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Trucking giant Knight-Swift Transportation to buy U.S. Xpress

Por: Fox Business Business March 22, 2023

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Some smaller trucking companies fear the additional costs for the new environmentally friendly vehicles could push them out of the industry. Knight-Swift Transportation Holdings Inc. trucker U.S. Xpress Enterprises Inc. in a deal valued at about $808 million that will bolster the scale of one of the country’s largest trucking operators. Phoenix-based Knight-Swift said Tuesday it would pay $6.15 a share in cash for U.S. Xpress, more than four... + full article



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