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Swift Transportation is a Phoenix, Arizona-based American truckload motor shipping carrier, part of Knight-Swift. With over 23,000 trucks, it is the largest common carrier in the United States. [ 2 ] In 2017, Swift merged with Knight Transportation , also of Phoenix.
By the turn of the century, Swift was a billion dollar company. [10] In 2017, Swift and Knight Transportation merged to become known as Knight-Swift. Knight-Swift Transportation is the seventh largest trucking company in the world with $7.5 billion in annual revenue providing hauling and logistics services in the U.S., Canada, and Mexico. [11] [12]
In 2017, Knight Transportation merged with Swift Transportation [4] and Knight-Swift Transportation Holdings Inc. was formed to serve as the parent company for both carriers. In 2019, Knight-Swift settled a $100 million class-action lawsuit alleging the company failed to classify 20,000 owner-operator drivers as employees.
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The more Swift Transportation (NYS: SWFT) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders ...
The 10-second takeaway For the quarter ended Sep. 30 (Q3), Swift Transportation missed slightly on revenues and met expectations on earnings Swift Transportation Increases Sales but Misses Revenue ...
AAA Cooper Transportation (ACT) is an American, non-union less than truckload (LTL) freight carrier based in Dothan, Alabama. The company also provides dedicated, port, and international freight transportation. The company was founded in 1955 by John H. Dove after he purchased an interest in P.C. White Truck Lines.
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