Knight-Swift Secures $2.5 Billion Credit Facility Amid Q2 Revenue Weakness

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is one of the 13 Best Freight Stocks to Invest in Now.

Following a new $2.5 billion credit facility and mixed second-quarter results, the company’s top executive makes a bold move.

On July 8, 2025, Knight-Swift Transportation Holdings Inc. (NYSE:KNX) acquires a new $2.5 billion unsecured credit facility. Replacing the previous $2.3 billion credit facility and $250 million term loan, the company’s new unsecured credit facility includes a $1.5 billion revolving line of credit and two term loans. With maturity dates extending to 2030, this new credit facility is anticipated to consolidate the company’s current debt under more favorable terms.

Following this, on July 23, 2025, the company released its Q2 earnings report. In the report, it announced a net income of $34.2 million and an adjusted net income of $57.2 million. However, the softness in demand on the West Coast impacted the revenue. Particularly, the Intermodal segment declined by 13.8% year-over-year.

Later, on September 05, 2025, the company’s EVP Operations, Michael Liu, sold 3,420 shares in a transaction valued at $148,462. However, with 43 hedge funds backing it alongside an analyst forecast of 20.62% upside potential, the company attracts investors seeking valuable stocks under the freight market.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) was formed by the 2017 merger of two leading trucking companies, Knight Transportation and Swift Transportation. Headquartered in Arizona, it is currently one of the largest full truckload carriers in the industry.

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