U.S. Trucking Giants Knight and Swift to Merge

U.S. Trucking Giants Knight and Swift to Merge

U.S. trucking giants Knight and Swift are merging in a stock-swap deal. According to a press release, the transaction will create the industry’s largest full truckload company. The combined firm will be known as Knight-Swift Transportation Holdings and will be based in Phoenix.

Swift stockholders will own about 54 percent and Knight stockholders will own the remaining 46 percent of the combined company.

Neil Gorsuch Sworn in as Supreme Court Justice

Neil Gorsuch Sworn in as Supreme Court Justice

Russia Denounces U.S. Missile Strike in Syria

Russia Denounces U.S. Missile Strike in Syria