Knight just bought Abilene Motor Express, the company I drive for. And I have one question...

Discussion in 'Truckers News' started by ExtremeUnction, Mar 16, 2018.

  1. ExtremeUnction

    ExtremeUnction Road Train Member

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  2. Grubby

    Grubby Road Train Member

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    Lol Sword fights at 5oclock!
     
  3. MagnumaMoose

    MagnumaMoose Lost or Missing

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    You cant be serious. Was the news sent out on a Qualcomm ? How did they inform you ?
     
    Last edited: Mar 16, 2018
    Grubby and wore out Thank this.
  4. Aamcotrans

    Aamcotrans Road Train Member

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  5. Western flyer

    Western flyer Road Train Member

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    You can be proud to say you work for swift,
    While yucking it up at the iron skillet. Lol
     
    Grubby and Aamcotrans Thank this.
  6. Chinatown

    Chinatown Road Train Member

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    No more 72 mph Abilene trucks. Hair follicle drug test is next.
     
  7. MagnumaMoose

    MagnumaMoose Lost or Missing

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    I wonder what @JohnBoy is thinking.
     
  8. Aamcotrans

    Aamcotrans Road Train Member

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    Bye APU’s...
     
  9. JohnBoy

    JohnBoy Road Train Member

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    I’m thinking how happy I am that I’ve contributed every year for the last 39 years into a retirement account I started back in 1979.
     
  10. Chinatown

    Chinatown Road Train Member

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    Knight-Swift buys Abilene Motor Express, adding ~$100M in annual revenue
    Mar. 16, 2018 6:05 PM ET|About: Knight-Swift Transportation... (KNX)|By: Carl Surran, SA News Editor
    Knight-Swift Transportation (NYSE:KNX) says it has agreed to acquire Virginia-based Abilene Motor Express for an undisclosed sum, its first deal since the completion of Knight's merger with Swift last September.
    Abilene brings KNX a business that includes 400 trucks, an estimated $100M in annual revenue and an operating ratio "in the low 90s," according to an SEC filing.
    Analysts at KeyBanc say the buy should add an estimated $0.02-$0.03/share to KNX earnings and signals that the company potentially is in the market “for additional tuck-in acquisitions."