StreetInsider.com News Articles

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Investing.com -- Citi has adopted a more cautious stance on North American trucking stocks, arguing that strong freight fundamentals and rising earnings expectations are already largely reflected in share prices after a sharp rally across the sector in 2026.

The firm downgraded Old Dominion Freight Line to Sell from Neutral and cut ratings on Saia, Knight-Swift Transportation, and CH Robinson Worldwide to Neutral, citing limited additional upside despite improving industry conditions.

The brokerage acknowledged that trucking companies are positioned to deliver strong second-quarter earnings as freight demand improves and spot rates rise. However, Citi believes this bullish outlook is already widely anticipated

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Citi turns cautious on trucking stocks as valuation concerns outweigh earnings ups

Mon, 15 Jun 2026 08:59:08 -0400

Citi Downgrades Knight Transportation (KNX) to Neutral

Mon, 15 Jun 2026 05:27:22 -0400

Citi analyst Ariel Rosa downgraded Knight Transportation (NYSE: KNX) from Buy to Neutral with a price target of $90.00 (from $72.00).

For an analyst ratings summary and ratings history on Knight Transportation click here. For more ratings news on Knight Transportation click here.

Shares of Knight Transportation closed at $81.54 yesterday.

Citi Downgrades Knight Transportation (KNX) to Neutral

Mon, 15 Jun 2026 05:27:22 -0400

Citi analyst Ariel Rosa downgraded Knight Transportation (NYSE: KNX) from Buy to Neutral with a price target of $90.00 (from $72.00).

For an analyst ratings summary and ratings history on Knight Transportation click here. For more ratings news on Knight Transportation click here.

Shares of Knight Transportation closed at $81.54 yesterday.

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Investing.com -- Shares of several trucking companies fell sharply on Tuesday after Amazon announced the U.S. expansion of its less-than-truckload freight service to any destination and any business size, rattling investors in the transportation and logistics sector.

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

Amazon is expanding its less-than-truckload service, which allows businesses to share trailer space for partial loads rather than reserving a full truckload, beyond its existing inbound-to-Amazon offering to include third-party warehouses, distribution centers, and retail partners.

The service, which has operated since 2019

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

The service, which has operated since 2019

Trucking stocks slide as Amazon expands freight service

Wed, 10 Jun 2026 10:09:16 -0400

Old Dominion Freight Line dropped 7.3%, FedEx Freight fell 5.2%, Knight-Swift slid 5.4%, and Saia moved 8.2% lower following the announcement.

The service, which has operated since 2019

Form 144 Knight-Swift Transportat Filed by: KNIGHT KEVIN P

Mon, 08 Jun 2026 19:09:00 -0400

si-local-file:///var/storage/secattach/20260608/26618737.html

Form 144 Knight-Swift Transportat Filed by: KNIGHT KEVIN P

Mon, 08 Jun 2026 19:09:00 -0400

si-local-file:///var/storage/secattach/20260608/26618737.html

Form 8-K Knight-Swift Transportat For: Jun 03

Thu, 04 Jun 2026 16:35:00 -0400

si-local-file:///var/storage/secattach/20260604/26606309.html

Form 8-K Knight-Swift Transportat For: Jun 03

Thu, 04 Jun 2026 16:35:00 -0400

si-local-file:///var/storage/secattach/20260604/26606309.html

Kevin Knight retires from Knight-Swift Transportation

Thu, 04 Jun 2026 16:33:34 -0400

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced that Kevin P. Knight, co-founder of Knight Transportation and Executive Chairman of the board of directors, is retiring from the company.

Knight served as Chief Executive Officer from 1994 to 2014 and held leadership roles at both Swift Transportation and Knight Transportation before the companies merged in 2017. The Board of Directors appointed Lead Independent Director David Vander Ploeg as Chairman, effective June 3.

Knight will continue serving as a consultant for two years following his retirement as Executive Chairman, according to the company statement.

"I am humbled when I reflect on what we have built

Kevin Knight retires from Knight-Swift Transportation

Thu, 04 Jun 2026 16:33:34 -0400

Knight will continue serving as a consultant for two years following his retirement as Executive Chairman, according to the company statement.

"I am humbled when I reflect on what we have built

Kevin Knight retires from Knight-Swift Transportation

Thu, 04 Jun 2026 16:33:34 -0400

Knight will continue serving as a consultant for two years following his retirement as Executive Chairman, according to the company statement.

"I am humbled when I reflect on what we have built

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

Thu, 04 Jun 2026 16:33:00 -0400

PHOENIX--(BUSINESS WIRE)-- Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that Kevin P. Knight, one of the founders of Knight Transportation, former Chief Executive Officer from 1994 to 2014 and Executive Chairman of the board of directors, is retiring from the Company. This milestone follows a long and distinguished career including consequential leadership roles at each of Swift Transportation and Knight Transportation, and later at Knight-Swift Transportation following a highly successful 2017 merger of the two companies. The Board of Directors has appointed Lead Independent Director David Vander Ploeg as Chairman, effective June

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

Thu, 04 Jun 2026 16:33:00 -0400

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

Thu, 04 Jun 2026 16:33:00 -0400

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

Thu, 04 Jun 2026 16:33:00 -0400

Susquehanna Upgrades Knight Transportation (KNX) to Positive

Tue, 02 Jun 2026 06:39:44 -0400

Susquehanna analyst Bascome Majors upgraded Knight Transportation (NYSE: KNX) from Neutral to Positive.

For an analyst ratings summary and ratings history on Knight Transportation click here. For more ratings news on Knight Transportation click here.

Shares of Knight Transportation closed at $77.92 yesterday.

Susquehanna Upgrades Knight Transportation (KNX) to Positive

Tue, 02 Jun 2026 06:39:44 -0400

Susquehanna analyst Bascome Majors upgraded Knight Transportation (NYSE: KNX) from Neutral to Positive.

For an analyst ratings summary and ratings history on Knight Transportation click here. For more ratings news on Knight Transportation click here.

Shares of Knight Transportation closed at $77.92 yesterday.

Form 4 Knight-Swift Transportat For: May 31 Filed by: Flanagan Cary M

Mon, 01 Jun 2026 19:47:00 -0400

si-local-file:///var/storage/secattach/20260601/26585625.html

Form 4 Knight-Swift Transportat For: May 31 Filed by: Flanagan Cary M

Mon, 01 Jun 2026 19:47:00 -0400

si-local-file:///var/storage/secattach/20260601/26585625.html

Form 4 Knight-Swift Transportat For: May 31 Filed by: Fitzsimmons James L

Mon, 01 Jun 2026 19:27:00 -0400

si-local-file:///var/storage/secattach/20260601/26585592.html

Form 4 Knight-Swift Transportat For: May 31 Filed by: Fitzsimmons James L

Mon, 01 Jun 2026 19:27:00 -0400

si-local-file:///var/storage/secattach/20260601/26585592.html