SIC 4213 Trucking (No Local)

J.B. Hunt Transport Services Inc. vs Knight-Swift Transportation Holdings Inc.

Measured twinJBHT / KNXPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($21B vs $10B) with SEC SIC 4213 (Trucking (No Local)).

The price gap between these two has a measured habit of closing. A 2 standard deviation gap becomes a paired paper idea.

  • no divergence: z = -0.37 (needs |z| >= 2.0)
Business leadership

JBHT is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearJBHTKNXLarger
2025$12.0B$7.5BJBHT
2024$12.1B$7.4BJBHT
2023$12.8B$7.1BJBHT
2022$14.8B$7.4BJBHT
2021$12.2B$6.0BJBHT
2020$9.6B$4.7BJBHT

JBHT led in every year with figures for both. Market value: JBHT $21.0B, KNX $10.3B.

Stock leadership

KNX is ahead now

Measured against the pair's own last 252 trading days.

KNX leads JBHT by 0.37 standard deviations: +1.2% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
JBHT-20.0%-9.1%+36.5%
KNX-13.8%-4.9%+31.7%
Relationship

The gap has closed before

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.78 (needs >= 0.60)
Pass
Mean reversion: ADF t-statistic of the spread: -3.85 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 5.30 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

JBHT J.B. Hunt Transport Services Inc. KNX Knight-Swift Transportation Holdings Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150Oct 2024Oct 2025Oct 2026JBHT 130KNX 120
Spread z-score: JBHT relative to KNX, against the 252 sessions before each day. Above 0: JBHT ahead; below 0: KNX ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateJBHT indexKNX indexzAhead
2026-10-22130.37120.35-0.37near the usual relationship
2026-10-21129.24121.66-0.98KNX ahead
2026-10-20128.00121.75-1.29KNX ahead
2026-10-19126.22121.67-1.72KNX ahead
2026-10-16129.35124.75-1.64KNX ahead
2026-10-15133.04125.66-0.96KNX ahead
2026-10-14131.26121.67-0.40near the usual relationship
2026-10-13129.50121.29-0.65KNX ahead
2026-10-12129.08124.20-1.33KNX ahead
2026-10-09129.62124.10-1.15KNX ahead
2026-10-08129.15125.22-1.44KNX ahead
2026-10-07125.88122.46-1.50KNX ahead
2026-10-06127.74124.41-1.51KNX ahead
2026-10-05129.89125.58-1.31KNX ahead
2026-10-02132.41128.51-1.39KNX ahead
2026-10-01128.46125.91-1.62KNX ahead
2026-09-30126.67122.41-1.27KNX ahead
2026-09-29129.63123.56-0.93KNX ahead
2026-09-28127.82122.33-1.01KNX ahead
2026-09-25127.47122.56-1.11KNX ahead
2026-09-24129.56126.08-1.38KNX ahead
2026-09-23132.66129.30-1.39KNX ahead
2026-09-22134.23129.14-1.08KNX ahead
2026-09-21133.53128.24-1.02KNX ahead
2026-09-18132.44128.35-1.19KNX ahead
2026-09-17133.88128.33-0.93KNX ahead
2026-09-16133.84126.62-0.63KNX ahead
2026-09-15154.38131.84+1.56JBHT ahead
2026-09-14155.48131.72+1.73JBHT ahead
2026-09-11152.91130.84+1.53JBHT ahead
2026-09-10151.43132.88+1.01JBHT ahead
2026-09-09151.41132.42+1.08JBHT ahead
2026-09-08155.36136.27+1.03JBHT ahead
2026-09-04154.79138.58+0.62JBHT ahead
2026-09-03150.55133.92+0.75JBHT ahead
2026-09-02147.13129.78+0.92JBHT ahead
2026-09-01145.01128.45+0.85JBHT ahead
2026-08-31150.09131.88+1.01JBHT ahead
2026-08-28147.58129.43+1.05JBHT ahead
2026-08-27148.92132.63+0.76JBHT ahead
2026-08-26149.06133.88+0.60JBHT ahead
