Knight Transportation now listed on NYSE

March 1, 2005
Knight Transportation Inc, whose operations include refrigerated transportation services, announced that its common stock is now listed on the New York

Knight Transportation Inc, whose operations include refrigerated transportation services, announced that its common stock is now listed on the New York Stock Exchange (NYSE). The company's shares are trading under the symbol “KNX.”

Kevin P Knight, chairman and chief executive officer of Knight Transportation, said, “We have been very pleased with the growth and development of Knight Transportation from a single operations center in Phoenix AZ to 17 operations centers throughout the country. In the 10 years from the year of our initial public offering, 1994, through 2003, our revenue before fuel surcharges grew from $37.5 million to $326.9 million, a compounded annual growth rate of over 27%. During the same period, our earnings grew from $4.1 million to $35.5 million, also a compounded annual growth rate of over 27%. During our 10 years as a public company, we were one of only two companies to be named to Forbes Magazine's list of the 200 best small companies in America for all 10 years.”

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...