Last $25.13 USD
Change Today +0.10 / 0.40%
Volume 1.3M
As of 8:04 PM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

swift transportation co (SWFT) Snapshot

Open
$25.16
Previous Close
$25.03
Day High
$25.30
Day Low
$24.91
52 Week High
03/7/14 - $26.71
52 Week Low
07/24/13 - $16.23
Market Cap
3.5B
Average Volume 10 Days
1.1M
EPS TTM
$0.86
Shares Outstanding
88.8M
EX-Date
--
P/E TM
29.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for SWIFT TRANSPORTATION CO (SWFT)

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swift transportation co (SWFT) Details

Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Central Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Central Refrigerated segment primarily offers shipments for customers who require temperature-controlled trailers. These shipments include one-way movements over irregular routes, and dedicated truck operations, as well as intermodal trailer on flat car and third party logistics loads. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides transport service to loads between the railheads and customer locations. The company also offes freight brokerage and logistics management services, as well as support services to its customers and owner-operators, which include shop maintenance, equipment leasing, and insurance. As of December 31, 2013, Swift Transportation Company operated a tractor fleet of approximately 18,000 units, including 12,800 tractors driven by company drivers and 5,200 owner-operator tractors; a fleet of 57,300 trailers; and 8,700 intermodal containers from 40 terminals positioned near freight centers and traffic lanes in the United States and Mexico. It serves various customers primarily in the retail, discount retail, consumer products, food and beverage, manufacturing, and transportation and logistics industries. The company was formerly known Swift Holdings Corp. Swift Transportation Company was founded in 1966 and is headquartered in Phoenix, Arizona.

19,600 Employees
Last Reported Date: 02/28/14
Founded in 1966

swift transportation co (SWFT) Top Compensated Officers

Founder, Chief Executive Officer and Director
Total Annual Compensation: $600.0K
President and Chief Operating Officer
Total Annual Compensation: $510.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $331.8K
Executive Vice President, General Counsel and...
Total Annual Compensation: $257.2K
Executive Vice President of Fleet Operations
Total Annual Compensation: $255.2K
Compensation as of Fiscal Year 2013.

swift transportation co (SWFT) Key Developments

Swift Transportation Company to Replace Existing Senior Secured Credit Facility with an Amended and Restated Senior Secured Credit Facility

Swift Transportation Company initiated the process to replace its existing senior secured credit facility with an amended and restated senior secured credit facility. The Amended and Restated Credit Facility is expected to include a $450 million revolving credit facility maturing in 2019, a $450 million delayed-draw first lien term loan A tranche maturing in 2019 and a $450 million first lien term loan B tranche maturing in 2019. The purpose of the Amended and Restated Credit Facility is to reduce interest rates and improve certain other terms in a manner consistent with Swift's improved credit profile, as well as to extend the maturities of the Existing Credit Facility. Proceeds from the first lien term loan B tranche under the Amended and Restated Credit Facility will be used to repay the company's existing the first lien term loan B-1 and B-2 tranches under its Existing Credit Facility. The first lien term loan A tranche is expected to remain undrawn at the close while the company anticipates utilizing the delayed-draw feature to redeem its existing 10.0% Senior Secured Second Lien Notes on or before December 31, 2014. The Amended and Restated Facility is expected to close on June 9, 2014, subject to customary closing conditions. There can be no assurance that the company will be able to affect the foregoing credit facility changes, and the final terms may differ from current expectations.

Swift Transportation Company Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter and Full Year 2014

Swift Transportation Company announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating revenue of $1,008,446,000 against $981,608,000 a year ago. Operating income was $46,170,000 against $69,718,000 a year ago. Income before income taxes was $20,009,000 against $44,979,000 a year ago. Net income was $12,305,000 or $0.09 per basic and diluted share against $30,292,000 or $0.21 per diluted share a year ago. Adjusted EPS was $0.12 against $0.24 a year ago. Adjusted income before income taxes per share was $0.19 against $0.38 a year ago. Adjusted operating income was $50,082,000 against $73,630,000 a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $104,500,000 against $130,386,000 a year ago. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were $108,474,000 against $136,035,000 a year ago. Net cash provided by operating activities was $76,157,000 against $110,802,000 a year ago. Capital expenditures were $60,058,000 against $61,795,000 a year ago. For the second quarter 2014, the company expects adjusted EPS will be in the range of $0.30-$0.35. For the year 2014, the company expects adjusted EPS to be in the range of $1.31-$1.41. Net cash capital expenditures to be approximately $220 to $250 million which is consistent with the guidance given previously.

Swift Transportation Company - Analyst/Investor Day

Swift Transportation Company - Analyst/Investor Day

 

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