Tag: Merger

Knight and Swift Merger

Trucking companies Knight Transportation and Swift transportation agreed to merge into one company. It’s an all stock deal and creates a behemoth of a trucking company. Forbes reported the combined enterprise value of a whopping $6 billion dollars. The new name will be Knight-Swift. The new organization will have about 70 terminals, 23,000 power units, and 28,000 employees. Now that… Read more »