• Swift's 1Q earnings slip

    Swift Transportation Co. Inc. yesterday reported a drop in quarterly earnings, which it blamed on higher fuel prices and harsh winter weather. The Phoenix-based carrier posted a first-quarter net profit of $8.9 million compared to a net profit of $9.4 million in the same period last year. First-quarter revenue increased 15.9% to $551.3 million, compared with $475.8 million for the corresponding quarter
    April 30, 2003
    Swift Transportation Co. Inc. yesterday reported a drop in quarterly earnings, which it blamed on higher fuel prices and harsh winter weather.

    The Phoenix-based carrier posted a first-quarter net profit of $8.9 million compared to a net profit of $9.4 million in the same period last year.

    First-quarter revenue increased 15.9% to $551.3 million, compared with $475.8 million for the corresponding quarter of 2002. However, the first quarter of this year includes $23.1 million of fuel surcharge revenue versus $2.7 million in 2002.

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Continue Reading

    Michelin introduces Michelin X Force Winter and Michelin X Force ZL Tires
    Roeth: Private fleets advancing sustainability

    Sponsored Recommendations

    Keep Your Trucks Rolling A Guide for Trucking Companies Who Want to Maximize Uptime
    Efficient Fleet Maintenance: Accelerating Oil Change Services
    Master the Habits of Successful Fleet Managers
    Camera technology sharpens risk focus for fleets
    Sign up for our free eNewsletters

    Latest from News

    Oxy
    Occidental Chemical, known as OxyChem, produces indispensable chemicals internationally. This small private fleet covers about 2.5 million miles annually, delivering products to customers across the U.S.
    Members Only
    Leadership and training turned this chemical bulk hauler into one of the safest fleets in the U.S. Intensive training and experience pay off for Oxy's Occidental Chemical transportation...
    249455233 | Siwakorn Klomwinyarn | Dreamstime.com
    trucking internal promotions
    By recognizing and developing your internal talent today, you lay the foundation for stronger, smarter fleet operations tomorrow.
    ID 119046131 © Jonathan Weiss | Dreamstime.com
    English language proficiency support
    A FleetOwner survey illustrates how industry readers view the government renewed English language proficiency enforcement. Respondents overwhelmingly support ELP in out-of-service...

    Most Read

    A century of historic trucks: Restored models from ATHS
    2025 FleetOwner 500: Private fleets with the most tractors
    CRH acquires California-based companies BoDean and Northgate Ready Mix

    Sponsored

    Learn toll basics to help your fleet unlock efficiency, savings, and productivity
    Enhance Student Transportation Safety
    Next-Gen Fleet Efficiency: AI & Beyond
    FleetOwner helps commercial fleet executives and maintenance managers who oversee the operations of five or more vehicles. FleetOwner's award-winning editorial and veteran sales staff help trucking industry leaders improve operations and vehicle maintenance and better understand industry regulations and emerging transportation technology. Engaging more than half a million commercial vehicle professionals every month, FleetOwner maintains the largest audience of commercial truck fleet executives available to the industry. Endeavor Business Media Commercial Vehicle Group affiliates Fleet Maintenance, Bulk Transporter, Trailer|Body Builders, Refrigerated Transporter, and For the Driver help FleetOwner reach the entire North American over-the-road transportation and freight industries.
    Newsletters
    The top stories, industry insights and relevant research, assembled by our editors and delivered to your inbox.
    Connect
    Follow us for the latest industry news and insights.
    https://www.facebook.com/fleetowner
    https://www.linkedin.com/company/fleetowner/
    https://twitter.com/fleetowner
    Affiliated Brands
    © 2025 All rights reserved.