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Knight-Swift Transporation

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uuid0008tdl

Namestring
Knight-Swift Transporation
Legal namestring
Knight-Swift Transportation Holdings Inc.
Company typeenum
Public
Founded yearint
1990
Descriptiontext

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) is the largest full truckload carrier in North America, formed from the 2017 merger of Knight Transportation and Swift Transportation and headquartered in Phoenix, Arizona. The company operates approximately 19,000 tractors and 58,000 trailers with 24,000 employees, providing full truckload, less-than-truckload (LTL), logistics, and intermodal freight services throughout the United States, Mexico, and Canada. Its LTL segment was built through the acquisitions of AAA Cooper Transportation, Midwest Motor Express, and Dependable Highway Express — consolidated under the unified ACT brand to form a network of 173 locations across 35 states covering approximately 70% of the U.S. population. Other acquired entities include U.S. Xpress (truckload) and UTXL (third-party logistics).

Knight-Swift runs a transaction-based, asset-heavy revenue model: it charges per-load trucking rates through long-term enterprise contracts, multi-year bid cycles, and brokerage transactions, and is presently targeting high single- to low double-digit contract rate increases on its truckload book. The company has invested in proprietary AI-driven fleet operations, deploying over 100 AI projects covering predictive maintenance (preventing up to 15 breakdowns per month with failures flagged 2–3 weeks in advance) and AI-chatbot-based driver applicant screening (processing 1,500 weekly leads). The customer base spans industrial, manufacturing, retail, and cross-border shippers, served through direct enterprise field sales rather than digital channels.

The company is currently led by CEO Adam Miller (in role since 2024), with David Vander Ploeg succeeding co-founder Kevin P. Knight as Chairman in June 2026. In May 2026, Knight-Swift raised $1.3 billion of 1.00% convertible senior notes due 2031 to refinance term loans and revolver capacity, and earlier in the year sold its FleetAero assets to TRANSTEX as part of a long-term fleet-efficiency partnership. The company has paid a quarterly dividend for 23 consecutive years, most recently at $0.20 per share.

Short descriptiontext

Knight-Swift Transportation Holdings (NYSE: KNX) is North America's largest full truckload carrier, operating approximately 19,000 tractors and 58,000 trailers to provide truckload, LTL, logistics, and intermodal services to industrial, manufacturing, and cross-border shippers across the US, Mexico, and Canada.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersPhoenix, United States
HQ citystring
Phoenix
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
truckload freight services, less-than-truckload shipping, intermodal transportation services, logistics brokerage services, cross-border freight shipping
Industry2 codes
1Dry Van (General Freight) TL Carriers
CodeTLADADAAPrimaryYes
2Interregional/Long-Haul LTL Network Carriers
CodeTLADAEACPrimaryNo
NAICS code3 codes
  • General Freight Trucking, Long-Distance48412
  • General Freight Trucking, Long-Distance, Truckload484121
  • Support Activities for Transportation488
SIC code3 codes
  • Trucking (No Local)4213
  • Trucking & Courier Services (No Air)4210
  • Arrangement Of Transportation Of Freight & Cargo4731
Product category
Truckload Freight Transportation
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Truckload Services
TypeTransaction Fee
Description

Full truckload transportation services operating with approximately 19,000 tractors and 58,000 trailers across North America. Primary revenue driver with historical segment revenue of approximately $1.07 billion quarterly.

knight-swift.com
2Less-Than-Truckload (LTL)
TypeTransaction Fee
Description

LTL services through AAA Cooper division following consolidation of acquired LTL carriers (AAA Cooper Transportation, Midwest Motor Express, Dependable Highway Express). Network expanded to 173 locations across 35 states with approximately 70% U.S. population coverage.

truckingdive.com
3Logistics Services
TypeTransaction Fee
Description

Third-party logistics and brokerage services including the operations of acquired UTXL company, providing customer base expansion across US, Canada, and Mexico.

tradingview.com
4Intermodal Services
TypeTransaction Fee
Description

Intermodal transportation services as part of diversified logistics platform.

tradingview.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Infrastructure, Technology or R&D
Pricing details1 tier
1Contract trucking rates
ModelTransaction based/ take rateBilling cadenceMulti-year contract
Notes

Company targets high single to low double-digit percentage rate increases on truckload contract book. Mid-single-digit contractual rate increases captured to start 2026 year.

