A widespread terminal network
Swift Transportation’s (SWFT) geographic and industrial spread is huge. It reaches its customers through its strong network of more than 40 terminals. The terminals are spread across the length and breadth of the US and Mexico. As shown below, you can see the geographic spread of the company’s service terminals.
These service terminals are all full-service facilities. They’re strategically positioned to reach customers in the fastest time. Swift owns 100% of Trans-Mex. It’s based in Nuevo Laredo, Mexico. Through Trans-Mex, Swift offers full-fledged, cross-border services at all of the major Mexican border crossings. It also maintains a presence in major Canadian provinces. It’s exploring opportunities in this area.
Swift provides its drivers with comfort zones if they wish to travel closer to their home. This helps the company retain its drivers. Retaining drivers is a key strength in the trucking industry.
Swift transports products from a diverse range of industries. It caters to a large number of customers from various industries—like retail, food and beverage, transportation and logistics, housing and construction, paper products, discount retail, manufacturing, automotive, and consumer products.
As you can see in the above chart, Swift’s maximum revenue came from the food and beverage industry. It was followed by the discount retail industry.
Swift provides services to many top companies—like FedEx (FDX), Dollar Tree, The Home Depot (HD), United Parcel Service (UPS), Kraft (KRFT), Procter & Gamble (PG), Michelin, Kohl’s (KSS), Amazon (AMZN), Walmart (WMT), Target, Owens Corning (OC), Sears (SHLD), and Georgia-Pacific, Crown. This speaks volumes about the company’s reach and stature.
The Home Depot is part of the Consumer Discretionary Select Sector Index (XLY).
In the next part of this series, we’ll look at Swift’s financial performance in more detail.