Are the Swift and Knight Deal’s Synergies Overstated?
Both Swift Transportation (SWFT) and Knight Transportation (KNX) expect their proposed merger to be accretive to their adjusted earnings per share.
The combination of Swift Transportation (SWFT) and Knight Transportation (KNX) will likely result in the largest truckload company in North America.
The announced deal between Swift Transportation (SWFT) and Knight Transportation (KNX) brings together two major truckload operators.
The proposed merger of Swift Transportation and Knight Transportation seeks to combine two of North America’s major truckload transportation companies under a common ownership.
On April 10, 2017, the North American trucking sector woke up to the ringing of merger bells. Major truckload carriers Swift Transportation and Knight Transportation announced that they would combine.
YRC Worldwide’s (YRCW) current total debt stands at $997.0 million. It consists of CDA (contribution deferral agreement) notes, new term loans, and capital leases. At the end of December 31,…
Of the six analysts surveyed, two have recommended YRCW stock as a “strong buy” or equivalent, while one has given a “buy.”
In 4Q16, YRC’s Freight segment revenue fell 0.5% to $730.3 million from $733.7 million in 4Q15.
YRC Worldwide’s Regional Transportation segment contributed ~37% to the total operating revenues in 4Q16.
YRC Worldwide (YRCW) reported its 4Q16 EPS to be -$0.23, as compared to the analyst estimate of positive earnings.
CHRW’s Global Forwarding segment, the company’s second-largest, contributed ~20% of CHRW’s net revenues in 4Q16.
CHRW’s Robinson Fresh segment, the smallest in terms of revenue saw its revenue total fall 3.7% to $529.0 million in 4Q16.
For 4Q16, C.H. Robinson Worldwide’s reported total revenues of $3.4 billion, which was 6.4% higher than its $3.2 billion in 4Q15.
CHRW North American Surface Transport segment, the company’s largest, contributed ~69% of the company’s net revenues in 4Q16.
On January 31, 2017, C.H. Robinson Worldwide (CHRW), a major third-party logistics company, announced its 4Q16 results.
In this article, we’ll look at the direction of the Truck Tonnage Index (or TTI) in October 2016.
In this article, we’ll check out major truckload carriers’ debt levels and debt serviceability. Note that we’re looking at the net debt of these carriers.
In this article, we’ll take a look at the earnings of the major truckload carriers under review in this series.
Earlier, we discussed the 3Q16 revenue changes for the major truckload carriers under review in this series. Now, we’ll review their operating margins.
In this article, we’ll dive into the revenues and growth drivers of trucking stocks in 3Q16.