Swift Transportation: A Company Overview




Founded in 1966 by Jerry Moyes, Swift Transportation (SWFT) has grown to be one of the top trucking companies in the US with a large, diverse fleet. It operates 60,000 trailers, more than 18,000 tractors, and 8,700 intermodal containers. The company has ~40 terminals across the US and Mexico, which are strategically located across freight centers and traffic lanes.

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Swift’s services

Swift Transportation’s services include:

  • convention services
  • customs brokerage
  • dedicated fleet
  • dry van services
  • heavy haul operations
  • intermodal shipment
  • logistics
  • temperature-controlled containers

Swift’s customer base includes companies from industries such as:

  • automotive
  • consumer products
  • discount retail
  • food and beverage
  • housing and construction
  • manufacturing
  • paper products
  • retail
  • transportation and logistics

The company’s primary customers include FedEx (FDX), The Home Depot (HD), United Parcel Service (UPS), Kraft (KRFT), Dollar Tree (DLTR), Amazon (AMZN), and Walmart (WMT). Amazon, Home Depot, Dollar Tree, and Target form 6.13%, 6.56%, 0.7%, and 2.18% of the Consumer Discretionary Select Sector SPDR (XLY) holdings, respectively.

Business segments and competitors

Swift Transportation serves its customers via its four segments:

  • Truckload
  • Dedicated
  • Central Refrigerated Services
  • Intermodal

The company’s major competitors include J.B. Hunt Transport Services (JBHT), Landstar System (LSTR), and Werner Enterprises (WERN).

For more information on Swift Transportation, please refer to An investor’s guide to Swift Transportation Company.


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