Swift Offering Cross-Border Intermodal Service
Swift Transportation announced a new Intermodal container service into and out of Mexico
Swift Transportation announced a new Intermodal container service into and out of Mexico.
The COFC network will service between the US and North Eastern Mexico, Central Mexico, Guadalajara, and Mexico City areas. This value-added service is in conjunction with our rail partner, Kansas City Southern Railroad, and their subsidiary, Kansas City Southern de Mexico Railroad.
Swift's new COFC intermodal product expands service to and from Mexico in domestic containers (COFC) covering all major centers in North America. Swift will continue to offer existing Trailer on Flat Car (TOFC) products to and from Mexico. These two intermodal products serve to complement our large, rapidly growing over the road cross-border business operated in conjunction with Trans-Mex LLC. Trans-Mex is a wholly owned subsidiary of Swift in Mexico running 650 trucks, 10 terminals, almost 1000 employees and operations at all major border crossings and throughout Mexico. Trans-Mex is one of the largest cross-border truckload carriers between Mexico and the United States.
The Mexico COFC service will further drive our COFC growth rates that continue to exceed industry averages in 2011. Swift Transportation currently owns over 6000 53' intermodal containers with GPS satellite tracking.
Richard Stocking, President, Swift Transportation, said, "The expansion of the COFC product to and from Mexico completes our COFC geographic footprint and permits Swift to capitalize on considerable advantages in the cross-border (Mexico -- US) segment. The entire Swift team is excited to add value to our customers through constant innovation and new product launches. Swift is committed to our best-in-class philosophy and we are aligned to achieve greatness."
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