finance.yahoo.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Knight-Swift operates North America's largest full truckload carrier fleet with approximately 19,000 tractors, 58,000 trailers, and 24,000 employees, providing full truckload, less-than-truckload (LTL), third-party logistics, and intermodal freight transportation services. The company serves customers across a broad range of industries throughout the United States, Mexico, and Canada, with cross-border capabilities and an LTL network spanning 173+ terminals covering approximately 70% of the U.S. population.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 9% reduction in CO2 emissions per mile since 2019
+3 more records
Product overview1 text field

Knight-Swift Transportation Holdings Inc. operates as a diversified freight transportation company providing truckload, less-than-truckload (LTL), logistics, and intermodal services throughout the US, Mexico, and Canada. The company operates one of North America's largest truckload fleets with approximately 19,000 tractors, 58,000 trailers, and 24,000 employees. Its LTL services have been built through strategic acquisitions (AAA Cooper Transportation, Midwest Motor Express, Dependable Highway Express, U.S. Xpress) and consolidated under the unified ACT brand platform covering 173+ locations in 35 states. The company has deployed over 100 AI projects across fleet maintenance and driver operations for predictive maintenance and automated screening.

Product and service1 record
1Truckload Services
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-16
Description

Knight-Swift sold its FleetAero assets to TRANSTEX and entered into a long-term partnership focused on fleet efficiency and environmental benefits. The partnership aims to improve fuel efficiency and reduce emissions in heavy-duty trucking with TRANSTEX's aerodynamic technology. The agreement includes technology validation, fleet performance advancement, and innovation aligned with fuel-efficiency and emissions-reduction objectives. TRANSTEX's expanded aerodynamic technology platform integrates FleetAero's capabilities with existing trailer aerodynamics, electric Auxiliary Power Units, and advanced thermoplastic composites.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Major publicly traded truckload and intermodal carrier with overlapping TL, intermodal, and logistics offerings. Comparable North American enterprise customer base and similar exposure to freight cycle dynamics.

TypeDirect peer
Description

Public truckload carrier with dedicated, logistics (Werner Logistics), and recently expanded LTL offerings. Closely comparable business model and customer segments as Knight-Swift's TL business.

TypeDirect peer
Description

Asset-light brokerage spin-off from XPO competing with Knight-Swift's logistics/brokerage segment (including UTXL) for third-party freight capacity.

TypeDirect peer
Description

LTL carrier with rapid network expansion across the US; competes for the same regional and interregional LTL shipper base that Knight-Swift's ACT platform targets.

TypeDirect peer
Description

Direct competitor across truckload, LTL (via acquired BNSF Logistics), intermodal, and dedicated contract services. Similar diversified multi-modal strategy and enterprise customer base makes J.B. Hunt the most directly comparable peer.

TypeDirect peer
Description

Largest pure-play LTL carrier in the US; the gold-standard benchmark against which Knight-Swift's ACT LTL platform will be measured as it scales toward national coverage.

TypeDirect peer
Description

Pure-play LTL carrier (post-RXO spin-off) competing directly with the ACT LTL platform in the national LTL market with comparable terminal-density strategy.

TypeDirect peer
Description

Multi-modal provider combining LTL (ABF Freight) with asset-light logistics; comparable to Knight-Swift's diversified TL/LTL/logistics platform structure.

TypeBroad incumbent
Description

Established public truckload carrier competing in irregular route and dry van TL; a broader incumbent in the same TL market Knight-Swift dominates.

TypeDirect peer
Description

Intermodal and logistics provider overlapping with Knight-Swift's intermodal and logistics segments; similar enterprise shipper base and North American footprint.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Knight-Swift Transporation

Truckload Freight Transportationknight-swift.com

Knight-Swift Transportation Holdings (NYSE: KNX) is North America's largest full truckload carrier, operating approximately 19,000 tractors and 58,000 trailers to provide truckload, LTL, logistics, and intermodal services to industrial, manufacturing, and cross-border shippers across the US, Mexico, and Canada.

What Knight-Swift Transporation does

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) is the largest full truckload carrier in North America, formed from the 2017 merger of Knight Transportation and Swift Transportation and headquartered in Phoenix, Arizona. The company operates approximately 19,000 tractors and 58,000 trailers with 24,000 employees, providing full truckload, less-than-truckload (LTL), logistics, and intermodal freight services throughout the United States, Mexico, and Canada. Its LTL segment was built through the acquisitions of AAA Cooper Transportation, Midwest Motor Express, and Dependable Highway Express — consolidated under the unified ACT brand to form a network of 173 locations across 35 states covering approximately 70% of the U.S. population. Other acquired entities include U.S. Xpress (truckload) and UTXL (third-party logistics).

