Swift Transportation Corp.

What Swift Transportation Corp. does

Swift Transportation Company is a wholly-owned subsidiary of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), formed through the 2017 merger of Swift Transportation and Knight Transportation. Founded in 1966 and headquartered in Phoenix, Arizona, Swift is positioned as America's largest full truckload carrier, operating across multiple service divisions including Dry Van, Refrigerated, Dedicated, Flatbed, Intermodal, Heavy Haul, and Expedited trucking services. The company serves a broad customer base ranging from general freight shippers requiring coast-to-coast capacity to enterprise customers with dedicated fleet needs, temperature-controlled shippers, intermodal customers, and third-party logistics providers. Swift also operates Swift Logistics providing freight management services and Swift Academy providing CDL training across 9 locations.

The company's operational scale includes 6,000+ company drivers, 1,000+ independent contractor owner operators, 6,700+ tractors, 48,000+ dry van trailers, 55,000+ logistics trailers, 29 terminals across 25 states, 100+ on-site locations, and coverage across 28 states and 3 Canadian provinces plus 4 Mexico offices. The technology stack includes proprietary FreightBox trailer tracking, KNX Loadboard platform for carrier load management, Netradyne Driver•i dash cameras for safety, Geotab tablets for driver workflows, and integrations with McLeod, Freightbox APIs, and Highway.com for carrier onboarding. AI deployment is limited to AI voice technologies in ATDS recruitment communications.

Swift's revenue model combines transaction-fee per-load pricing for full truckload services, percentage-based market rate pay for owner operators (up to 70%), managed services for logistics and freight brokerage, and leasing income from owner operator truck financing ($0 down lease options). The company distributes services through direct enterprise sales, dedicated sales teams, self-serve website quote requests, the OWNER load board platform, and rail partner networks (NS and BNSF). Marketing emphasizes scale, nationwide coverage, and the 60-year operational legacy, with active driver recruitment through a network of recruiters, 9 CDL academies, and multi-channel digital presence.

Name

Swift Transportation Corp.

Legal name

Swift Transportation Company

Website

https://swifttrans.com

Company type

Public

Founded year

1966

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Swift Transportation Company, a subsidiary of Knight-Swift Transportation Holdings (NYSE: KNX), is America's largest full truckload carrier operating 6,700+ tractors and 48,000+ trailers across dry van, refrigerated, dedicated, flatbed, intermodal, heavy haul, and expedited services for enterprise shippers, dedicated fleet customers, and third-party logistics providers throughout the US, Canada, and Mexico.

Ownership category

akta.pro rank

Product category

Truckload Freight Transportation and Logistics

NAICS

General Freight Trucking (4841), General Freight Trucking, Long-Distance (48412), Specialized Freight Trucking (4842), Freight Transportation Arrangement (4885)

SIC

Trucking (No Local) (4213), Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Dry Van (General Freight) TL Carriers (TLADADAA)

akta.pro secondary industries

Heavy Haul / Oversize / Specialized Equipment TL Carriers (TLADADAI), Hotshot / Sprinter Van / Straight Truck Expediting (TLADANAE)

Keywords

• Full truckload shipping
• Freight brokerage services
• Intermodal transportation
• Dedicated trucking fleets
• Owner operator leasing

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices38 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Truckload Transportation Services: Core business providing dry van, refrigerated, dedicated, flatbed, intermodal, heavy haul, and expedited trucking services. Revenue generated through transportation fees based on mileage, load type, and service requirements.
2. Owner Operator Leasing Program: Fleet leasing to owner operators with $0 down options, offering new and used Freightliner Cascadias and Kenworth T-680s. Revenue from lease payments and percentage-based pay deductions.
3. Logistics and Freight Management: Third-party carrier management, power-only drop trailer services, cross-border Mexico services, and freight brokerage through KNX Logistics Network. Revenue from logistics management fees and carrier network access.
4. Market-Based Owner Operator Pay: Percentage-based compensation (up to 70% of market rate) for owner operators. Swift retains portion of load revenue in exchange for providing freight network, load board access, and support services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Swift Transportation Corp. is America's largest full truckload carrier, providing asset-based dry van, refrigerated, dedicated, flatbed, intermodal, heavy haul, and expedited freight transportation services across the United States and Mexico. The company complements its trucking operations with a freight management and logistics arm (Swift Logistics), an Owner Operator leasing program, and a CDL training academy (Swift Academy), supported by proprietary digital platforms including the KNX Loadboard and FreightBox trailer tracking application.

Product overview

Swift Transportation operates as America's largest full truckload carrier offering a comprehensive suite of freight transportation services. The portfolio includes eight core service divisions: Dry Van, Refrigerated, Dedicated, Flatbed, Intermodal Transport, Heavy Haul, Expedited Team, and Swift Logistics. The company also operates Swift Academy for CDL training and offers an Owner Operator Program with market-based compensation. Supporting digital platforms include the KNX Loadboard for load management and FreightBox for trailer tracking. Services span domestic U.S., Canada, and Mexico operations with a combined fleet of over 6,700 tractors, 48,000 trailers, and 100+ terminal and onsite locations.

