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Community portal; Recent changes; Upload file; Search. ... Swift Transportation is a Phoenix, ... (12,300 tractors by company drivers and 3,900 owner-operator ...
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.
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]
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The Moyes had a long history in trucking having co-founded Swift Transportation with their father in 1966 and overseen its growth to one of the largest carriers in the US. When CFL was re-established on June 30, 1997 with Hall as president, Jerry Moyes was its principal stockholder and the Moyes' together owned a significant portion of the new ...
On July 5, 2021, the largest truckload carrier in the US, Phoenix, Arizona-based Knight-Swift Transportation Holdings, acquired AAA Cooper for US$1.35 billion. ACT CEO Reid Dove was appointed to the Knight-Swift board with ACT continuing under its own brand from its existing headquarters as a subsidiary of Knight-Swift. [4]
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Woolley also co-owns Swift Air, another Part 121 carrier, in association with Swift Transportation, and is the owner of KMW Leasing, an aircraft leasing firm. Paul Kraus (50%) - owner of Jet Midwest Group, an aircraft leasing firm. After a successful bankruptcy restructuring in 2017, Dynamic Airways was owned by Olga Alauof (70%) and Woolley (30%).