Knight-Swift Transportation Holdings Inc. Issues 2022 Sustainability Report

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), announced the release of its 2022 Sustainability Report, detailing its Environmental, Social and Governance (ESG) performance. The report highlights a 3.9% fleet emissions reduction (g/mile) from 2019 and is on track to meet its short-term goal of 5% by 2025. Other notable developments included increased pilot programming for low-to-no emission vehicles, exceptional growth in women in leadership, and tying ESG performance to senior leadership incentive plans.

Knight-Swift CEO Dave Jackson stated, “We continue to evolve in the ESG space, and we are making progress. As we dive deeper into fleet emissions reduction initiatives, we’re learning firsthand about the current limitations of future technologies and the reality that significantly more innovation is required to create viable alternatives to diesel. We’re invested in our approach and continue to research a diverse set of technologies to meet our public emissions goal. Additionally, we’re proud to see year-over-year improvements in our DOT crash rate, increased women in leadership roles and on our Board of Directors, and continue to expand our employee development opportunities.”

The Knight-Swift sustainability report is available on the company’s investor website at https://investor.knight-swift.com/Sustainability.

About Knight-Swift

Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, providing multiple truckload transportation and logistics services, as well as LTL 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 the country's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.

Forward-Looking Statements

This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to anticipated benefits of the transaction, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements. Forward-looking statements are based on currently available operating, financial, and competitive information. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Readers should review and consider the factors that may affect future results and other disclosures by the Knight, Swift, and Knight-Swift in their press releases, stockholder reports, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.

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