---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-23-000061"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:38:44.061356+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift closes U.S. Xpress acquisition; warns Q2 margins down 1,100-1,200 bps YoY

## Summary
- Acquisition of U.S. Xpress closed effective July 1, 2023, following shareholder approval on June 29, 2023.
- CEO cites integration synergy teams underway; reiterates profitability targets for U.S. Xpress.
- Q2 2023 consolidated operating margins expected to degrade 1,100-1,200 bps YoY due to persistently soft truckload demand.
- Company to update full-year earnings guidance on July 20, 2023, incorporating U.S. Xpress for H2.

## SEC filing metadata
- accession: 0001492691-23-000061
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000061/0001492691-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000061/knx-20230705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-23-000061
- JSON: https://secwatch.observer/filing/0001492691-23-000061.json
- Plain text: https://secwatch.observer/filing/0001492691-23-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.