Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.
January 25, 2011Business, Logistics
Swift Predicts Lower 1Q Earnings
Swift Transportation Co. said March 29 that its first-quarter earnings will be 5 to 8 cents per share, due to bad weather and high fuel costs at the start of the year.
March 31, 2011Business, Logistics
Swift’s Fourth-Quarter Loss Narrows
Business, Logistics
Swift Begins NYSE Trading at $11 a Share
Swift Transportation Co.’s stock began trading Thursday at $11 a share, after the company raised about $810 3 million in its initial public offering, Bloomberg reported.
December 16, 2010Business, Logistics
Swift Plans to Raise $1.01 Billion in Largest IPO for Truckload Carriers
Swift Holdings Corp., the new corporate name for carrier Swift Transportation, said it plans to raise as much as $1.01 billion this month in an initial public offering of shares that could be the largest ever for a truckload fleet.
December 6, 2010Business, Logistics
Swift IPO Set for This Month Could Top $1 Billion
Swift Holdings Corp. said it plans to raise as much as $1.01 billion in an initial public offering this month that could be the largest ever for a truckload fleet.
December 2, 2010Business, Logistics
Mileage Lawsuit Involving Swift Transportation May Proceed as Class Action, Judge Rules
A lawsuit in Phoenix involving truckload carrier Swift Transportation Co. and mileage calculations reignites the topic of how carriers, shippers and drivers compute distance driven and then bill for it.
November 15, 2010Business, Logistics
Swift Files With SEC to Take Firm Public
Truckload carrier Swift Transportation could be returning to the ranks of the publicly traded trucking companies, according to a registration statement filed last week, a move that could allow the sale of as much as $700 million in stock.
July 26, 2010Business, Logistics
Swift Files Registration for IPO
Swift Corp. said its wholly owned subsidiary Swift Holdings Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
July 22, 2010