Knight-Swift runs a transaction-based, asset-heavy revenue model: it charges per-load trucking rates through long-term enterprise contracts, multi-year bid cycles, and brokerage transactions, and is presently targeting high single- to low double-digit contract rate increases on its truckload book. The company has invested in proprietary AI-driven fleet operations, deploying over 100 AI projects covering predictive maintenance (preventing up to 15 breakdowns per month with failures flagged 2–3 weeks in advance) and AI-chatbot-based driver applicant screening (processing 1,500 weekly leads). The customer base spans industrial, manufacturing, retail, and cross-border shippers, served through direct enterprise field sales rather than digital channels.

The company is currently led by CEO Adam Miller (in role since 2024), with David Vander Ploeg succeeding co-founder Kevin P. Knight as Chairman in June 2026. In May 2026, Knight-Swift raised $1.3 billion of 1.00% convertible senior notes due 2031 to refinance term loans and revolver capacity, and earlier in the year sold its FleetAero assets to TRANSTEX as part of a long-term fleet-efficiency partnership. The company has paid a quarterly dividend for 23 consecutive years, most recently at $0.20 per share.

Knight-Swift Transporation firmographics

Firmographics
Name
Knight-Swift Transporation
Legal name
Knight-Swift Transportation Holdings Inc.
Website
https://knight-swift.com
Company type
Public
Founded year
1990
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Knight-Swift Transportation Holdings (NYSE: KNX) is North America's largest full truckload carrier, operating approximately 19,000 tractors and 58,000 trailers to provide truckload, LTL, logistics, and intermodal services to industrial, manufacturing, and cross-border shippers across the US, Mexico, and Canada.
Ownership category
akta.pro rank

Knight-Swift Transporation industry classification

Industry
Product category
Truckload Freight Transportation
NAICS
General Freight Trucking, Long-Distance (48412), General Freight Trucking, Long-Distance, Truckload (484121), Support Activities for Transportation (488)
SIC
Trucking (No Local) (4213), Trucking & Courier Services (No Air) (4210), Arrangement Of Transportation Of Freight & Cargo (4731)
akta.pro primary industry
Dry Van (General Freight) TL Carriers (TLADADAA)
akta.pro secondary industry
Interregional/Long-Haul LTL Network Carriers (TLADAEAC)

Keywords

  • Truckload freight services
  • Less-than-truckload shipping
  • Intermodal transportation services
  • Logistics brokerage services
  • Cross-border freight shipping

Where Knight-Swift Transporation is headquartered

Location

Headquarters

HQ city
Phoenix
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Knight-Swift Transporation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

  1. Truckload Services: Full truckload transportation services operating with approximately 19,000 tractors and 58,000 trailers across North America. Primary revenue driver with historical segment revenue of approximately $1.07 billion quarterly.
  2. Less-Than-Truckload (LTL): LTL services through AAA Cooper division following consolidation of acquired LTL carriers (AAA Cooper Transportation, Midwest Motor Express, Dependable Highway Express). Network expanded to 173 locations across 35 states with approximately 70% U.S. population coverage.
  3. Logistics Services: Third-party logistics and brokerage services including the operations of acquired UTXL company, providing customer base expansion across US, Canada, and Mexico.
  4. Intermodal Services: Intermodal transportation services as part of diversified logistics platform.

Pricing tiers

ModelBillingPrice
Transaction based/ take rateMulti-year contractContract trucking rates

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Knight-Swift Transporation product offering

Product offering

Core offering

Knight-Swift operates North America's largest full truckload carrier fleet with approximately 19,000 tractors, 58,000 trailers, and 24,000 employees, providing full truckload, less-than-truckload (LTL), third-party logistics, and intermodal freight transportation services. The company serves customers across a broad range of industries throughout the United States, Mexico, and Canada, with cross-border capabilities and an LTL network spanning 173+ terminals covering approximately 70% of the U.S. population.

Product overview

Knight-Swift Transportation Holdings Inc. operates as a diversified freight transportation company providing truckload, less-than-truckload (LTL), logistics, and intermodal services throughout the US, Mexico, and Canada. The company operates one of North America's largest truckload fleets with approximately 19,000 tractors, 58,000 trailers, and 24,000 employees. Its LTL services have been built through strategic acquisitions (AAA Cooper Transportation, Midwest Motor Express, Dependable Highway Express, U.S. Xpress) and consolidated under the unified ACT brand platform covering 173+ locations in 35 states. The company has deployed over 100 AI projects across fleet maintenance and driver operations for predictive maintenance and automated screening.

