secwatch.observer — SEC 8-K summary
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Issuer:     Knight-Swift Transportation Holdings Inc. (KNX)
CIK:        0001492691
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001492691-24-000076
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knight-Swift acquires Dependable Highway Express LTL division; ~$122M revenue, ~10% margin
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- Acquired non-union regional LTL division of Dependable Highway Express, effective July 30, 2024.
- Expected to be immediately accretive to EPS; LTL terminal/door count up ~10%, US population coverage to ~70%.
- DHE generated ~$122M revenue and ~10% operating margin in past twelve months; terms not disclosed.
- DHE will operate as separate brand under AAA Cooper; Joe Finney named President.
- Adds key Southwest markets (CA, AZ, NV); connects with AAA Cooper and MME for coast-to-coast service.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000076/0001492691-24-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492691/000149269124000076/knx-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001492691-24-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer