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Swift Transportation Co. And Knight Transportation To Merge Into $5 Billion Trucking Behemoth
Article By:
Lorimer Wilson
Monday, April 10, 2017 2:14 PM EDT
Trucking giants Swift Transportation Co (NYSE:SWFT) and Knight Transportation (NYSE:KNX) have agreed to merge in a deal that will create a $5 billion trucking behemoth.
Knight, Swift Announce All-Stock Transaction With Enterprise Value Of $6B
Article By:
The Fly
Monday, April 10, 2017 11:17 AM EDT
Knight Transportation and Swift Transportation Company announced that their boards of directors have unanimously approved a merger of Knight and Swift in an all-stock transaction that will create the industry's largest full truckload company.