Latest Financial News for KNIGHT TRANS INC


Knight Transportation, Inc. Announces Participation in Wachovia Transportation Conference (Business Wire)
PHOENIX----Knight Transportation, Inc. announced today that Dave Jackson, Chief Financial Officer of Knight Transportation, Inc., is scheduled to present at the Wachovia Transportation Conference in New York City, NY on Monday, September 8, 2008 at 3:50 p.m.

Goods carried by US trucks falls in July (AP)
Total goods carried by trucks in the U.S. fell in July compared with the previous month, marking the first month-over-month decline since April, a major industry trade group said.

Diesel gives truckers a break, but for how long? (AP)
With the price of diesel down for the sixth straight week, truckers may breath a sigh of relief. But some analysts warn the break could be short-lived.

Analyst downgrades 2 truckers, sees slow peak (AP)
A Wachovia Capital Markets analyst downgraded shares of trucking companies Knight Transportation Inc. and Werner Enterprises Inc. Monday to "Market Perform" from "Outperform," citing price run-ups and concerns over near-term demand.

Movers roundup: MBIA, truckers (AP)
Shares of bond insurer MBIA Inc. rose Monday, lifted in part by Freddie Mac's successful debt auction, despite a decline in the broader market on higher oil prices.

Sector Snap: Analyst cuts trucking sector (AP)
A Wachovia Capital Markets analyst downgraded his rating on the trucking sector to Market Weight" from "Overweight" on Monday, pointing to his "increasingly cautious" view on freight demand as peak shipping season approaches.

Knight Transportation Announces Quarterly Cash Dividend (Business Wire)
PHOENIX----Knight Transportation, Inc. announced today that its Board of Directors has declared the company’s quarterly cash dividend of $0.04 per share of common stock. This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors.

LA port's truck plan gets boost from 2 big haulers (AP)
A plan to clean up the air around the twin ports of Los Angeles and Long Beach got a boost when two large members of the trucking association that sued to stop the plan agreed to participate in the program.

With Many Rigs Off The Road, Trucking Firms Back On Track (Investor's Business Daily)
Few industries are as susceptible to the whims of the oil market as the U.S. trucking industry, with its long hauls and its diesel-guzzling tractor-trailers.

Ahead of the Bell: Analyst lifts trucking sector (AP)
A Longbow Research analyst upgraded the trucking sector to "Neutral" from "Underweight" Thursday, citing a recent survey in which truckers seem more positive about business improvement going forward than they did just two months ago.

Freight index rises in June, but hurdles remain (AP)
The American Trucking Associations said total goods shipped by truck in the U.S. rose for the second consecutive month in June, but the trade group's chief economist suggested the nation's overall economy might not yet be on the road to recovery.

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