BNET Industries
Market Cap:$1.4B
Last Fiscal Year Sales:$766.9M
- Public
- US
Dow Jones Description
At Knight Brokerage, we like to say we're "Your Hometown National Broker." What does that mean to you? First, it means we offer the service, values and flexibility of a local provider. Second, it means we have the strength and capacity of a large, dependable company you can count on. For our stakeholders, we are stable, responsive, and dedicated to our business. Working together. We could never achieve our goals without the continued support of our customers and carriers. We work together to get the job done. We understand our local markets extremely well, and we use the resources of our national non-asset based model to respond with flexibility to every shipper and carriers needs. Strength, growth and commitment. We believe the best way to keep our promises is to ensure our financial stability. So we are committed to working efficiently, growing responsibly, creating opportunity for our associates, offering capacity for our carriers, and delivering more services for our customers. We think of our business as our promise to everyone who has a stake in our success. We won't let them down.
Chief Executive OfficerKevin P. Knight
Number of Employees 4,713
Peer Companies
NAICS Code General Freight Trucking, Long-Distance, Truckload: 484121
Recent Events
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Morgan Stanley Initiates Coverage on Knight Transportation KNX with an Equalweight
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Knight Boosting Dividend
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Knight Transportation KNX NewsBite - KNX Upgraded By William Blair
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Knight posts lower revenue, profit increase
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Knight Transportation Q4 net income increases 17%
News & Analysis
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knight transportation inc. - All News and Analysis
Knight Transportation, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Yes, sir. Thank you. Operators instructions Our first question comes from Tom Wadewitz from JP Morgan. Kevin Knight Hey, Tom. Thomas Wadewitz – JP Morgan Hey, Kevin. Hey Dave. Let’s see thanks for the slides that was very helpful and well put to get the...
Knight Transportation, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from Jon Langenfeld – Robert W. Baird & Co. Jon Langenfeld – Robert W. Baird & Co. One clarification in the press release Kevin, the 3.9% revenue per total mile is that with or without fuel? Kevin P....
Knight Transportation Ranks 97th on 2008 InformationWeek 500
PHOENIX -- Knight Transportation, Inc. (NYSE: KNX), today announced that it was ranked 97th on the 2008 InformationWeek 500. This is the second consecutive year Knight has been recognized in the InformationWeek 500. InformationWeek has identified and honored the nation's most innovative users of information technology with its annual listing,...
Ten Trucking Stocks
Stockerblog submits: With the price of oil dropping, investors are looking at the sectors and industries with high fuel exposure that may benefit from the reduction in oil prices. One of those industries is the trucking industry. Here is a selection of the trucking stocks with market caps over...
Transportation Stocks Deserve a Better Look
Investment U submits: Legend has it that Cornelius Vanderbilt began the family fortune with a $100 loan from his mother. He used the money to launch a ferry service across New York Harbor, which eventually turned into a fleet of more than 100 steamboats that traveled as far as...
Knight Transportation, Inc. 2Q08 (Qtr End 06/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question is from Edward Wolfe. Edward Wolfe – Bear Stearns I think the $64,000 question that everybody’s approaching in different ways is trying to understand -- it really feels like capacity has come in recently, demand’s not there, but at some...
Knight Transportation, Inc. Announces Participation in Wolfe Transportation Conference
PHOENIX -- Knight Transportation, Inc. (NYSE: KNX) announced today that Dave Jackson, Chief Financial Officer for Knight Transportation, Inc., is scheduled to present at the Wolfe Transportation Conference at Fordham University Law School at Lincoln Center in New York City on Tuesday, May 20, 2008 at 8:00 a.m. EDT. ...
Knight Transportation, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions The first question is from Tom Wadewitz from JPMorgan. Tom Wadewitz – JP Morgan Yes, good afternoon. Let's see, wanted to see if you could provide a little more detail in your view on the – how the market may play out,...
Knight Transportation, Inc. Announces Participation in JP Morgan Aviation and Transportation Conference
PHOENIX -- Knight Transportation, Inc. (NYSE: KNX) announced today that Kevin Knight, Chief Executive Officer and Chairman for Knight Transportation, is scheduled to present at the JP Morgan Aviation and Transportation Conference in New York City, NY on Wednesday, March 19, 2008 at 9:00 a.m. EDT. Knight Transportation, Inc.,...
Knight Transportation Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator [Operator Instructions]. Our first question comes from Edward Wolfe of Bear Stearns. Edward Wolfe - Bear Stearns Just the reading that I got from your release was that you’re going to flat net tractor fleet at this point with the ability to change that...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kevin P. Knight | Chief Executive Officer |
| Erick Kutter | President, Knight Refrigerated, LLC |
| Greg Ritter | President, Knight Brokerage, LLC |
| Michael K Liu | President |
| David A. Jackson | CFO & Secretary |
| Keith T Knight | COO |
| Wayne Yu | Chief Accounting Officer |
| Casey Comen | Executive Vice President, Sales |
| Casey Comen Thomas | Executive. Vice President Sales |
| Bill Ramsey | Senior Vice President, Business Dev |
| Steve Collins | Controller |
| Kathryn L. Munro | Director |
| Randy Knight | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald A. Bliss | Chairman and Director |
| Michael Garnreiter | Chairman |
| G.D. Madden | Board of Directors |
| Gary J. Knight | Vice Chairman |
| Mark A. Scudder | Board of Directors |
| Matt Salmon | Board of Directors |
| Richard J Lehmann | Board of Directors |
Kevin P. Knight has served as a director on our board since February 2004. Mr. Knight has served as Chairman of the Board of Knight Transportation, Inc., a short-to-medium haul, dry-van truckload carrier based in Phoenix, Arizona. Mr. Knight has served as Knight Transportation's Chief Executive Officer since 1993 and has been an officer and director of Knight Transportation since 1990. Mr. Knight has served as Chairman of the Arizona Motor Transport Association and a board member of the American Trucking Association.
