Drivers

Swift Transportation

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September 29, 2014 - Industry News

Swift Affirms Third Quarter Expectations, Seeking Rate Increases

Photo: Evan Lockridge

Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.

Tags: Fleets, Earnings, Swift Transportation, Driver Pay, Fleet Utilization

June 25, 2014 - Industry News

Supreme Court Declines to Review Case Involving Swift Truckers

The U.S. Supreme Court has denied a petition by the trucking company Swift Transportation to review a lower court ruling against the company involving independent contractor driver leases.

Tags: Drivers, Owner-Operators, Litigation, Swift Transportation

August 21, 2013 - Industry News

Lawsuit Against Swift Transportation Certified as Class Action

Swift potentially faces claims from drivers over how they were paid. Photo: Evan Lockridge

More than nine years after a suit was first filed against the carrier Swift Transportation, over claims it cheated drivers out of compensation, it has been certified as a class action.

Tags: Drivers, Fleets, Litigation, Swift Transportation

August 7, 2013 - Industry News

Swift Transportation Acquires Central Refrigerated Transportation

Photo: Evan Lockridge

Swift Transportation announced that it acquired privately held Central Refrigerated Transportation, a provider of refrigerated trucking services, in a transaction valued at $225 million, including approximately $189 million in cash and $36 million of assumed capital lease obligations and other financial debt.

Tags: Mergers & Acquisitions, Swift Transportation, Central Refrigerated Transportation

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