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Swift Logistics history
Swift Logistics company history timeline
In 1995 Swift started construction of a $16 million, 80-acre terminal and headquarters facility in Phoenix.
Late in 1996 Swift announced a secondary stock offering of a total of 3.5 million shares, one million of which came from Jerry Moyes.
1996: The dry freight division of Navajo Shippers, Inc. is bought.
Also during 1997, Jerry Moyes and his brother Ronald provided financing for the management-led buyout of Central Freight Lines, a deal that did not involve Swift itself.
The year 1998 also saw the company raise its mandated speed limit to 60 mph for single drivers, 62 mph for teams, and 65 for owner/operators.
In March 2000 a joint venture involving six of the top public trucking companies was announced.
2000: Swift and five other truckers form online logistics firm Transplace.com; company buys a 49 percent stake in Trans-Mex, Inc. of Mexico.
In 2001, the acquisition of M.S. Carriers expanded the company’s service offerings.
S.A. de C.V. The company planned to acquire the remainder of the firm by the year 2004, when United States laws restricting ownership of Mexican companies were to change.
He stepped down as Swift CEO in 2005 after an insider-trading case in which he admitted to no wrongdoing but paid $1.5 million to settle with the SEC. A year later a lawsuit, ultimately dismissed, sought to make him repay $110 million he borrowed from a trust set up for his children.
In 2010, the company restructured its balance sheet.
After 2012, Swift started reaping benefits.
Wiseman, playing first game since April 2021, looks good in Summer League 5.
Wiseman, playing first game since April 2021, looks good in Summer League
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Swift Logistics competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Freight Management | 2000 | $10.1M | 50 | - |
| CAP Logistics | 1982 | $5.7M | 75 | - |
| Aries Worldwide Logistics | 1984 | $61.0M | 750 | - |
| Master's Transportation | - | $270,000 | 7 | 2 |
| Mobile Mini | 1983 | $593.0M | 2,000 | - |
| Alaskan Diesel Electric | - | $70,000 | 2 | - |
| Legacy Transportation Services | 1990 | $54.4M | 100 | 17 |
| Piedmont National | 1950 | $154.5M | 100 | 6 |
| Bayshore Moving & Storage | 1973 | $8.3M | 300 | - |
| FELLERS | - | $58.0M | 206 | 7 |
Swift Logistics history FAQs
Zippia gives an in-depth look into the details of Swift Logistics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Swift Logistics. The employee data is based on information from people who have self-reported their past or current employments at Swift Logistics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Swift Logistics. The data presented on this page does not represent the view of Swift Logistics and its employees or that of Zippia.
Swift Logistics may also be known as or be related to Swift Logistics, Swift Logistics (Pvt) Limited, Swift Logistics Co Inc and Swift Logistics, Llc.