Fleet Management

Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.

Tags: Fleets, Earnings, Swift Transportation

A Teamsters Union proposal that it says addresses trucking company Swift Transportation’s “dual class stock structure” is getting a boost from the country’s largest proxy voting advisory firm.

Tags: Fleets, Teamsters, Swift Transportation, Central Refrigerated Transportation, Labor Unions

The Arizona-based company reported net income of $12.3 million, or nine cents per diluted share, compared to first quarter 2013 profit of $30.3 million, or 21 cents per diluted share.

Tags: Fleets, Earnings, Swift Transportation

Trucking company giant Swift Transportation is warning its first quarter earnings will be lower than it previously expected, between 11 cents and 13 cents per share.

Tags: Fleets, Earnings, Swift Transportation

Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.

Tags: Fleets, Earnings, Swift Transportation, Fleet Financials

Profit for Arizona-based Swift Transportation fell in the third quarter of the year despite doing more business.

Tags: Earnings, Swift Transportation, Central Refrigerated Transportation

The Truckload Carriers Association has announced the name of its latest Highway Angel: David Kus of Fredericksburg, Penn., who drives for Swift Transportation. Kus is being recognized for acting quickly when a fellow motorist had an accident and then inadvertently put himself in more danger.

Tags: TCA, TCA Highway Angel, Swift Transportation

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

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

Swift Transportation is facing a class action lawsuit for allegedly violating the Fair Credit Reporting Act in how it conducted background checks. The suit says more than 10,000 applicants were affected.

Tags: Drivers, Swift Transportation, Fair Credit Reporting Act, Litigation

The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.

Tags: Fleet Financials, Earnings, Swift Transportation, Fleets