swift News Updates

Business, Logistics

Swift Earnings to Trail Forecast, Guidance

Swift Transportation Co. said its third-quarter and full-year results will lag analyst forecasts and its own profit guidance because of costs from past accidents and weaker freight volumes in the fourth quarter.

September 25, 2015
Business, Logistics

Swift Amends Credit, Term Loans

Swift Transportation Co. has amended its credit agreement to add $150 million to its revolving credit facility and revised term loans, the company announced in a Securities and Exchange Commission filing.

August 3, 2015
Business, Logistics

Swift Posts Higher 3Q Profit

Swift Transportation Co. said its third-quarter net income climbed to $50.2 million, or 35 cents per share, from $30 million, or 21 cents, a year earlier.

October 24, 2014
Business, Logistics

Swift Execs Skip Conference as Phoenix Floods

Executives from Swift Transportation Co., scheduled to make a presentation at a Las Vegas conference, were forced to cancel due to record floods in Phoenix, where the company is based.

September 9, 2014
Business, Logistics

Swift Transportation Net Dips 19%

Swift Transportation Co. said net income slipped 19% to $40.2 million, hurt by weaker profit margins at its dedicated and refrigerated units.

July 25, 2014
Business, Logistics

Swift Reports Lower First-Quarter Profit

Swift Transportation Co. reported its first-quarter net income fell 59% to $12.3 million, or 9 cents per share, as winter weather drove down profits.

April 25, 2014
Business, Logistics

Swift Says Weather Will Affect 1Q Earnings

Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.

April 8, 2014
Business, Logistics

Swift’s Net Income Falls in 4Q

Swift Transportation Co. said its fourth-quarter profit fell as expenses such as salaries, supplies and claims increased.

January 27, 2014
Business, Logistics

Swift Lowers 4Q Profit Expectations

Swift Transportation Co. said it will earn a profit of 33 cents to 36 cents per share in the fourth quarter, lower than its estimate of 40 cents.

December 20, 2013
Business, Logistics

Swift Reports Lower 3Q Net Income

Swift Transportation Co. reported its third-quarter profit declined from a year ago on “less than ideal market conditions.â€

October 23, 2013