Core Viewpoint - Knight-Swift Transportation Holdings Inc. has secured a new $2.5 billion credit facility to consolidate its debt under more favorable terms, despite facing revenue challenges in the second quarter of 2025 [2][3]. Group 1: Credit Facility - On July 8, 2025, Knight-Swift acquired a new $2.5 billion unsecured credit facility, replacing a previous $2.3 billion credit facility and a $250 million term loan [2]. - The new facility includes a $1.5 billion revolving line of credit and two term loans, with maturity dates extending to 2030 [2]. - This move is expected to consolidate the company's current debt under more favorable terms [2]. Group 2: Q2 Earnings Report - On July 23, 2025, Knight-Swift reported a net income of $34.2 million and an adjusted net income of $57.2 million for Q2 [3]. - The company experienced a decline in revenue due to softness in demand on the West Coast, particularly with a 13.8% year-over-year decline in the Intermodal segment [3]. Group 3: Investor Interest - Following the earnings report, the company's EVP Operations, Michael Liu, sold 3,420 shares valued at $148,462 [4]. - Knight-Swift has the backing of 43 hedge funds and an analyst forecast indicating a 20.62% upside potential, attracting investors in the freight market [4]. Group 4: Company Background - Knight-Swift Transportation Holdings Inc. was formed by the 2017 merger of Knight Transportation and Swift Transportation, and is headquartered in Arizona [5]. - It is currently one of the largest full truckload carriers in the industry [5].