2026-08-25148.23131.86+0.79JBHT ahead
2026-08-24146.93133.05+0.46near the usual relationship
2026-08-21155.74137.82+0.90JBHT ahead
2026-08-20155.18133.61+1.43JBHT ahead
2026-08-19154.02134.24+1.21JBHT ahead
2026-08-18155.02136.13+1.07JBHT ahead
2026-08-17160.21140.13+1.16JBHT ahead
2026-08-14158.14139.40+1.02JBHT ahead
2026-08-13159.62141.10+0.97JBHT ahead
2026-08-12156.02137.27+1.07JBHT ahead
2026-08-11150.04131.92+1.09JBHT ahead
2026-08-10150.47132.18+1.11JBHT ahead
2026-08-07151.82134.78+0.92JBHT ahead
2026-08-06151.10133.36+1.04JBHT ahead
2026-08-05154.16136.30+1.02JBHT ahead
2026-08-04155.19137.86+0.94JBHT ahead
2026-08-03150.91131.70+1.27JBHT ahead
2026-07-31153.64133.84+1.32JBHT ahead
2026-07-30152.21134.36+1.08JBHT ahead
2026-07-29156.13136.75+1.23JBHT ahead
2026-07-28156.96135.05+1.57JBHT ahead
2026-07-27158.85136.15+1.65JBHT ahead
2026-07-24163.00139.56+1.68JBHT ahead
2026-07-23163.61139.23+1.81JBHT ahead
2026-07-22165.23146.37+1.09JBHT ahead
2026-07-21165.81147.66+1.00JBHT ahead
2026-07-20164.31145.62+1.09JBHT ahead
2026-07-17164.76147.60+0.91JBHT ahead
2026-07-16168.72148.84+1.19JBHT ahead
2026-07-15156.21141.62+0.71JBHT ahead
2026-07-14158.80144.79+0.61JBHT ahead
2026-07-13160.00143.08+0.96JBHT ahead
2026-07-10158.29144.74+0.57JBHT ahead
2026-07-09159.78148.55+0.29near the usual relationship
2026-07-08156.30144.33+0.41near the usual relationship
2026-07-07155.48143.10+0.48near the usual relationship
2026-07-06157.03144.00+0.54JBHT ahead
2026-07-02161.60146.97+0.69JBHT ahead
2026-07-01164.00148.93+0.72JBHT ahead
2026-06-30163.64149.89+0.58JBHT ahead
2026-06-29162.77150.49+0.43near the usual relationship
2026-06-26158.48147.47+0.33near the usual relationship
2026-06-25155.30148.35-0.10near the usual relationship
2026-06-24152.12143.45+0.12near the usual relationship
2026-06-23152.22142.44+0.25near the usual relationship
2026-06-22154.62145.14+0.21near the usual relationship
2026-06-18153.34142.73+0.35near the usual relationship
2026-06-17151.09140.54+0.37near the usual relationship
2026-06-16158.21148.87+0.19near the usual relationship
2026-06-15160.09152.55-0.01near the usual relationship
2026-06-12163.60156.96-0.11near the usual relationship
2026-06-11163.48158.71-0.29near the usual relationship
2026-06-10158.73152.55-0.13near the usual relationship
2026-06-09162.37154.67+0.02near the usual relationship
2026-06-08162.93155.36+0.01near the usual relationship
2026-06-05161.11151.24+0.26near the usual relationship
2026-06-04160.18151.24+0.18near the usual relationship
2026-06-03158.34150.66+0.07near the usual relationship
2026-06-02155.82149.41-0.04near the usual relationship
2026-06-01158.00149.99+0.12near the usual relationship
2026-05-29156.29145.58+0.41near the usual relationship
2026-05-28154.08144.41+0.32near the usual relationship
2026-05-27153.15142.79+0.41near the usual relationship
2026-05-26151.31140.38+0.49near the usual relationship
2026-05-22146.31134.98+0.58JBHT ahead
2026-05-21146.57135.23+0.58JBHT ahead
2026-05-20148.63136.67+0.64JBHT ahead
2026-05-19145.04131.61+0.83JBHT ahead
2026-05-18147.83133.34+0.93JBHT ahead
2026-05-15148.25132.94+1.02JBHT ahead
2026-05-14143.98130.95+0.82JBHT ahead
2026-05-13134.45115.05+1.72JBHT ahead
