Any inside info on who Knight is merging with?

Discussion in 'Knight' started by truckinusa, Apr 20, 2010.

  1. cuzzin it

    cuzzin it Road Train Member

    2,672
    4,062
    Jan 19, 2008
    Berea, KY
    0
    Kevin Knight did spin off from Swift, not to do it better more like a sitcom such as Happy Days begets Laverne and Shirley.... :biggrin_25518:
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. maxwelltie

    maxwelltie Medium Load Member

    416
    338
    Mar 13, 2010
    Brookings, OR
    0
    It was the other way around. The Aaron family (Stevens Transport) put money into Knight and was seriously considering an offer to buy them, but backed off after due dilgence period.
    Stevens has too much cash for anyone to seriously try a hostile. And the stock is owned by family, for the most part.

    Knight has some liabilities in the closet that keeps chasing off potentials.
    When it happens (if?) it will be with a company that is on the edge and makes a desperation move.

    But then, Knight may just stay independent and keep on haulin'.
     
  4. Professional-Trucker

    Professional-Trucker Heavy Load Member

    820
    215
    Oct 31, 2011
    California
    0
    Why would a debt free company be looking for a merger? Think it's the other way around. Someone wants a peice of some knight action. My boss buys trailers off of knight and says he gets good deals there.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.