Knight Transportation Inc Stock News

A settlement in a long-standing case between a group of drivers and Swift Transportation, filed almost a dozen years ago, is getting sent back to the federal court that first approved the agreement in

As part of its collaboration with Embark, Knight-Swift (KNX), for the first time, will own, maintain and deploy an autonomous truck with its driver behind the wheel.

Knight-Swift's (KNX) consistent measures to reward its shareholders can be attributed to its strong free cash flow generation capacity.

Fear and uncertainty are moving the markets lower and investors have been rotating into defensive stocks. Investors want to limit their downside.

Knight-Swift Transportation Holdings Inc. said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company''s new dividend will be payable March 28 to shareholders of record on March 4. Based on Thursday''s stock closing price of $56.74, the new annual dividend rate implies a dividend yield of 0.85%, which compares with the implied yield for the S&P 500 of 1.40%. Knight-Swift''s stock, which was still inactive in premarket trading, has slipped 4.0% over the past three months, while the Dow Jones Transportation Average has declined 7.6% and the S&P 500 has eased 4.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Knight-Swift Transportation (NYSE:KNX) declares $0.12/share quarterly dividend, 20% increase from prior dividend of $0.10.Forward yield 0.85%Payable March 28; for shareholders of record

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) declared a quarterly cash dividend of $0.12 per share of common stock, up $0.02 from the prior quarterly dividend of $0.10 per share. The div

Knight-Swift Transportation Holdings Inc. KNX, -1.13% said Friday it raised its quarterly dividend by 20%, to 12 cents a share from 10 cents. The freight transportation company's new dividend will be

Knight-Swift Transportation (NYSE: KNX) delivered a very strong report and we are not surprised. Not only is the industry supported by strong tailwinds but the company is working on growth and its com

Truckers Using Cocaine More Than Marijuana, Study Finds By John Gallagher of Freight Waves, A new study reveals that the U.S. Department of Transportation may be underreporting cocaine abuse by truck drivers, a finding that could put more pressure on federal regulators to allow hair testing as an alternative to urine testing for preemployment drug screening by trucking companies. Hair testing study shows underreporting of hard drugs Because the Federal Motor Carrier Safety Administrations Drug & Alcohol Clearinghouse does not allow hair test results to be included in the database, DOT is seriously underreporting the actual use of harder drugs by truck drivers, such as cocaine and illegal opioids, said Doug Voss, a professor of logistics and supply chain management at the University of Central Arkansas (UCA). Our analysis clearly concludes that hair testing identifies these harder drugs at higher percentages than the single urine testing method relied on by the federal government. Since FMCSA began publishing clearinghouse data in 2020, marijuana has far outranked other illegal drugs in positive test results, with cocaine and methamphetamines coming in a distant second and third, respectively.

Knight-Swift Transportation has seen a very strong 2021. Cash flow generation has been used to pursue some deals, as leverage is still very much under control.

Knight-Swift Transportation Holdings Inc - Class A (KNX) shares closed today at 1.7% below its 52 week high of $62.29, giving the company a market cap of $10B. The stock is currently up 0.4% year-to-date, up 50.8% over the past 12 months, and up 77.6% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 12.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Industrials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -86.6% The company's stock price performance over the past 12 months lags the peer average by -35.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 11.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

The trucking company that is quickly breaking into LTL is one to watch in 2022.