Differentiator

Problem solved

Functional benefit

Products and services

  • Truckload Services

Quantifiable outcome

  • 9% reduction in CO2 emissions per mile since 2019
  • +3 more outcomes

Companies that use Knight-Swift Transporation

Customer profile

Segments3 records

Ideal customer profiles3 records

Knight-Swift Transporation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Knight-Swift Transporation partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • TRANSTEXcoreStrategic or Co-development Partner · 16 March 2026Knight-Swift sold its FleetAero assets to TRANSTEX and entered into a long-term partnership focused on fleet efficiency and environmental benefits. The partnership aims to improve fuel efficiency and reduce emissions in heavy-duty trucking with TRANSTEX's aerodynamic technology. The agreement includes technology validation, fleet performance advancement, and innovation aligned with fuel-efficiency and emissions-reduction objectives. TRANSTEX's expanded aerodynamic technology platform integrates FleetAero's capabilities with existing trailer aerodynamics, electric Auxiliary Power Units, and advanced thermoplastic composites.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Knight-Swift Transporation competitors and assessment

Company assessment

Direct peers

  • Schneider National: Major publicly traded truckload and intermodal carrier with overlapping TL, intermodal, and logistics offerings. Comparable North American enterprise customer base and similar exposure to freight cycle dynamics.
  • Werner Enterprises: Public truckload carrier with dedicated, logistics (Werner Logistics), and recently expanded LTL offerings. Closely comparable business model and customer segments as Knight-Swift's TL business.
  • RXO Inc. Asset-light brokerage spin-off from XPO competing with Knight-Swift's logistics/brokerage segment (including UTXL) for third-party freight capacity.
  • Saia Inc. LTL carrier with rapid network expansion across the US; competes for the same regional and interregional LTL shipper base that Knight-Swift's ACT platform targets.
  • J.B. Hunt Transport Services: Direct competitor across truckload, LTL (via acquired BNSF Logistics), intermodal, and dedicated contract services. Similar diversified multi-modal strategy and enterprise customer base makes J.B. Hunt the most directly comparable peer.
  • Old Dominion Freight Line: Largest pure-play LTL carrier in the US; the gold-standard benchmark against which Knight-Swift's ACT LTL platform will be measured as it scales toward national coverage.
  • XPO Inc. Pure-play LTL carrier (post-RXO spin-off) competing directly with the ACT LTL platform in the national LTL market with comparable terminal-density strategy.
  • ArcBest Corporation: Multi-modal provider combining LTL (ABF Freight) with asset-light logistics; comparable to Knight-Swift's diversified TL/LTL/logistics platform structure.
  • Hub Group: Intermodal and logistics provider overlapping with Knight-Swift's intermodal and logistics segments; similar enterprise shipper base and North American footprint.

Broad incumbents

  • Heartland Express: Established public truckload carrier competing in irregular route and dry van TL; a broader incumbent in the same TL market Knight-Swift dominates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Knight-Swift Transporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Knight-Swift Transporation leadership team

Management profile

Number of profiles

Profiles5 records

Knight-Swift Transporation subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

Knight-Swift Transporation funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Knight-Swift Transporation M&A and investment

M&A and investment

M&A6 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Knight-Swift Transporation

What does Knight-Swift Transporation do?

Knight-Swift operates North America's largest full truckload carrier fleet with approximately 19,000 tractors, 58,000 trailers, and 24,000 employees, providing full truckload, less-than-truckload (LTL), third-party logistics, and intermodal freight transportation services. The company serves customers across a broad range of industries throughout the United States, Mexico, and Canada, with cross-border capabilities and an LTL network spanning 173+ terminals covering approximately 70% of the U.S. population.

Is Knight-Swift Transporation a public or private company?

Knight-Swift Transporation is a public company. It is classified as public and is currently operating.

When was Knight-Swift Transporation founded?

Knight-Swift Transporation was founded in 1990. It employs 5,001 to 10,000 people.

Where is Knight-Swift Transporation based?

Knight-Swift Transporation is headquartered in Phoenix, United States, in the North America region.

How does Knight-Swift Transporation make money?

Four revenue lines are on record. Truckload Services are the primary driver. The others are less-Than-Truckload (LTL), logistics Services and intermodal Services.

Who are Knight-Swift Transporation's main competitors?

Direct peers on record are Schneider National, Werner Enterprises, RXO Inc., Saia Inc., J.B. Hunt Transport Services, Old Dominion Freight Line, XPO Inc., ArcBest Corporation and Hub Group. Heartland Express is listed as a broad incumbent.

