(Photo by Jim Allen/365trucking.com)
Knight-Swift Transportation Holdings, the truckload giant formed via the merger of Knight Transportation and Swift Transportation last year, has acquired the 400-truck fleet Abilene Motor Express, according to documents filed with the Securities and Exchange Commission.
The companies have not yet announced the acquisition of the Richmond, Virginia-based carrier.
According to the SEC filings, Abilene is “a diversified truckload carrier…operating throughout the contiguous United States and Canada, with approximately $100 million in annual revenues.” Knight Transportation, a subsidiary of Knight-Swift, is making the acquisition, according to the documents.
The terms of the deal have not been disclosed, as have details of the acquisition, such as whether Abilene will remain as-is or be folded under the Knight brand. Abilene is a privately held company.