Who owns swift transportation

Swift located its terminals near its most important clients as well, and often assigned administrative employees to a single account to make sure that these customers had their needs met in full. Swift's growth was rapid during the early s.

Swift's planned acquisition of Vernon Milling Co. During the summer of Swift was reincorporated in Nevada from Delaware to take advantage of the desert state's more favorable tax laws.

The company maintained a headquarters site in Sparks, Nevada, but continued to be run out of Phoenix. The year saw Swift add two more trucking firms to its stable. Joseph, Missouri. The company also purchased East-West Transportation, Inc. East-West owned tractors and trailers, and counted International Paper Co. Forbes magazine named the firm one of the best small companies in the United States for the second year running.

The site would house Swift's administrative offices, facilities for training and truck maintenance, a convenience store and restaurant, and space for drivers to shower and rest. The deal brought the company Navajo's terminal in Pueblo, Colorado, and trailer vans.

Leases on tractors were also taken over. Swift also was becoming involved in "intermodal" transport, which consisted of partial shipment by rail.

The company ran a train between Los Angeles and Portland, Oregon, once a week, which shipped specialized containers that could be offloaded and then trucked to their final destination. Late in Swift announced a secondary stock offering of a total of 3. This followed additional growth in the share price, which had increased nearly 75 percent in value in a year's time.

After the sale Moyes would still own some 30 percent of the company's stock, with another 15 percent held by a family trust. Soon after this another acquisition was announced, that of a portion of the assets of the bankrupt Direct Transit, Inc. Direct had earlier been in line for acquisition by leading U.

Also during , Jerry Moyes and his brother Ronald provided financing for the management-led buyout of Central Freight Lines, a deal that did not involve Swift itself. Knight shareholders OK Swift merger.

Knight looks ready to go hostile on acquisition of USA Truck. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From to , he worked in Washington as a reporter for the Journal of Commerce , covering the aviation and trucking industries, the Department of Transportation, Congress and the U.

Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From to , Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in with a B. Off the rails.

Freight rate spikes shaking up the C-suite. Report Abusive Comment Thank you for helping us to improve our forums. Is this comment offensive? Subscribe Become a member Sign up for newsletters. Company Information. Follow Swift Transportation. Swift Transportation in the News. The merger of two Phoenix, Az. Swift said it expects to the merger to close today. Outside of work, Kevin and his wife ' s greatest memories have been with their family, including spending time in the mountains or sand dunes.

They also love spending time serving with their church group and community. Kevin also speaks Mandarin Chinese, although it is a little rusty since it has been a few decades since he lived in Taiwan and used it daily!

Following the merger with Knight Transportation in September , Mr. Prior to Knight-Swift, Mr. Ruchensky holds a B. Away from work, Mike enjoys spending time with his wife and family, playing a little golf and, of course, following his beloved Broncos, Jayhawks, and Royals. Rachel Monti joined Swift Transportation in May , beginning her tenure in pricing, after which she helped lead quality assurance ISO certification efforts.

Starting in , Ms. Monti began serving in human resource positions of increasing responsibility. She holds multiple professional certifications in the human resources specialty. Having always been an avid traveler, Rachel finds it hard to stay in one place. Close to home, she often explores Arizona ' s hiking trails or witnesses the amazing beauty of its scenery by motorcycle. When she has free time, her passion is traveling within the U. Rachel loves to experience other places and traditions because it expands her appreciation of diverse cultures as well as her own.

Her record for the longest single flight so far is a little over 16 hours traveling to Australia. Fitzsimmons joined Swift in and has held numerous leadership positions. Before his current position, Mr. Jim enjoys spending time with his beautiful wife and their three teenagers at the lake, off-roading or just relaxing at the house. Tim Harrington joined Swift in Harrington served as Regional Vice President of Sales from to and from to From to , Mr.

Harrington served as Vice President of Network Operations. Before these roles, Mr. Harrington served in several leadership positions in sales and operations. Harrington earned his bachelor's degree from the University of South Dakota. During his year Swift career, he has also held executive leadership roles in both Dedicated and Linehaul Operations, including stints as V.

Customer Service, V. Network Capacity Management, V. Western Operations, and V.