January 30, 2018 - Industry News
Truckload carrier Knight-Swift Transportation Tuesday reported the biggest gain in earnings seen so far this earnings season, while third-party logistics provider C.H Robinson Worldwide reported a more modest increase in profits.
Tags: Swift Transportation, Knight Transportation, C.H. Robinson, Fleet Earnings, Knight-Swift
November 6, 2017 - Industry News
Truckload and logistics provider Knight-Swift Transportation Holdings Inc. released third quarter earnings on Monday that showed a big drop in profit compared to a year ago, but the numbers do not paint an entirely accurate picture following the merger of the two truckload companies.
Tags: Swift Transportation, Knight Transportation, Fleet Earnings, Knight-Swift
July 17, 2017 - Industry News
Swift Transportation has launched the Edge program, a proprietary leadership development program designed to incubate Swift leaders.
Tags: Leadership, Swift Transportation, Emerging Leaders
June 13, 2017 - Industry News
Swift Transportation has promoted Scott Barker to vice president of driver engagement, a newly formed role at the company, in charge of providing support for the company's drivers.
Tags: Leadership, People, Swift Transportation, Driver Retention, Drivers
May 4, 2017 - Industry News
The mega-merger of Knight Transportation and Swift Transportation has moved a step closer to completion with the Federal Trade Commission granting its approval.
Tags: Mergers & Acquisitions, Swift Transportation, Knight Transportation, Knight-Swift
May 3, 2017 - Industry News
Swift Transportation has announced a new strategic marketing campaign called Swift’s Driving Force that's aimed at reaching new drivers by highlighting the company’s culture, size, and emphasis on people.
Tags: Recruiting, Driver Shortage, Swift Transportation, Online Marketing
April 24, 2017 - Industry News
Profits for two trucking operations in the first quarter of the year fell dramatically, both saying they battled a tough pricing environment and excess capacity.
Tags: Swift Transportation, Knight Transportation, Fleet Earnings, Knight-Swift, Freight Capacity
April 10, 2017 - Industry News
Swift Transportation Co. and Knight Transportation Inc. announced on April 10 that they will merge via a stock swap to form a new company, Knight-Swift Transportation. The two Phoenix, Arizona-based carriers say the new company will be the truckload industry's largest.
Tags: Mergers & Acquisitions, Swift Transportation, Knight Transportation, Truckload
March 13, 2017 - Industry News
Swift Transportation has accepted an invitation to join the Alliance for Driver Safety & Security (also known as the Trucking Alliance), which promotes safety reforms such as collision mitigation systems and speed limiters for trucks.
Tags: Driver Safety, Swift Transportation, The Trucking Alliance
January 26, 2017 - Industry News
Earnings reports from three more trucking fleets rolled in late Thursday afternoon, all showing lower earnings in the fourth quarter compared to the same time a year ago.
Tags: Economy, Heartland Express, Marten Transport, Swift Transportation, Fleet Earnings
January 11, 2017 - Industry News
An Arizona court has ruled that independent-contractor drivers were effectively and legally employees in the latest update of a class-action lawsuit against Swift Transportation.
Tags: Lawsuits, Arizona, Swift Transportation, Independent Contractors
October 25, 2016 - Industry News
At a time when many trucking companies are reporting lower third quarter earnings, Swift Transportation bucked the trend, but truck and engine maker Paccar saw its earnings fall.
Tags: Kenworth, Paccar, Peterbilt, Earnings, Paccar Financial, Swift Transportation, DAF, Fleet Earnings
September 9, 2016 - Industry News
Jerry Moyes, the founder and CEO of Swift Transportation, will retire at the end of this year, with President and COO Richard Stocking to take his place.
Tags: Retirement, Leadership, People, Swift Transportation
July 22, 2016 - Industry News
Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.
Tags: Economy, Werner Enterprises, Forward Air, Swift Transportation, Freight Rates, Fleet Earnings
July 13, 2016 - Industry News
An Arizona Court of Appeals has overturned a previous superior court ruling, allowing a more than decade old class-action lawsuit against Swift Transportation to proceed.
Tags: Lawsuits, Swift Transportation, Driver Pay
April 21, 2016 - Industry News
UPDATED -- Truckload carrier Swift Transportation Co. saw its net income decline in the first quarter of the year while profit for the time definite surface transportation and logistics provider Forward Air Corp. more than doubled as refrigerated hauler Marten Transport Ltd. reported a boost in two ways.
Tags: Economy, Earnings, Forward Air, Swift Transportation, Fleet Earnings, Marten Transport
January 25, 2016 - Industry News
One of the nation’s largest trucking companies reported improved earnings for the final quarter of last year and beating its expectations for all of 2015 while another publicly held fleet's latest three-month numbers failed to live up to its annual performance.
Tags: Economy, Covenant Transport, Swift Transportation, Covenant Transportation Group, Fleet Earnings
September 25, 2015 - Industry News
Swift Transportation has lowered projections for profits for the final two quarters of the year and for the full year, due in large part to at least one accident, legal claims and expected lower freight volume.
Tags: Economy, Swift Transportation, Fleet Earnings
July 27, 2015 - Industry News
Truckload giant Swift Transportation increased its second quarter profit by more than 20% from a year ago despite an overall downturn in revenue.
Tags: Economy, Swift Transportation, Fleet Earnings, Truckload
April 27, 2015 - Industry News
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Tags: Earnings, Swift Transportation
January 28, 2015 - Industry News
The Indiana-based trucking operation Celadon Group Inc. on Wednesday reported a near 67% increase in its net profit during its fiscal second quarter ending with the close last December.
January 12, 2015 - Industry News
Swift Transportation announced that it would partner with Spireon to bring GPS-based trailer tracking and management to dry van trailers added in 2015.
Tags: Telematics, Information Technology, Spireon, Trailer Tracking, Swift Transportation, Trailers
October 24, 2014 - Industry News
With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.
September 29, 2014 - Industry News
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: Earnings, Swift Transportation, Driver Pay, Utilization
July 25, 2014 - Industry News
Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.
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