2026-05-12133.88115.30+1.64JBHT ahead
2026-05-11136.12119.19+1.41JBHT ahead
2026-05-08138.75123.29+1.21JBHT ahead
2026-05-07136.93122.12+1.16JBHT ahead
2026-05-06139.11123.72+1.21JBHT ahead
2026-05-05137.41118.61+1.66JBHT ahead
2026-05-04134.75119.62+1.27JBHT ahead
2026-05-01140.63123.20+1.47JBHT ahead
2026-04-30142.21124.93+1.44JBHT ahead
2026-04-29139.26121.96+1.50JBHT ahead
2026-04-28142.08126.14+1.31JBHT ahead
2026-04-27141.44124.52+1.45JBHT ahead
2026-04-24140.55125.51+1.25JBHT ahead
2026-04-23143.44126.60+1.43JBHT ahead
2026-04-22139.67123.16+1.46JBHT ahead
2026-04-21141.96124.85+1.51JBHT ahead
2026-04-20142.25126.18+1.40JBHT ahead
2026-04-17138.57124.00+1.28JBHT ahead
2026-04-16134.74123.83+0.89JBHT ahead
2026-04-15126.74118.50+0.64JBHT ahead
2026-04-14129.82119.33+0.90JBHT ahead
2026-04-13128.69119.04+0.81JBHT ahead
2026-04-10128.37118.96+0.79JBHT ahead
2026-04-09127.34118.04+0.79JBHT ahead
2026-04-08127.00120.25+0.48near the usual relationship
2026-04-07123.09114.57+0.74JBHT ahead
2026-04-06122.90115.01+0.66JBHT ahead
2026-04-02121.51112.80+0.78JBHT ahead
2026-04-01120.68110.84+0.95JBHT ahead
2026-03-31119.81110.84+0.85JBHT ahead
2026-03-30115.77106.76+0.90JBHT ahead
2026-03-27116.24106.93+0.95JBHT ahead
2026-03-26116.57106.85+1.01JBHT ahead
2026-03-25118.22108.45+1.00JBHT ahead
2026-03-24115.98105.89+1.08JBHT ahead
2026-03-23114.65104.27+1.15JBHT ahead
2026-03-20113.04102.56+1.20JBHT ahead
2026-03-19113.19102.73+1.20JBHT ahead
2026-03-18111.74101.83+1.15JBHT ahead
2026-03-17113.15100.83+1.50JBHT ahead
2026-03-16114.62102.31+1.49JBHT ahead
2026-03-13113.2299.96+1.67JBHT ahead
2026-03-12113.72100.12+1.73JBHT ahead
2026-03-11118.93107.28+1.37JBHT ahead
2026-03-10122.04110.34+1.35JBHT ahead
2026-03-09122.95111.16+1.36JBHT ahead
2026-03-06120.65109.47+1.31JBHT ahead
2026-03-05127.98117.44+1.15JBHT ahead
2026-03-04132.82122.23+1.11JBHT ahead
2026-03-03130.53118.59+1.32JBHT ahead
2026-03-02131.21119.83+1.25JBHT ahead
2026-02-27131.97121.12+1.19JBHT ahead
2026-02-26129.03118.77+1.15JBHT ahead
2026-02-25123.96113.03+1.31JBHT ahead
2026-02-24126.02115.94+1.18JBHT ahead
2026-02-23125.56113.96+1.40JBHT ahead
2026-02-20130.13118.77+1.32JBHT ahead
2026-02-19127.62113.96+1.68JBHT ahead
2026-02-18126.34114.24+1.50JBHT ahead
2026-02-17126.37115.26+1.37JBHT ahead
2026-02-13125.38114.63+1.34JBHT ahead
2026-02-12123.66115.30+1.04JBHT ahead
2026-02-11130.25116.00+1.77JBHT ahead
2026-02-10129.50115.59+1.75JBHT ahead
2026-02-09127.93113.99+1.79JBHT ahead
2026-02-06128.86115.82+1.67JBHT ahead
2026-02-05127.35113.88+1.76JBHT ahead
2026-02-04129.03115.80+1.72JBHT ahead
2026-02-03124.73115.01+1.30JBHT ahead
2026-02-02119.70113.88+0.82JBHT ahead
2026-01-30114.62106.06+1.26JBHT ahead
2026-01-29116.02107.45+1.25JBHT ahead
2026-01-28115.94106.97+1.31JBHT ahead
2026-01-27114.71105.68+1.34JBHT ahead
2026-01-26115.97108.32+1.14JBHT ahead
2026-01-23116.89109.62+1.09JBHT ahead
2026-01-22119.14114.42+0.74JBHT ahead
2026-01-21118.56111.51+1.06JBHT ahead
2026-01-20115.06106.01+1.38JBHT ahead
2026-01-16115.55109.05+1.03JBHT ahead
2026-01-15116.76110.70+0.97JBHT ahead
2026-01-14116.36110.05+1.01JBHT ahead
2026-01-13116.00109.89+0.99JBHT ahead
