Knight-Swift Transportation completed the acquisition of U.S. Xpress Enterprises for $808m.

Knight-Swift Transportation, a freight transportation company, completed the acquisition of U.S. Xpress Enterprises, a truckload carrier, for $808m. “We are grateful for the efforts of so many who worked diligently to bring about such a significant transaction in the truckload industry. As we have engaged with more of the U.S. Xpress organization since the announcement, we have even more confidence that our combined efforts will lead to the achievement of the profitability targets we communicated. Our cross-functional synergy teams made up of leaders from Knight, Swift, and U.S. Xpress are off to a great start collaborating on plans to share best practices, improve operations and leverage economies of scale – and now they have the green light to fully engage," Dave Jackson, Knight-Swift CEO.