The nation’s largest truckload carrier, Knight-Swift Transportation (NYSE: KNX) announced Tuesday the acquisition of Kansas City, Missouri-based third-party logistics provider UTXL in a $22.5 million transaction.
As a licensed broker for more than 20 years, UTXL specializes in full truckload, multi-stop, expedited and less-than-truckload shipments throughout North America. The company generated more than $100 million in revenue during 2020 with a low-90% operating ratio, according to the press...
https://www.freightwaves.com/news/knight-swift-acquires-3pl-utxl-in-225m-deal