2026-01-12116.66109.24+1.18JBHT ahead
2026-01-09116.95110.07+1.11JBHT ahead
2026-01-08116.14109.45+1.10JBHT ahead
2026-01-07115.24106.14+1.46JBHT ahead
2026-01-06116.21105.95+1.63JBHT ahead
2026-01-05114.22104.04+1.66JBHT ahead
2026-01-02111.26100.54+1.80JBHT ahead
2025-12-31109.88100.64+1.61JBHT ahead
2025-12-30110.93101.25+1.68JBHT ahead
2025-12-29111.69102.52+1.61JBHT ahead
2025-12-26112.10102.58+1.67JBHT ahead
2025-12-24112.11103.12+1.61JBHT ahead
2025-12-23111.40103.20+1.51JBHT ahead
2025-12-22112.84102.89+1.78JBHT ahead
2025-12-19111.77100.79+1.98JBHT ahead
2025-12-18111.05101.25+1.82JBHT ahead
2025-12-17109.74101.37+1.63JBHT ahead
2025-12-16111.25102.89+1.62JBHT ahead
2025-12-15111.72102.41+1.79JBHT ahead
2025-12-12112.33102.44+1.90JBHT ahead
2025-12-11112.82101.04+2.23JBHT ahead
2025-12-10112.0299.15+2.47JBHT ahead
2025-12-09107.2995.82+2.35JBHT ahead
2025-12-08107.3698.19+1.96JBHT ahead
2025-12-05106.5298.75+1.75JBHT ahead
2025-12-04106.0398.04+1.81JBHT ahead
2025-12-03106.2597.63+1.95JBHT ahead
2025-12-02105.0194.01+2.44JBHT ahead
2025-12-01101.6291.13+2.45JBHT ahead
2025-11-2898.3588.16+2.50JBHT ahead
2025-11-2698.0488.16+2.48JBHT ahead
2025-11-2597.2687.47+2.52JBHT ahead
2025-11-2494.2285.49+2.40JBHT ahead
2025-11-2194.1085.02+2.51JBHT ahead
2025-11-2089.8580.23+2.79JBHT ahead
2025-11-1990.4280.33+2.95JBHT ahead
2025-11-1891.6180.71+3.19JBHT ahead
2025-11-1790.6380.56+3.08JBHT ahead
2025-11-1492.0582.71+2.91JBHT ahead
2025-11-1394.0384.54+2.96JBHT ahead
2025-11-1295.7086.26+2.97JBHT ahead
2025-11-1195.0085.35+3.11JBHT ahead
2025-11-1095.2688.18+2.50JBHT ahead
2025-11-0796.6689.16+2.61JBHT ahead
2025-11-0695.5785.35+3.41JBHT ahead
2025-11-0596.2685.81+3.54JBHT ahead
2025-11-0497.6186.22+3.87JBHT ahead
2025-11-0395.9784.47+4.09JBHT ahead
2025-10-3195.4786.85+3.35JBHT ahead
2025-10-3094.2283.79+4.06JBHT ahead
2025-10-2995.4885.64+3.97JBHT ahead
2025-10-2894.1784.23+4.19JBHT ahead
2025-10-2794.8586.81+3.66JBHT ahead
2025-10-2493.3587.26+3.12JBHT ahead
2025-10-2394.2784.72+4.43JBHT ahead
2025-10-2295.2891.22+2.56JBHT ahead
2025-10-2195.5491.36+2.64JBHT ahead
2025-10-2093.5791.57+1.94JBHT ahead
2025-10-1793.2090.55+2.19JBHT ahead
2025-10-1695.8790.55+3.11JBHT ahead
2025-10-1578.4985.08-1.24KNX ahead
2025-10-1478.8084.04-0.73KNX ahead
2025-10-1378.0982.25-0.34near the usual relationship
2025-10-1077.5181.56-0.30near the usual relationship
2025-10-0980.6486.16-0.79KNX ahead
2025-10-0882.8688.30-0.71KNX ahead
2025-10-0779.1582.37+0.04near the usual relationship
2025-10-0680.1083.27+0.07near the usual relationship
2025-10-0378.0079.71+0.62JBHT ahead
2025-10-0275.8776.80+0.93JBHT ahead
2025-10-0175.0274.96+1.35JBHT ahead
2025-09-3075.8676.05+1.25JBHT ahead
2025-09-2976.2177.29+0.90JBHT ahead
2025-09-2676.0276.32+1.22JBHT ahead
2025-09-2574.8675.32+1.16JBHT ahead
2025-09-2475.1275.40+1.25JBHT ahead
2025-09-2374.6275.94+0.81JBHT ahead
2025-09-2273.8776.00+0.46near the usual relationship
2025-09-1974.9377.07+0.47near the usual relationship
2025-09-1876.3679.54+0.07near the usual relationship
2025-09-1776.0680.31-0.36near the usual relationship
2025-09-1677.9181.92-0.23near the usual relationship
2025-09-1577.0980.08+0.16near the usual relationship
