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On the Record · Knight-Swift Transportation

Knight-Swift Transportation acquisitions, on the record

The businesses Knight-Swift Transportation bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
U.S. Xpress
Word for word“Acquisition of U.S. Xpress — Having closed on July 1, 2023, our synergy teams, composed of leaders from Knight, Swift, and U.S.” 10-K for 2023
acquisitionJuly 1, 2023—
ACT
Word for word“The Company's acquisition of 100% of the securities of ACT on July 5, 2021 ASC Accounting Standards Codification Topic (or subtopic) ASU Accounting Standards Update Board Knight-Swift's Board of Directors BSBY Bloomberg Short-Term Bank Yield Index COVID-19 Viral strain of a coronavirus which led the World Health Organization to declare a global pandemic in March 2020 C-TPAT Customs-Trade Partnership Against Terrorism CSA Compliance Safety Accountability DOT United States Department of Transportation ELD Electronic Logging Device Eleos Eleos Technologies, LLC Embark Embark Technology Inc. and its related entities EPA United States Environmental Protection Agency EPS Earnings Per Share FASB United States Financial Accounting Standards Board FLSA United States Fair Labor Standards Act FMCSA United States Federal Motor Carrier Safety Administration GAAP United States Generally Accepted Accounting Principles 2 Table of Contents KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. 2023 ANNUAL REPORT ON FORM 10-K GLOSSARY OF TERMS The following glossary provides definitions for certain acronyms and terms used in this Annual Report on Form 10-K.” 10-K for 2023
acquisitionJuly 5, 2021—
Warehousing Co.
Word for word“Warehousing Co. Warehousing company, acquired by the Company on January 1, 2020 3 Table of Contents Glossary of Terms KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. PART I CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report contains certain statements that may be considered "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and Section 27A of the Securities Act of 1933, as amended.” 10-K for 2023
acquisitionJanuary 1, 2020—
DHE (Dependable Highway Express, Inc. non-union regional LTL division)
Word for word“DHE Acquisition The acquisition by one of the Company's wholly owned subsidiaries of the operating assets and assumption of certain liabilities of DHE on July 30, 2024” 10-K for 2024
acquisitionJuly 30, 2024—
U.S. Xpress Enterprises, Inc. and its subsidiaries
Word for word“U.S. Xpress Acquisition The Company's acquisition of 100% of the securities of U.S. Xpress on July 1, 2023” 10-K for 2024
acquisitionJuly 1, 2023—
AAA Cooper Transportation (ACT)
Word for word“ACT Acquisition The Company's acquisition of 100% of the securities of ACT on July 5, 2021” 10-K for 2024
acquisitionJuly 5, 2021—
DHE
Word for word“2025 Compared to 2024 — Our LTL segment grew revenue, excluding fuel surcharge, 20.6% as shipments per day increased 15.3% year-over-year, which includes the acquisition of DHE on July 30, 2024.” 10-K for 2025
acquisitionJuly 30, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$0$0
2017-12-31−$92 million$2.84 billion
2018-12-31$101.7 million—
2019-12-31$1.9 million$48,000
2020-12-31$46.8 million$4 million
2021-12-31$1.5 billion$592.2 million
2022-12-31$31.3 million$4.2 million
2023-12-31$458.3 million$329.5 million
2024-12-31$185.5 million$113.3 million
2025-12-31$0$0

Deal filings since 2016

Read from Knight-Swift Transportation’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.