, appointing Richard Howard, the former President and CEO of Daimler Truck Financial Services USA, to bring commercial vehicle financing expertise into governance. The company simultaneously declared a quarterly cash dividend of $0.20 per share, payable December 21, 2026, consistent with its established dividend policy. The filing contains no operational, financial, or strategic updates beyond these governance and capital allocation actions.
Tone: neutralRevenue
$7.5B
KNX 10-K · FY 2025
Employees
37,100
Revenue growth YoY
+0.8%
Founded
1966
Profile
KNX 10-K Item 1 · Feb 19, 2026Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, operating full truckload, LTL, intermodal, and logistics services through a nationwide network of terminals in the US and Mexico. The company operates four reportable segments — Truckload, LTL, Logistics, and Intermodal — serving large corporate customers across retail, food and beverage, manufacturing, and other end markets. Knight-Swift has grown through a combination of organic expansion and twenty-five acquisitions since 1966.
Read filing description ↓ Collapse description ↑
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, providing multiple full truckload, LTL, intermodal, and other complementary services. Our objective is to operate our business with industry-leading margins, continued organic growth and growth through acquisitions while providing safe, high-quality, cost-effective solutions for our customers. Knight-Swift uses a nationwide network of business units and terminals in the US and Mexico to serve customers throughout North America. In addition to operating one of the country's largest truckload fleets, Knight-Swift also contracts with third-party carriers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors. During 2025, we covered 1.8 billion loaded miles for shippers throughout North America, contributing to consolidated total revenue of $7.5 billion and consolidated operating income of $216.1 million. During 2025, the Truckload segment operated an average of 21,428 tractors (comprised of 19,395 company tractors and 2,033 independent contractor tractors) and 84,851 trailers. Our LTL segment operated an average of 4,164 tractors and 11,057 trailers. Additionally, the Intermodal segment operated an average of 595 tractors and 12,539 intermodal containers. Our four reportable segments are Truckload, LTL, Logistics, and Intermodal.
Primary products
- full truckload
- LTL
- intermodal
- logistics
- brokerage
- dedicated truckload
Business segments
End markets
Geographies
“We believe our diversified mix and scope of full truckload, LTL, logistics and intermodal services, combined with our value-added service offerings, allows us to provide our customers with one source to meet their shipping and logistics needs, and represents a significant advantage over most of our competitors.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Consolidated total revenue increased 0.8% in 2025 versus 2024, driven primarily by LTL segment growth of 20.6% (excluding fuel surcharge), partially offset by a 2.8% decline in Truckload revenue (excluding fuel surcharge and intersegment transactions).
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