2025-09-1277.9880.25+0.46near the usual relationship
2025-09-1179.9782.68+0.31near the usual relationship
2025-09-1077.4280.17+0.25near the usual relationship
2025-09-0979.7282.58+0.24near the usual relationship
2025-09-0880.8482.31+0.79JBHT ahead
2025-09-0581.2682.98+0.70JBHT ahead
2025-09-0482.1484.91+0.31near the usual relationship
2025-09-0382.2083.91+0.71JBHT ahead
2025-09-0281.5683.52+0.60JBHT ahead
2025-08-2981.9884.50+0.39near the usual relationship
2025-08-2881.4084.56+0.15near the usual relationship
2025-08-2782.4385.14+0.33near the usual relationship
2025-08-2681.6085.58-0.16near the usual relationship
2025-08-2580.7183.81+0.16near the usual relationship
2025-08-2284.8986.56+0.74JBHT ahead
2025-08-2181.0882.23+0.92JBHT ahead
2025-08-2080.5881.02+1.21JBHT ahead
2025-08-1983.2483.62+1.25JBHT ahead
2025-08-1880.5881.37+1.09JBHT ahead
2025-08-1581.1081.81+1.14JBHT ahead
2025-08-1481.6782.89+0.95JBHT ahead
2025-08-1382.4684.87+0.50JBHT ahead
2025-08-1280.7582.35+0.80JBHT ahead
2025-08-1177.9078.88+1.04JBHT ahead
2025-08-0878.8479.13+1.33JBHT ahead
2025-08-0779.3479.79+1.28JBHT ahead
2025-08-0681.1481.85+1.19JBHT ahead
2025-08-0580.9981.58+1.24JBHT ahead
2025-08-0480.3280.94+1.24JBHT ahead
2025-08-0178.9179.48+1.26JBHT ahead
2025-07-3181.4481.81+1.36JBHT ahead
2025-07-3081.3481.54+1.43JBHT ahead
2025-07-2982.9983.46+1.34JBHT ahead
2025-07-2883.9085.52+0.90JBHT ahead
2025-07-2584.4286.31+0.80JBHT ahead
2025-07-2484.6687.68+0.38near the usual relationship
2025-07-2384.7287.89+0.33near the usual relationship
2025-07-2285.9086.97+1.13JBHT ahead
2025-07-2183.4585.52+0.74JBHT ahead
2025-07-1884.1885.97+0.85JBHT ahead
2025-07-1786.3387.78+0.99JBHT ahead
2025-07-1685.6286.76+1.10JBHT ahead
2025-07-1584.1687.43+0.29near the usual relationship
2025-07-1486.0590.05+0.06near the usual relationship
2025-07-1186.8391.03-0.01near the usual relationship
2025-07-1087.4492.82-0.41near the usual relationship
2025-07-0986.3291.67-0.42near the usual relationship
2025-07-0886.5390.53+0.07near the usual relationship
2025-07-0784.5688.89-0.09near the usual relationship
2025-07-0386.4491.22-0.21near the usual relationship
2025-07-0286.5290.78-0.02near the usual relationship
2025-07-0185.4288.72+0.31near the usual relationship
2025-06-3081.1985.14+0.00near the usual relationship
2025-06-2782.1786.66-0.18near the usual relationship
2025-06-2681.0185.12-0.07near the usual relationship
2025-06-2580.7084.74-0.04near the usual relationship
2025-06-2481.0985.27-0.09near the usual relationship
2025-06-2380.6884.75-0.06near the usual relationship
2025-06-2078.9481.98+0.31near the usual relationship
2025-06-1878.5982.44-0.02near the usual relationship
2025-06-1778.6482.27+0.06near the usual relationship
2025-06-1680.5683.46+0.37near the usual relationship
2025-06-1379.0782.25+0.24near the usual relationship
2025-06-1279.6784.75-0.48near the usual relationship
2025-06-1179.6684.08-0.23near the usual relationship
2025-06-1082.0887.16-0.43near the usual relationship
2025-06-0980.0885.39-0.57KNX ahead
2025-06-0679.2785.87-1.08KNX ahead
2025-06-0578.6684.97-1.00KNX ahead
2025-06-0479.2286.01-1.17KNX ahead
2025-06-0379.5186.20-1.13KNX ahead
