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Knight-Swift Transportation Holdings Inc V.KNX.H


Primary Symbol: KNX

Knight-Swift Transportation Holdings Inc. is a diversified freight transportation company. The Company provides multiple truckload transportation, less-than-truckload (LTL), logistics, and business services to the shipping and transportation sectors. Its segments include Truckload, LTL, Logistics, and Intermodal. The Truckload services include irregular routes and dedicated, refrigerated, expedited, flatbed, and cross-border transportation of various products, goods, and materials. The LTL segment operates approximately 3,400 tractors and 8,900 trailers and also provides national coverage to its customers by utilizing partner carriers for areas outside its direct network. Its Logistics and Intermodal segments provide a multitude of shipping solutions, including additional sources of truckload capacity and alternative transportation modes, by utilizing its network of third-party capacity providers and rail providers, as well as certain logistics and freight management services.


NYSE:KNX - Post by User

Post by movinup2on May 31, 2010 8:43am
337 Views
Post# 17142585

private placement

private placementLooks like we be experiencing some dilution. Once this is complete we will have an extra 8+MM shares plus an equivalent amount in warrants o/s. Let's hope this sells out and closes quickly so we can have the $2MM for further work. The increase in public float can be beneficial as it will increase liquidity and will provide a wider audience for positive announcements going forward. Looks like limbo land for a while for us here. We know we have the highest potential in each of our properties so it is always advisable to look on the bright side and realize that explo $ is hard to come by these days. IMHO.
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