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Swift Transportation became public again on December 16, 2010, trading on the New York Stock Exchange (NYSE). [19] The company offered 73,300,000 shares at $11.00 per share, raising almost $766 million, with the proceeds used for debt reduction.
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.
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 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 ...
Swift Transportation (NYS: SWFT) reported earnings on Jan. 25. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Swift Transportation met ...
Stock name Symbol Country of origin ... Swift Energy Co. SFY: US Swift Transportation: SWFT: US SWS Group, Inc. SWS: US Symetra: SYA: US Symmetry Medical Inc. SMA: US
Knight-Swift Transportation Holdings Inc. (KNX) completed the acquisition of AAA Cooper Transportation for an enterprise value of $1.35 billion and will firmly position KNX in the less-than ...
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]