2025-06-0277.2684.77-1.54KNX ahead
2025-05-3078.5085.31-1.23KNX ahead
2025-05-2979.1585.10-0.89KNX ahead
2025-05-2878.3984.27-0.90KNX ahead
2025-05-2779.1584.39-0.63KNX ahead
2025-05-2377.7082.43-0.48near the usual relationship
2025-05-2278.6183.72-0.61KNX ahead
2025-05-2178.8083.97-0.63KNX ahead
2025-05-2081.9987.12-0.55KNX ahead
2025-05-1982.6887.41-0.39near the usual relationship
2025-05-1683.7187.87-0.17near the usual relationship
2025-05-1583.6087.70-0.15near the usual relationship
2025-05-1483.6288.84-0.56KNX ahead
2025-05-1383.2988.64-0.62KNX ahead
2025-05-1284.0889.93-0.78KNX ahead
2025-05-0976.6381.71-0.70KNX ahead
2025-05-0877.7383.10-0.78KNX ahead
2025-05-0775.1780.00-0.65KNX ahead
2025-05-0673.9977.69-0.24near the usual relationship
2025-05-0575.5479.42-0.29near the usual relationship
2025-05-0275.5279.79-0.44near the usual relationship
2025-05-0173.3975.03+0.52JBHT ahead
2025-04-3073.8375.40+0.55JBHT ahead
2025-04-2973.7375.48+0.47near the usual relationship
2025-04-2874.0474.65+0.92JBHT ahead
2025-04-2573.3574.92+0.54JBHT ahead
2025-04-2475.1977.69+0.19near the usual relationship
2025-04-2373.7076.21+0.16near the usual relationship
2025-04-2272.6675.13+0.16near the usual relationship
2025-04-2171.8774.34+0.14near the usual relationship
2025-04-1773.0675.82+0.04near the usual relationship
2025-04-1670.5273.46-0.08near the usual relationship
2025-04-1576.3976.09+1.14JBHT ahead
2025-04-1477.9278.04+0.97JBHT ahead
2025-04-1175.1376.77+0.41near the usual relationship
2025-04-1075.9578.13+0.22near the usual relationship
2025-04-0980.0982.75+0.09near the usual relationship
2025-04-0873.2075.51+0.12near the usual relationship
2025-04-0774.6775.65+0.56JBHT ahead
2025-04-0476.1475.03+1.24JBHT ahead
2025-04-0377.0276.17+1.13JBHT ahead
2025-04-0286.3886.64+0.77JBHT ahead
2025-04-0184.6584.23+0.95JBHT ahead
2025-03-3183.6583.72+0.80JBHT ahead
2025-03-2882.6183.83+0.46near the usual relationship
2025-03-2785.2685.79+0.64JBHT ahead
2025-03-2685.5985.79+0.71JBHT ahead
2025-03-2584.7885.27+0.61JBHT ahead
2025-03-2485.9586.58+0.57JBHT ahead
2025-03-2183.9985.51+0.32near the usual relationship
2025-03-2083.3985.72+0.10near the usual relationship
2025-03-1983.1487.16-0.34near the usual relationship
2025-03-1883.1989.28-0.86KNX ahead
2025-03-1784.5090.49-0.82KNX ahead
2025-03-1484.2489.55-0.66KNX ahead
2025-03-1384.4987.78-0.18near the usual relationship
2025-03-1287.3289.91+0.01near the usual relationship
2025-03-1187.1789.24+0.12near the usual relationship
2025-03-1090.5890.22+0.69JBHT ahead
2025-03-0792.4190.68+1.00JBHT ahead
2025-03-0691.7494.21+0.04near the usual relationship
2025-03-0590.4893.71-0.14near the usual relationship
2025-03-0489.1292.17-0.12near the usual relationship
2025-03-0389.2394.57-0.63KNX ahead
2025-02-2891.1397.09-0.74KNX ahead
2025-02-2789.8494.28-0.44near the usual relationship
2025-02-2690.6495.94-0.62KNX ahead
2025-02-2590.8596.63-0.72KNX ahead
2025-02-2491.9897.59-0.68KNX ahead
2025-02-2194.82100.35-0.63KNX ahead
2025-02-2095.29102.83-1.02KNX ahead
2025-02-1995.69101.77-0.74KNX ahead
2025-02-1898.52104.18-0.64KNX ahead
2025-02-1496.10104.27-1.14KNX ahead
2025-02-1393.55104.83-1.77KNX ahead
2025-02-1293.08103.70-1.68KNX ahead
