Knight Transportation Announces Opening of Four New Service Centers
PHOENIX--(BUSINESS WIRE)--Knight Transportation, Inc. (NYSE: KNX) announced the official opening of one new dry van service center and three new brokerage service centers. The dry van service center is located in Dallas, TX, and the three new brokerage centers service the Atlanta, GA, Reno, NV and Los Angeles, CA markets. These new openings increase the service center network to 27 dry van, four refrigerated, and 12 brokerage service centers. Chairman and CEO Kevin Knight had the following comments:
“These new service centers grow our nationwide transportation network to 43 service centers strong. Although we are in a challenging freight environment, we believe our service center expansion continues to be a medium for growth and will continue to position us well for an improved demand environment. Our growing dry van network enhances our ability to provide local service and create quality driving jobs. Our expanding brokerage presence increases the transportation solutions we can offer to our customers. As we assemble our network of asset and non-asset based service centers, we further strengthen our brand as the premier truckload transportation provider, providing hometown service to the local markets we serve.”
This press release contains forward-looking statements that involve risks, assumptions, and uncertainties that are difficult to predict. Statements that constitute forward-looking statements are usually identified by words such as “anticipates,” “believes,” “estimates,” “projects,” “expects,” “plans,” “intends,” or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of our management and are subject to significant risks and uncertainties. The following factors, among others, could cause actual results to differ materially from those in forward-looking statements: the risks inherent in entering a new regional market, including but not limited to unfamiliarity with pricing and operational issues; the risk that customer relationships may be difficult to obtain or that we may have to reduce rates to gain customer relationships in the new region; and the risks and uncertainties identified from time-to-time in our filings with the Securities and Exchange Commission.
