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

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 combined Union Pacific–Norfolk Southern network will make cross-country intermodal shipping faster, more fuel-efficient, and more reliable than ever.

For Knight-Swift Transportation’s intermodal customers, a unified transcontinental railroad promises shorter transit times and simplified logistics. Freight that used to interchange between separate railroads mid-journey will now stay on one rail line all the way from origin to destination, eliminating handoff delays. This improved service means shippers can capture significant efficiency gains.

Adam Miller, CEO of Knight-Swift Transportation, voiced his support for the merger’s potential: “This is a significant breakthrough in U.S. freight transportation. By knitting together a coast-to-coast rail network, Union Pacific and Norfolk Southern are creating new efficiencies that will benefit everyone – from logistics providers like us, to our customers, to the end consumers. As a company that operates thousands of trucks and thousands of intermodal containers, we know the power of combining modes. This unified rail system will let us seamlessly integrate our trucking with rail on cross-country shipments like never before. The result will be faster deliveries, and lower fuel usage, which is great news for American businesses.”

Miller added that Knight-Swift Transportation is proud to support the UP–NS merger because it aligns with the company’s mission of delivering cost-effective, environmentally responsible freight solutions. With its extensive truck fleet and intermodal operations, Knight-Swift plans to leverage the merged railroad to offer customers new coast-to-coast services that take full advantage of rail’s efficiency and trucking’s flexibility. The company anticipates more shippers – especially those moving goods from coast to coast – will embrace intermodal options as the service becomes simpler and transit times improve. Ultimately, Knight-Swift expects the merger will bolster U.S. supply chain resilience and competitiveness by maximizing the efficient use of both trucks and trains.

About Knight-Swift Transportation

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

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