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Knight-Swift Transportation Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 20, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 20, 2025

KNX$58.41-1.8%Stored close · as of Nov 6, 2026
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Purchase Commitments

Note 16 —Purchase Commitments

As of December 31, 2024, the Company had outstanding commitments to acquire revenue equipment of $619.0 million in 2025 ($552.2 million of which were tractor commitments) andnone thereafter. These purchases may be financed through any combination of operating leases, finance leases, debt, proceeds from sales of existing equipment, and cash flows from operations.

As of December 31, 2024, the Company had outstanding purchase commitments to acquire facilities and non-revenue equipment of $104.3 million in 2025, $26.4 million in the two-year period 2026 through 2027, and $8.6 million in the two-year period 2028 through 2029, andnone thereafter. Factors such as costs and opportunities for future terminal expansions may change the amount of such expenditures.

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