Knight Transportation 1Q profit up 24 percent

Apr 19, 2006

Knight Transportation Inc. has reported first-quarter net earnings of $15.8 million, up 24 percent from $12.8 million during the year-ago period. The Phoenix-based trucking company posted first-quarter revenue of $149.1 million vs. $122.2 million during the year-ago period.

For the remainder of 2006, the company says it expects to continue to grow its fleet by 15 percent on a year-over-year basis.

Nathan Meisgeier, president of Omaha, Nebraska-based Werner Enterprises, said his carrier is committing to hire 1,400 veterans over the coming year as part of the Freedom Haulers initiative.

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