2025-02-1194.70104.89-1.58KNX ahead
2025-02-1094.48105.22-1.70KNX ahead
2025-02-0793.94104.31-1.66KNX ahead
2025-02-0695.57106.45-1.74KNX ahead
2025-02-0596.39107.95-1.86KNX ahead
2025-02-0495.53108.64-2.19KNX ahead
2025-02-0394.59107.28-2.17KNX ahead
2025-01-3196.81109.89-2.22KNX ahead
2025-01-3098.02112.67-2.50KNX ahead
2025-01-2997.21112.30-2.65KNX ahead
2025-01-2897.62112.65-2.67KNX ahead
2025-01-2798.42113.19-2.64KNX ahead
2025-01-2496.09110.18-2.62KNX ahead
2025-01-2396.27110.86-2.75KNX ahead
2025-01-2298.89105.87-1.21KNX ahead
2025-01-2198.62106.43-1.40KNX ahead
2025-01-1797.50105.58-1.48KNX ahead
2025-01-16105.28108.45-0.43near the usual relationship
2025-01-15105.47107.45-0.19near the usual relationship
2025-01-14102.69105.79-0.44near the usual relationship
2025-01-13101.33104.39-0.44near the usual relationship
2025-01-1098.54100.81-0.29near the usual relationship
2025-01-08100.54103.62-0.45near the usual relationship
2025-01-0799.78103.06-0.50KNX ahead
2025-01-0699.73104.70-0.85KNX ahead
2025-01-0399.41104.95-0.97KNX ahead
2025-01-0296.79101.50-0.83KNX ahead
2024-12-3196.49102.10-1.03KNX ahead
2024-12-3096.30101.19-0.89KNX ahead
2024-12-2797.25103.16-1.10KNX ahead
2024-12-2697.25103.46-1.17KNX ahead
2024-12-2497.00102.52-1.04KNX ahead
2024-12-2396.42101.69-1.00KNX ahead
2024-12-2096.25100.00-0.68KNX ahead
2024-12-1995.04100.64-1.10KNX ahead
2024-12-1896.28101.02-0.91KNX ahead
2024-12-17100.25103.83-0.64KNX ahead
2024-12-16100.69105.72-0.94KNX ahead
2024-12-13101.65106.70-0.94KNX ahead
2024-12-12102.42108.55-1.15KNX ahead
2024-12-11102.91109.66-1.28KNX ahead
2024-12-10103.06108.82-1.09KNX ahead
2024-12-09103.12107.78-0.87KNX ahead
2024-12-06102.33106.83-0.85KNX ahead
2024-12-05102.82107.89-0.96KNX ahead
2024-12-04104.67109.07-0.81KNX ahead
2024-12-03104.60109.26-0.87KNX ahead
2024-12-02106.99112.55-1.03KNX ahead
2024-11-29106.92114.26-1.39KNX ahead
2024-11-27107.60113.74-1.16KNX ahead
2024-11-26107.91114.71-1.29KNX ahead
2024-11-25106.49113.09-1.28KNX ahead
2024-11-22103.13110.91-1.58KNX ahead
2024-11-21102.66108.20-1.14KNX ahead
2024-11-20102.66107.82-1.06KNX ahead
2024-11-19101.87108.74-1.44KNX ahead
2024-11-18104.03108.18-0.86KNX ahead
2024-11-15103.10107.08-0.84KNX ahead
2024-11-14104.32107.62-0.69KNX ahead
2024-11-13106.97109.91-0.60KNX ahead
2024-11-12108.86108.66+0.05near the usual relationship
2024-11-11111.49113.34-0.37near the usual relationship
2024-11-08108.63114.73-1.24KNX ahead
2024-11-07106.58110.64-0.86KNX ahead
2024-11-06109.02111.26-0.47near the usual relationship
2024-11-05104.91103.95+0.20near the usual relationship
2024-11-04102.89102.16+0.15near the usual relationship
2024-11-01102.31101.89+0.08near the usual relationship
2024-10-31102.12100.25+0.40near the usual relationship
2024-10-30102.83102.12+0.14near the usual relationship
2024-10-29101.45103.29-0.43near the usual relationship
2024-10-28101.14103.56-0.56KNX ahead
2024-10-2598.85101.15-0.55KNX ahead
2024-10-2499.4099.98-0.16near the usual relationship
2024-10-2399.20101.52-0.56KNX ahead
2024-10-2299.29101.62-0.56KNX ahead
2024-10-21100.40100.60-0.09near the usual relationship
2024-10-18100.00100.00-0.06near the usual relationship