Differentiator

Problem solved

Functional benefit

Brands

• Swift Logistics: Freight management and logistics services providing reliable capacity with access to 55,000+ trailers
• Swift Owner Operator Program
• Guaranteed Pay+ Program
• Swift Academy
• Top Gun Program
• Swift Charities
• Swift Shop

Products and services

• Dry Van Services Full truckload dry van trucking and shipping services operating the nation's largest dry van fleet with over 6,700 tractors and 48,000 trailers across 29 terminals in 25 states, suitable for general freight shippers requiring coast-to-coast coverage.
• Refrigerated Services Temperature-controlled trucking services handling fresh, frozen, and temperature-sensitive freight including meats, produce, consumer goods, and pharmaceuticals, with 5 major operating centers, 800+ tractors, and 1,500+ trailers.
• Dedicated Services Custom dedicated fleet solutions operating as a customer's private fleet with 5,200+ dedicated drivers and tractors, offering dry, refrigerated, grocery, and flatbed options for enterprises requiring consistent capacity.
• Flatbed Services Flatbed trucking with diverse trailer configurations including 53' x 102" air-ride drop deck trailers and 48' x 102" flatbed aluminum trailers, with a fleet of over 350 company tractors and 850 trailers including heavy-haul capabilities.
• Intermodal Transport Intermodal transportation combining rail and over-the-road trucking for cost-effective door-to-door service across 27 intermodal hubs in 28 states and 3 Canadian provinces, with 700+ drayage drivers, 10,000+ 53' containers, and NS and BNSF railway partnerships.
• Heavy Haul Services Heavy haul solutions for overweight loads operating exclusively in the Pacific Northwest with 550+ Heavy Haul units, featuring 24' and 40' doubles trailers, 53' Quad-Axle Dry Vans, and 53' Tri-Axle Reefers with up to 62,000 lbs. gross weight capacity.
• Expedited Team Services Time-sensitive and high-value expedited freight solutions with over 2,000 expedited team power units, including JIT deliveries, CARB-compliant equipment, T2 trailer tracking, and HAZMAT-trained employees, with average tractor age less than 2 years.
• Swift Logistics Freight management and logistics services providing reliable capacity with access to 55,000+ trailers, including power-only drop trailer, cross-border Mexico operations, flatbed, refrigerated, and dry van modes with CTPAT-certified carriers.
• Owner Operator Program Owner operator leasing and business opportunity offering 70% market-based percentage pay, $0 down lease options on new and used Freightliner Cascadia and Kenworth T-680 trucks, with access to the Swift Owner Load Board and no credit checks.
• Swift Academy CDL Training CDL training program with tuition-assistance allowing students to earn a Class A CDL with little to no upfront cost across 9 academy locations, with a 26-consecutive-month driving commitment and a Top Gun advanced training program.
• KNX Loadboard Digital load board platform for carriers to book and manage loads with enhanced filtering, live tracking via McLeod and Freightbox API integration, performance scorecard, and mobile-first design, available through Highway.com for carrier onboarding.

Quantifiable outcome

• 726 million miles driven annually
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Norfolk Southern (NS)coreStrategic or Co-development PartnerKey partnership with Norfolk Southern railway allowing Swift Intermodal priority gate access at rail terminals for efficient container handling and reduced transit times.
• BNSF RailwaycoreStrategic or Co-development PartnerKey partnership with BNSF Railway enabling Swift Intermodal priority gate access and seamless rail-truck intermodal transportation solutions across North America.
• Habitat for HumanityminorOthersSwift Charity volunteers partner with Habitat for Humanity to create new homes for families in need, supporting local communities where Swift employees live.
• Ability 360minorOthersRecipient of Swift's Annual 5k Run fundraiser. Ability 360 provides personal care attendants to assist people of all ages with disabilities.

Scale indicators22 records

Recent moves6 records

Expansion highlights12 records

Direct peers

• Werner Enterprises: Werner Enterprises is a major truckload carrier offering dedicated, one-way truckload, and logistics services. Comparable to Swift's dedicated and dry van operations with similar enterprise-focused service model.
• Hub Group: Hub Group is a leading intermodal and logistics provider with significant asset-based drayage operations. Directly comparable to Swift's intermodal division with 27 hubs and 700+ drayage drivers, both serving similar rail partnerships and intermodal customers.
• Covenant Logistics Group: Covenant Logistics offers dedicated, refrigerated, and managed freight transportation services. Comparable as a mid-sized multi-modal truckload carrier with overlapping service offerings and enterprise customer focus.
• J.B. Hunt Transport Services: J.B. Hunt is a major publicly traded transportation company with strong intermodal franchise (largest in North America), dedicated, and truckload services. Highly comparable to Swift in multi-modal asset-based offerings and enterprise customer base.
• Forward Air Corporation: Forward Air provides expedited less-than-truckload, truckload, and logistics services with focus on time-sensitive freight. Comparable to Swift's expedited team services division for high-priority shipments.
• Heartland Express: Heartland Express operates asset-based irregular route truckload services with refrigerated, dry van, and logistics divisions. Comparable as a publicly traded truckload peer with overlapping freight types and customer segments.
• Schneider National: Schneider National is one of the largest truckload carriers in North America offering dry van, intermodal, dedicated, and logistics services. Directly comparable to Swift as a major multi-modal asset-based carrier serving enterprise shippers across similar freight types.
• Landstar System: Landstar is an asset-light transportation services company leveraging owner-operator capacity through a freight agent network. Comparable to Swift's owner operator program and KNX Loadboard strategy of leveraging third-party capacity.

Broad incumbents

• RXO (XPO spinoff): RXO is a major asset-light freight brokerage spun off from XPO Logistics with technology-enabled matching and managed transportation services. Comparable to Swift Logistics and KNX Loadboard as a competing third-party logistics platform for shipper capacity.

Emerging players

• Maverick USA: Maverick Transportation specializes in flatbed and heavy haul services, similar to Swift's flatbed and heavy haul divisions. Comparable niche overlap for specialized freight, though with smaller scale.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/swift.transportation
• LinkedInlinkedin.com/company/swift-transportation
• Instagraminstagram.com/knxlogistics
• Xx.com/SwiftTransport

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swift Transportation Corp.