Knight Transportation Inc. reported that its revenue and net income for the third-quarter and the first nine months of 2003 were higher than they were for the same periods last year. 3Q revenue before fuel surcharges increased 16% to $84,445,000 and net income increased 27.2% to $9,463,000. For the nine months, revenue before fuel surcharge increased 18.1% to $239,786,000 and net income increased
Knight Transportation Inc. reported that its revenue and net income for the third-quarter and the first nine months of 2003 were higher than they were for the same periods last year.
3Q revenue before fuel surcharges increased 16% to $84,445,000 and net income increased 27.2% to $9,463,000. For the nine months, revenue before fuel surcharge increased 18.1% to $239,786,000 and net income increased 29.4% to $25,490,000.
Chairman & CEO Kevin P. Knight said the carrier benefitted from improved revenue per mile for the sixth consecutive quarter. He said that was in part due to opening an operating center in Denver and the company's Phoenix operations being segregated from one center to four.
Knight said the carrier plans to add 75 new units before the end of the year.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
