Profile: Knight Transportation, Inc. (KNX)

Knight Transportation, Inc. (Knight), incorporated in 1989, is a short to medium-haul truckload carrier of general commodities. The transportation services provided by the Company are primarily asset-based dry van truckload and temperature-controlled truckload carrier services, along with non-asset-based brokerage services. The Company operates through two business segments: truckload transportation (asset-based) segment and brokerage segment (non-asset-based). Through its asset-based and non-asset-based capabilities, Knight transports, or can arrange for the transportation of, general commodities for customers throughout the United States. The Company generally focuses its dry van and temperature-controlled operations on regional short-to-medium lengths of haul. As of December 31, 2008, Knight operated 35 asset-based service centers (consisting of 29 dry van and four temperature-controlled service centers) and 12 non-asset-based brokerage branches. The Company’s brokerage branches enable it to offer customer service by providing non-asset-based capability to manage its customers' freight when the shipments do not fit Knight’s asset-based model.

The Company provides truckload transportation services, both dry van and temperature controlled, with its fleet of tractors and trailers. As of December 31, 2008, Knight operated 3,514 Company-owned tractors with an average age of 1.9 years. It also had under contract 185 tractors owned and operated by independent contractors. As of December 31, 2008, the Company’s trailer fleet consisted of 9,155, 53-foot long, high-cube trailers, including 620 temperature-controlled trailers, with an average age of 4.4 years. The Company provides electronic data interchange (EDI) services to shippers desiring such service.