
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.
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Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.
Read More →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.
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Profit for Arizona-based Swift Transportation fell in the third quarter of the year despite doing more business.
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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.
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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.
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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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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.
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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.
Read More →Swift Transportation, a mainly truckload carrier, saw its first quarter profit jump much higher while earnings also increased from the same time a year ago.
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