Knight's revenue growth continues

July 22, 2003
Knight Transportation Inc. said that its second-quarter revenue before fuel surcharges increased 19.7% to $81,790,000 from the same quarter of 2002. For the first six months of the year, Knight's revenue before fuel surcharges increased 19.3% to $155,341,000 compared to the first half of 2002. "During the quarter we benefited from an improvement in revenue per mile as compared to the same period last
Knight Transportation Inc. said that its second-quarter revenue before fuel surcharges increased 19.7% to $81,790,000 from the same quarter of 2002.

For the first six months of the year, Knight's revenue before fuel surcharges increased 19.3% to $155,341,000 compared to the first half of 2002.

"During the quarter we benefited from an improvement in revenue per mile as compared to the same period last year," said chairman & CEO Kevin P. Knight. "In addition we continued to emphasize disciplined cost management."

The carrier's net income increased 33.5% to $8,950,000 for the quarter and 30.7% to $16,027,000 over the first six months.

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