Swift Makes Its Case to Investors, Law Firms Pile On
Swift Transportation Co. Inc. will try to raise rates to help improve margins, the trucking company's vice corporate controller Steve Attwood said Tuesday on a Web cast of the Robert W. Baird Industrial Conference in Chicago
Swift Transportation Co. Inc. will try to raise rates to help improve margins, the trucking company's vice corporate controller Steve Attwood said Tuesday on a Web cast of the Robert W. Baird Industrial Conference in Chicago.
"We haven't fully taken advantage of an opportunity that was there," Attwood said, adding that many of the company's contracts are coming due in the next couple of quarters. Attwood said the company expects future growth to come internally -- through better execution and by securing better rate agreements with shippers, which include major retailers.
Attwood’s remarks to the investment community came in the context of a U.S. Securities and Exchange Commission investigation of stock trades at the company and a class-action lawsuit filed Friday by a New York law firm on behalf of certain shareholders. A Connecticut firm announced a similar suit Monday, and yesterday a Pennsylvania firm piled on.
More Drivers
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
When Language Stops the Truck: The Return of ELP Out-of-Service Orders
English language proficiency rules for commercial drivers aren’t new, but renewed out-of-service enforcement has raised the stakes. Here’s what carriers need to know before a driver reaches a roadside inspection.
Read More →
Samsara Launches Custom AI Agent Builder
Agent Studio lets fleets create AI tools for hours-of-service monitoring, reporting and driver support, including agents that communicate by phone.
Read More →
Trucker Path Expands Reserved Parking Network
Trucker Path has added close to 6,000 more truck parking spaces to its Trucker Path Reserved Parking Network with the addition of Safe Truck Parking.
Read More →
EEOC Sues Texas Trucking Company Over Driver Age Limits
The agency says Trancasa USA rejected applicants over 65 and applied tougher driving-record standards to those over 60.
Read More →
Nussbaum, Roehl Announce Second Driver Pay Increase This Year
This year has seen a swath of major truck driver pay increases as freight capacity has tightened.
Read More →
From One Generation to the Next: How Mentorship Builds Safer Truck Drivers
After three decades in trucking, Harold Perry shares what he's learned about driver safety, mentorship, and helping the next generation build confidence behind the wheel.
Read More →
Truck Drivers Need More Than Another Alert
Fleets have more visibility into truck health, safety events, and driver activity than ever. The next challenge is turning all that information into useful guidance for the person who has to decide what to do next.
Read More →
FMCSA Removes 110 Truck Driver Training Schools from Certified ELDT List
Federal regulators also are targeting more than 160 additional training providers and launching a nationwide audit of third-party CDL skills testers as part of a broader crackdown on trucking fraud.
Read More →
Hours of Service Pilot Programs: FMCSA Readies for 2027 Rollout
Two pilot programs could eventually reshape hours-of-service rules, giving truck drivers options to pause their 14-hour clock or use longer split sleeper rest periods.
Read More →