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Knight-Swift Transportation Holdings Inc. KNX Cargo damage liability — Accrued Insurance
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Where this comes from
Reported directly by Knight-Swift Transportation Holdings Inc. in its filing.
Tagged under the XBRL concept us-gaap:AccruedInsuranceCurrentAndNoncurrent.
The source filing: Knight-Swift Transportation Holdings Inc.’s 10-K, filed February 19, 2026.
- Filed
- Feb 19, 2026, 12:34 PM EST
- Fiscal year
- FY2025
- Accession
- 0001492691-26-000016
| Line item | December 31, 2025 | December 31, 2024 |
|---|---|---|
| Workers’ compensation reserves | 89,825 | 87,712 |
| Third-party carrier claims reserves | 119 | 345 |
| Independent contractor claims reserves | 3,931 | 6,199 |
| Cargo damage reserves | 6,832 | 7,957 |
| Employee medical and other reserves | 33,497 | 24,872 |
| Claims accruals | 606,428 | 585,833 |
| Less: current portion of claims accruals | (246,882) | (249,953) |
| Claims accruals, less current portion | $359,546 | $335,880 |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Knight-Swift Transportation Holdings Inc.'s cargo damage liability — accrued insurance?
- Knight-Swift Transportation Holdings Inc. (KNX) reported cargo damage liability — accrued insurance of $6.83M in Q4 2025.
- How has Knight-Swift Transportation Holdings Inc.'s cargo damage liability — accrued insurance changed year-over-year?
- Knight-Swift Transportation Holdings Inc.'s cargo damage liability — accrued insurance decreased by 14.1% year-over-year, from $7.96M to $6.83M.
- What does cargo damage liability — accrued insurance mean?
- This metric represents the estimated financial liability accrued by the company to cover potential claims arising from cargo loss or damage during transit. It reflects the company's historical loss experience and actuarial projections for insurance obligations within its asset-based trucking operations. Monitoring this balance provides insight into the company's risk management effectiveness and the potential impact of claims on operating margins.
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