Swift Transportation

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October 27, 2015

Earnings Watch: Swift, UPS, PAM, Roadrunner

Some of the nation’s largest fleets have reported mixed financial results or expectations as the freight environment in the third quarter has remained soft.

September 25, 2015

Swift Transportation Revises Profit Expectations

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.

July 27, 2015

Swift Profit Jumps More Than 20%

Truckload giant Swift Transportation increased its second quarter profit by more than 20% from a year ago despite an overall downturn in revenue.

April 27, 2015

Swift Transportation Triples First Quarter Profit

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.

January 28, 2015

Celadon Profit Skyrockets Almost 67%

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

Swift Deploys Telematics System on New Dry Van Trailers

Swift Transportation announced that it would partner with Spireon to bring GPS-based trailer tracking and management to dry van trailers added in 2015.

October 24, 2014

Swift Third-Quarter Profit Surges

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

Swift Affirms Third Quarter Expectations, Seeking Rate Increases

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.

July 25, 2014

Swift Transportation Profit Falls in Second Quarter

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

June 25, 2014

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.

May 19, 2014

Navistar and Swift Transportation Begin Pilot Program to Improve Fuel Economy

Navistar said it developed a specification for the International ProStar tractor that the company expects to deliver improved fuel economy results.

May 2, 2014

Teamsters Target Swift CEO Jerry Moyes' Power

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.

May 1, 2014

Swift Transportation Profit Takes A Dive

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.

April 8, 2014

Winter’s Toll Felt by 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.

January 27, 2014

Swift Transportation Income Up for 2013, Falls in Fourth Quarter

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

December 20, 2013

Swift Lowers Fourth Quarter Earnings Expectations

Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.

October 23, 2013

Swift Profit Falls Despite More Revenue

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

October 3, 2013

TCA Recognizes David Kus for Quickly Reacting to Danger

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.

August 21, 2013

Lawsuit Against Swift Transportation Certified as Class Action

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.

August 7, 2013

Swift Transportation Acquires Central Refrigerated 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.



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