Phoenix - based trucking companies Swift Transportation and Knight Transportation are set to merge in a $ 5bn deal that will create the industry 's largest full - truckload trucking firm . Following the merger , the combined companies will operate as Knight - Swift truck Holdings , with existing subsidiaries and operations consolidated . In a statement , the company said the deal , expected to complete in late 2017 , could amount to $ 265 m of savings . The merger is subject to shareholder and anti - trust approval .
Phoenix-based trucking companies Swift Transportation and Knight Transportation are set to merge in a $5bn deal that will create the industry's largest full-truckload trucking firm. Following the merger, the combined companies will trade as Knight-Swift Transportation Holdings, with existing facilities and operations continuing. In a statement, the companies said the deal, expected to complete in Q3 2017, could lead to $265m of savings. The agreement is subject to shareholder and anti-trust approval.