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Trucker Knight-Swift posts lower quarterly profit
November 6, 2017 / 9:22 PM / 15 days ago

Trucker Knight-Swift posts lower quarterly profit

Nov 6 (Reuters) - Trucking giant Knight-Swift Transportation Holdings Inc, the largest full truckload carrier in North America, posted a lower quarterly profit on Monday due to costs associated with its recent merger.

The Phoenix, Arizona-based company reported third-quarter earnings of $3.9 million, or $0.04 per diluted share, down from $23.7 million, or $.29 per diluted share in the year-ago period. Adjusting for one-time items, the company reported earnings per share of $.25 cents.

Reporting by Eric M. Johnson in Seattle; Editing by Dan Grebler

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