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Knight-Swift Transportation Holdings Inc. Endorses Union Pacific – Norfolk Southern Merger

1. KNX supports the merger between Union Pacific and Norfolk Southern. 2. This merger could enhance intermodal transportation efficiency for KNX.

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FAQ

Why Bullish?

The merger potentially improves KNX's logistics capabilities, similar to past rail mergers enhancing efficiencies.

How important is it?

Support for this merger indicates strategic alignment, enhancing market positioning and operational efficiency for KNX.

Why Long Term?

The benefits from enhanced intermodal services may unfold over multiple quarters, applying historical patterns from previous transportation mergers.

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UNPNSC
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings (NYSE: KNX), the nation's largest full-truckload carrier, today announced its support for the proposed merger between Union Pacific Railroad and Norfolk Southern Corporation. The company believes this historic rail merger – uniting the Western and Eastern rail networks into the first truly coast-to-coast railroad – will greatly benefit intermodal transportation by enabling seamless single-line service from coast to coast. The combin.

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