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.
Swift Transportation’s services include:
- convention services
- customs brokerage
- dedicated fleet
- dry van services
- heavy haul operations
- intermodal shipment
- temperature-controlled containers
Swift’s customer base includes companies from industries such as:
- consumer products
- discount retail
- food and beverage
- housing and construction
- paper products
- 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:
- Central Refrigerated Services
For more information on Swift Transportation, please refer to An investor’s guide to Swift Transportation Company.