Knight Transportation
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Knight Transportation, Inc. (NYSE: KNX) was founded in 1990 by 4 cousins, Kevin Knight, Keith Knight, Gary Knight and Randy Knight. They began transporting general commodities from Phoenix, Arizona 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 and Refrigerated). 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). 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, 4 regional temperature controlled service centers, 12 brokerage service centers, and 13 truck and trailer sales locations. Knight Transportation was founded in 1990 and is headquartered in Phoenix, Arizona.
Type: Public
Founded: 1990
Headquarters: Phoenix, AZ
Founders: Kevin Knight, Keith Knight, Gary Knight, and Randy Knight
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