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 23, 2025 (JBHT -2.6%, KNX +4.7%); Oct 16, 2025 (JBHT +22.1%, KNX +6.4%); Sep 16, 2026 (JBHT -13.3%, KNX -4.0%).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

2 simulated trades to Oct 20, 2026: +7.98% per trade on average after costs, 1 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long KNX · Short JBHTMar 1, 2022Mar 28, 2022divergence stop27-$540.47-$67.36-$607.26 (-6.07%)
Long JBHT · Short KNXApr 18, 2019Oct 12, 2020converged543$2,330.58-$171.12$2,202.53 (+22.02%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

JBHT and KNX at a glance

JBHT J.B. Hunt Transport Services Inc.

Listing
Nasdaq · SEC CIK 728535
Industry
Trucking Freight/Courier Services · SIC 4213 Trucking (No Local)
Market value
$21.0B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

KNX Knight-Swift Transportation Holdings Inc.

Listing
NYSE · SEC CIK 1492691
Industry
Trucking Freight/Courier Services · SIC 4213 Trucking (No Local)
Market value
$10.3B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
UPS / JBHTWatchlistneitherTrucking Freight/Courier Services
ODFL / KNXWatchlistneitherSIC 4213 Trucking (No Local)
ODFL / JBHTWatchlistneitherTrucking Freight/Courier Services

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Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.