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Chief Executive Officer | Current |
| Knight Transportation, Inc. | Director | Current |
| Mmi Marine Tech | Director | Current |
| Knight Transportation, Inc. | Officer | Former |
| SWIFT | Former | |
| Knight Transportation, Inc. | Chairman of the Board | Former |
| Universal Technical Institute, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | President, Knight Refrigerated, LLC | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | President, Knight Brokerage, LLC | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | CFO & Secretary | Current |
| Knight Transportation, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | COO | Current |
| Knight Transportation, Inc. | Board of Directors | Current |
| Knight Transportation, Inc. | Executive Vice President | Former |
| Knight Transportation, Inc. | Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Executive Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Executive. Vice President Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Senior Vice President, Business Dev | Current |
Donald A. Bliss has served as a member of our Board of Directors since February 1995. Until his retirement in December 1994, Mr. Bliss was the Chief Executive Officer and Vice President of U.S. West Communications, a U.S. West company. Mr. Bliss also is a director of the Western and Southern Life Insurance Company and the Biltmore Bank of Arizona. Mr. Bliss served as Chairman of the Western Region Advisory Board of AON Risk Services of Arizona, Inc. from October 2001 to February 2005.
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Chairman and Director | Current |
| The Biltmore Bank of Arizona | Director | Current |
| Knight Transportation, Inc. | Director | Current |
| Aon Risk Services Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Main Street Restaurant Group | Executive Vice President | Former |
| Main Street Restaurant Group | Treasurer | Former |
| Knight Transportation, Inc. | Chairman | Current |
| Syntax-Brillian Corporation | Director | Current |
| Taser International, Inc. | Board of Directors | Current |
| Amtech Systems, Inc. | Director | Current |
| Main Street Restaurant Group | Cfo | Former |
| Knight Transportation, Inc. | Director | Former |
| California State University | Bachelor of Science Degree In Accounting | Former |
| Business Administration | Bachelor of Science In Accounting | Former |
| California State University Long Beach | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Vice Chairman | Current |
| Knight Transportation, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bridge West, LLC | Principal | Current |
| Bridge West L.L.C. | Principal | Current |
| Pinnacle West Capital Corporation | Chairman | Current |
| Pinnaclewest | Board of Directors | Current |
| Capitol Bancorp Ltd. | Board of Directors | Current |
| Bank Administration Institute | Board of Directors | Current |
| Arizona Public Service Company | Director | Current |
| Knight Transportation, Inc. | Director | Current |
| Pinnacle West Capital Corporation | Board of Directors | Current |
| Logictree Corporation | Board of Directors | Current |
| Flow International Corporation | Board of Directors | Current |
| Bridge West, LLC | Chief Executive Officer | Former |
| Bank Administration Institute | Director-at-Large | Former |
| Bridge West L.L.C. | Chair | Former |
| Flow International Corporation | Chairman | Current |
| University of Washington | M.B.A. | Former |
| Auburn University | B.S. Degree | Former |
Mr. Scudder has represented public and private companies in a variety of mergers and acquisitions, financing transactions, and general corporate matters, with particular focus on the U.S. trucking industry. He has been President of Scudder Law Firm, P.C., L.L.O., based in Lincoln, Nebraska, since December 2002, and has served as an attorney with the firm since 1993. He currently serves on the Board of Directors of Knight Transportation, Inc. and Covenant Transport, Inc.
| Organization | Position | Status |
|---|---|---|
| Genesee & Wyoming, Inc. | President, Scudder Law Firm, P.C., L.L.O. Chairman, Compensation Committee | Current |
| Scudder Law Firm | Partner | Current |
| Knight Transportation, Inc. | Board of Directors | Current |
| Scudder Law Firm | President | Former |
| University of Nebraska College of Law | Adjunct Faculty Member | Former |
| University of Nebraska | adjunct faculty member | Former |
| Virginia Journal of International Law | Executive Editor | Former |
| BB&T Corporation | Former | |
| Genesee & Wyoming, Inc. | Board of Directors | Former |
| Scudder Law Firm | Director | Former |
| University of Virginia School of Law | J.D. | Former |
| University of Virginia | J.D. | Former |
| University of Nebraska - Lincoln | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Transportation, Inc. | Board of Directors | Current |
Randy Knight has served as a member of our Board of Directors since our inception in 1989. Mr. Knight served as one of our officers from 1989 until July 1999, when he resigned from being an officer. Mr. Knight served as the Chairman of the Board from 1993 to 1999. From 1985 to June 2004, Mr. Knight held a significant ownership interest in and served as the Chairman of Total Warehousing, Inc., a commercial warehousing and local transportation business located in Phoenix, Arizona. Mr. Knight sold his interest in Total Warehousing to a third party in June 2004. Mr. Knight was employed by Swift or related companies from 1969 to 1985, where he was a Vice President. Mr. Knight is a director of the Biltmore Bank of Arizona.
| Organization | Position | Status |
|---|---|---|
| The Biltmore Bank of Arizona | Director | Current |
| Knight Transportation, Inc. | Director | Current |
| SWIFT | Former |
| Organization | Position | Status |
|---|---|---|
| The Biltmore Bank of Arizona | Founder | Current |
| The Biltmore Bank of Arizona | Principal | Current |
| Knight Transportation, Inc. | Board of Directors | Current |
| Tgen Foundation | Board of Directors | Current |
| Bank One Corp | Vice Chairman | Former |
Executive News
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Knight Transportation, Inc. Announces Participation in William Blair Growth Stock Conference
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Knight Transportation, Inc. Announces Participation in William Blair Growth Stock Conference
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