WebMar 21, 2024 · Knight-Swift Transportation Holdings Inc. today announced it will acquire U.S. Xpress for about $808 million in one of the largest trucking industry acquisitions in recent years. The deal is expected to close late in the second quarter or early third quarter, subject to customary closing conditions, according to a statement from the two companies. WebMar 21, 2024 · Knight-Swift Transportation Holdings Inc. is buying rival trucker U.S. Xpress Enterprises Inc. in a deal valued at about $808 million that will bolster the scale of one of …
Knight-Swift Transportation Agrees to Acquire U.S. Xpress …
WebMar 21, 2024 · Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift") and U.S. Xpress Enterprises, Inc. (NYSE: USX) ("U.S. Xpress") today announced an agreement under which Knight-Swift will acquire U.S. Xpress for a total enterprise value of … WebMar 23, 2024 · Savell’s assurances came after Knight-Swift unveiled a plan on Tuesday to acquire U.S. Xpress for approximately $808 million . “They have a long history of retaining separate brands with some names like Swift Transportation, Barr-Nunn, Abilene, and AAA Cooper,” Savell said. “We’ll be joining that group of brands as a separate operating … buddy crosby
Knight-Swift (KNX) to Acquire U.S. Xpress for $808 Million - Yahoo …
WebMar 21, 2024 · Knight-Swift Transportation ( NYSE: KNX) struck a deal on Tuesday to acquire U.S. Xpress ( NYSE: USX) for a total enterprise value of approximately $808M, excluding transaction costs. The... WebMar 21, 2024 · Knight-Swift is assuming $484 million of U.S. Xpress' outstanding debt and finance leases as well as the company's equity of $324 million in the transaction. U.S. … WebMar 21, 2024 · One of the largest asset-based truckload fleets in North America, Knight-Swift Transportation, announced plans to acquire U.S. Xpress for approximately $808 million. The acquisition is expected to be complete late in the second quarter or early third quarter of 2024. Knight-Swift’s acqusition of U.S. Xpress is expected to add: … crews tree service