Knight Transportation
Encyclopedia
Knight Transportation is a publicly traded Phoenix, Arizona
, based American
truckload motor shipping carrier, founded in 1990 by four cousins:brothers,Randy and Gary Knight and brothers Kevin and Keith Knight.The four cousins worked for Swift Transportation
, also based in Phoenix, and Randy was even a part owner in Swift when Jerry Moyes
bought out his interest. The Moyes family and the Knight family both were raised in Plain City, Utah
before moving to Phoenix in the late 1960s.
to Los Angeles, California
. Starting with just a handful of trucks and one service center in Phoenix, Arizona, they now run a fleet of over 3,400 tractors and more than 8,700 trailers (dry, refrigerated, and brokerage). Revenues have grown from over 13 million in 1991 to over $550 million in 2006, with operating ratios at or near 80% year after year. They have grown from a few associates to more than 4,000, and from a family-owned business to a publicly held company trading on the New York Stock Exchange
(KNX) in 1994. Knight engages in the transportation of general commodities in the United States. It provides asset-based dry van truckload and temperature controlled truckload carrier services primarily to short to medium lengths of haul. The company also offers non-asset-based brokerage services. As of September 24, 2007 the company operates 27 regional dry van service centers, 6 regional temperature controlled service centers, 12 brokerage service centers, and 13 truck and trailer sales locations.
Phoenix, Arizona
Phoenix is the capital, and largest city, of the U.S. state of Arizona, as well as the sixth most populated city in the United States. Phoenix is home to 1,445,632 people according to the official 2010 U.S. Census Bureau data...
, based American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
truckload motor shipping carrier, founded in 1990 by four cousins:brothers,Randy and Gary Knight and brothers Kevin and Keith Knight.The four cousins worked for Swift Transportation
Swift Transportation
Swift Transportation is a Phoenix, Arizona based publicly held American truckload motor shipping carrier, the largest in the United States with over 16,000 trucks.-About:...
, also based in Phoenix, and Randy was even a part owner in Swift when Jerry Moyes
Jerry Moyes
Jerry Moyes is the founder, chairman and CEO of Phoenix-based Swift Transportation, one of the largest trucking companies in the nation. Moyes is also owner of charter airline Swift Air. He was a majority owner of the Phoenix Coyotes of the National Hockey League before the Coyotes filed...
bought out his interest. The Moyes family and the Knight family both were raised in Plain City, Utah
Plain City, Utah
Plain City is a city in Weber County, Utah, United States. The population was 3,489 at the 2000 census. It is part of the Ogden–Clearfield, Utah Metropolitan Statistical Area.-History:...
before moving to Phoenix in the late 1960s.
About
They began transporting general commodities from Phoenix, ArizonaPhoenix, Arizona
Phoenix is the capital, and largest city, of the U.S. state of Arizona, as well as the sixth most populated city in the United States. Phoenix is home to 1,445,632 people according to the official 2010 U.S. Census Bureau data...
to Los Angeles, California
Los Angeles, California
Los Angeles , with a population at the 2010 United States Census of 3,792,621, is the most populous city in California, USA and the second most populous in the United States, after New York City. It has an area of , and is located in Southern California...
. Starting with just a handful of trucks and one service center in Phoenix, Arizona, they now run a fleet of over 3,400 tractors and more than 8,700 trailers (dry, refrigerated, and brokerage). Revenues have grown from over 13 million in 1991 to over $550 million in 2006, with operating ratios at or near 80% year after year. They have grown from a few associates to more than 4,000, and from a family-owned business to a publicly held company trading on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
(KNX) in 1994. Knight engages in the transportation of general commodities in the United States. It provides asset-based dry van truckload and temperature controlled truckload carrier services primarily to short to medium lengths of haul. The company also offers non-asset-based brokerage services. As of September 24, 2007 the company operates 27 regional dry van service centers, 6 regional temperature controlled service centers, 12 brokerage service centers, and 13 truck and trailer sales locations.