Does Knight-Swift Transporation have an API?

No public API is recorded for Knight-Swift Transporation.

What industry is Knight-Swift Transporation in?

Knight-Swift Transporation's product category is Truckload Freight Transportation. Its primary akta.pro industry code is TLADADAA, Dry Van (General Freight) TL Carriers, with a secondary code of TLADAEAC, Interregional/Long-Haul LTL Network Carriers. Its NAICS code is 48412 and its SIC code is 4213.

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Live signals
American Banking and Market NewsKnight-Swift Transportation (NYSE:KNX) Stock Gets Price Target Bump from Stifel NicolausStifel Nicolaus raised Knight-Swift Transportation's price target to $90 from $88, keeping a buy rating. The stock opened at $64.50, and the company reported Q2 EPS of $0.63, beating estimates. Q3 2026 guidance is set at $0.71-$0.77 EPS.Ticker ReportWells Fargo & Company Cuts Knight-Swift Transportation (NYSE:KNX) Price Target to $81.00Wells Fargo cut Knight-Swift Transportation's price target to $81 from $86, keeping an overweight rating. The stock opened at $65.16, with a consensus target of $83.50 and a Moderate Buy rating. The company reported Q2 EPS of $0.63, beating estimates, and set Q3 2026 guidance of $0.71-$0.77.Markets DailyKnight-Swift Transportation (KNX) – Research Analysts’ Recent Ratings UpdatesKnight-Swift Transportation received multiple analyst price target cuts and ratings updates in late 2026, with Citigroup, Wells Fargo, JPMorgan, and others lowering targets. The company declared a $0.20 quarterly dividend paid on September 21st, and insiders sold 224,954 shares worth $16.18 million in three months.American Banking and Market NewsKnight-Swift Transportation (KNX) – Research Analysts’ Recent Ratings UpdatesKnight-Swift Transportation received multiple analyst price target cuts and rating changes in late 2026, with Citigroup, Wells Fargo, JPMorgan, and others lowering targets. The company declared a $0.20 quarterly dividend paid on September 21st, and insiders sold 224,954 shares worth $16.18 million in three months.MarketBeatKnight-Swift Transportation (NYSE:KNX) Stock Gets Price Target Boost from Stifel NicolausStifel Nicolaus raised its price target on Knight-Swift Transportation from $88 to $90, keeping a buy rating. The stock traded up $0.87 to $64.49 on Thursday, with a consensus rating of Moderate Buy and a consensus target of $83.50. The company reported Q2 EPS of $0.63, beating estimates.Ticker ReportJPMorgan Chase & Co. Issues Pessimistic Forecast for Knight-Swift Transportation (NYSE:KNX) Stock PriceJPMorgan Chase cut its price target on Knight-Swift Transportation from $84 to $68, keeping a neutral rating. The company reported Q2 EPS of $0.63, beating estimates, with revenue up 12.6% year-over-year. Insiders sold 224,954 shares over three months.MarketBeatCitigroup Has Lowered Expectations for Knight-Swift Transportation (NYSE:KNX) Stock PriceCitigroup lowered its price target for Knight-Swift Transportation from $90 to $81, keeping a buy rating. The stock traded at $63.49, with a consensus rating of Moderate Buy and an average target of $83.39. Analysts forecast 2.49 EPS for the current year.American Banking and Market NewsWells Fargo & Company Issues Pessimistic Forecast for Knight-Swift Transportation (NYSE:KNX) Stock PriceWells Fargo lowered its Knight-Swift Transportation target price to $81 from $86, keeping an overweight rating. The stock opened at $65.03, and the company reported Q2 EPS of $0.63, beating estimates. Analysts have a consensus "Moderate Buy" rating with a $83.89 target.MarketBeatWells Fargo & Company Cuts Knight-Swift Transportation (NYSE:KNX) Price Target to $81.00Wells Fargo cut Knight-Swift Transportation's price target to $81 from $86, keeping an overweight rating. The stock opened at $65.03, with an average analyst price target of $83.89. CEO Reid Dove sold 126,864 shares in August.American Banking and Market NewsKnight-Swift Transportation (NYSE:KNX) Stock Price Target Cut by JPMorgan Chase & Co.JPMorgan Chase cut Knight-Swift Transportation's price target to $68 from $84, keeping a neutral rating. The company reported Q2 EPS of $0.63, beating estimates, with revenue up 12.6% year-over-year. Insiders sold shares, and the stock closed at $65.80.