Knight-Swift Transportation Holdings Inc. Announces Leadership Changes

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift” or the “Company”), North America’s largest truckload transportation company, announced that effective November 13, 2020, Adam Miller has been appointed President of Swift Transportation Co., LLC (“Swift”), a wholly owned subsidiary of the Company. Mr. Miller will continue to serve as the Chief Financial Officer of Swift’s parent company, Knight-Swift. He will succeed Kevin Knight, who has served as the Acting President of Swift since the merger with Knight Transportation, Inc. (“Knight”) in September 2017. Mr. Knight will continue as Knight-Swift’s Executive Chairman of the Board with the primary focus of strategic growth.

Kevin Quast has been appointed as the Chief Administrative Officer of Knight-Swift. He previously served as the Chief Operating Officer of Swift since the merger, a position similar to the one he held at Knight prior to the merger.

David Jackson, Chief Executive Officer, commented, “Adam Miller and Kevin Quast are talented and proven leaders that have earned the respect of our organization over their 18- and 24-year careers, respectively, at Knight and recent involvement with Swift. They have been influential, along with several other key leaders, in the unprecedented merger success at Swift with dramatic profitability improvements for America’s largest full truckload carrier.”

About Knight-Swift

Knight-Swift Transportation Holdings Inc. is a provider of multiple truckload transportation and logistics services using a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to its customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.

This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our future performance and growth. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Readers should review and consider the factors that may affect future results and other disclosures in the Risk Factors section of Knight-Swift Transportation Holdings Inc.'s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and various disclosures in our press releases, stockholder reports, and other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.