Knight-Swift enters LTL arena with $1.35B acquisition of AAA Cooper

Knight-Swift acquires AAA Cooper in $1.35 billion deal

The nation’s largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), announced Tuesday it has acquired less-than-truckload carrier AAA Cooper Transportation in a transaction with an enterprise value of $1.35 billion.

Dothan, Alabama-based AAA Cooper is expected to generate full-year 2021 revenue of $780 million, $140 million in earnings before interest, taxes, depreciation and amortization (EBITDA) and $80 million in operating income. The deal is expected to add 13 cents per share to...

https://www.freightwaves.com/news/knight-swift-enters-ltl-arena-with-1-35b-acquisition-of-aaa-cooper

AAA Cooper Transportation’s ACTION TRAC® Provides Customers with Pre-Pickup Visibility

AAA Cooper Transportation, a Dothan, Alabama-based less-than-truckload (LTL) carrier, will begin offering its customers Pre-Pickup Visibility on December 14.

AAA Cooper President and Chief Operating Officer Charlie Prickett explained that today, an obscure period exists between the pickup request and the arrival of a carrier — a time frame in which customers have no visibility to arrival times, delays, etc. This can be a problem for warehouses and shipping facilities as many must plan around the...

https://s29755.pcdn.co/news/aaa-cooper-transportations-action-trac-provides-customers-with-pre-pickup-visibility