Knight Transportation traded at $69.06 this Friday May 15th, increasing $1.03 or 1.51 percent since the previous trading session. Looking back, over the last four weeks, Knight Transportation gained 7.35 percent. Over the last 12 months, its price rose by 51.28 percent. Looking ahead, we forecast Knight Transportation to be priced at 67.67 by the end of this quarter and at 63.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Knight-Swift Transportation Holdings Inc. is a carrier and provider of transportation solutions in North America. The Company provides multiple truckload transportation, intermodal and logistics services. In addition to its truckload services, the Company also contracts with third-party capacity providers to provide a range of shipping solutions to its customers. It operates under three segments, namely Trucking, Logistics and Intermodal. Its trucking services include dry van, refrigerated, and drayage, which also include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border transportation of various products, goods and materials. Its logistics and intermodal services include brokerage, intermodal, and certain logistics, freight management and non-trucking services. The Company operates approximately 18,129 tractors and 60,382 trailers within the Trucking segment. It also operates approximately 605 tractors and 10,844 containers in the Intermodal segment.