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Knight-Swift Transportation Closes Acquisition Of U.S. Xpress Enterprises And Provides Update On Market Conditions

PUBLIC · KNXJul 05, 2023

Acquiring Company

Knight-Swift Transportation Holdings

Acquired Company

U.S. Xpress

PhoenixOil And GasTransportationLogisticsFleet ManagementTransportationAutomotive

Description

Effective July 1, 2023, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or the “Company”) closed on the previously-announced acquisition of U.S. Xpress Enterprises, Inc. ("U.S. Xpress") following the approval by U.S. Xpress’ shareholders on June 29, 2023. Upon completion of the transaction, U.S. Xpress was de-listed from the New York Stock Exchange.

Quick answer

Knight-Swift Transportation Holdings is acquiring U.S. Xpress, announced July 5, 2023. Knight-Swift Transportation Holdings is based in Phoenix, Arizona, United States.

How much did Knight-Swift Transportation Holdings pay for U.S. Xpress?
The deal value was not disclosed.
What does Knight-Swift Transportation Holdings do?
Knight-Swift Transportation Holdings Inc. is a transportation company providing truckload and logistics services.
Where are Knight-Swift Transportation Holdings and U.S. Xpress based?
Knight-Swift Transportation Holdings is based in Phoenix, Arizona, United States.

Source: Fundz verified event record.

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Company Information

Company

Knight-Swift Transportation Holdings

Location

2200 South 75th Avenue

Phoenix, Arizona, United States

About

Knight-Swift Transportation Holdings Inc. is a transportation company providing truckload and logistics services. The company operates through multiple segments in North America.

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Frequently asked

Who acquired U.S. Xpress?

U.S. Xpress was acquired by Knight-Swift Transportation Holdings, based in Phoenix. The deal was reported on July 5, 2023. Knight-Swift Transportation Holdings Inc. is a transportation company providing truckload and logistics services. The company operates through multiple segments in North America. Knight-Swift Transportation Holdings is publicly traded (KNX) and operates in Oil And Gas.

When did Knight-Swift Transportation Holdings acquire U.S. Xpress?

Knight-Swift Transportation Holdings's acquisition of U.S. Xpress was reported on July 5, 2023. Effective July 1, 2023, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or the “Company”) closed on the previously-announced acquisition of U.S. Xpress Enterprises, Inc. ("U.S. Xpress") following the approval by U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does U.S. Xpress do?

U.S. It is privately held, operating in Transportation.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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