Knight-Swift Transportation reports revenues of US $ 1,223 million

Knight-Swift Transportation Holdings Inc. reported revenue of $ 1.223 million in the first quarter of 2021, an increase of 8.7% compared to the same period in 2020.

Today considered the largest trucking company in North America, this company posted a net income for the first quarter of 2021 attributable to Knight-Swift of $ 129.8 million.

Additionally, Knight-Swift Transportation is a transportation solutions provider, based in Phoenix, Arizona.

The company offers multiple freight, intermodal and logistics services using a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America.

In addition to its truck loading services, Knight-Swift contracts with third-party capacity providers to provide a wide range of truck loading services to its clients while creating driving jobs for its driving associates and business opportunities for independent contractors.


The company’s consolidated revenue, excluding the truck fuel surcharge, grew 10.3% during the first quarter of 2021, as a result of revenue growth in all its reportable segments.

At the same time, Knight-Swift Transportation generated a consolidated adjusted net income attributable to Knight-Swift of $ 139.4 million, representing an increase of 83.0% year-on-year.

In particular, the trucking segment overcame inclement weather and driver hiring challenges during the quarter and improved average revenue per tractor by 7.7%, resulting in a 470 basis point improvement in the operating ratio adjusted to 81.8 % in the first quarter of 2021 from 86.5% in the first quarter of 2020.

On the other hand, the logistics segment increased revenues by more than 50% and operating revenues more than doubled year over year.

Despite weather and service disruptions during the first quarter of 2021, its Intermodal segment achieved year-over-year improvements in operating results, and we anticipate continued improvement in the coming quarters.


The truck segment includes rough-road, dedicated, refrigerated, accelerated, flatbed and cross-border operations across all of its brands, with 13,130 rough-road tractors and 5,094 dedicated road tractors.

During 2020, Knight-Swift Transportation covered 1.5 billion miles charged for carriers throughout North America, contributing to a consolidated total revenue of $ 4.7 billion and a consolidated operating income of $ 564.4 million.