Jerry Moyes has completed his $2.6-billion acquisition of Swift Transportation, the company he founded formerly served as chairman & CEO.
“I am confident that as a private company, Swift will be better positioned to operate in today’s highly competitive trucking industry,” Moyes said. “With the 25,000 hard working and dedicated Swift employees and independent contractor drivers, we will build upon Swift’s unique legacy and further position this great company for continued growth and success.”
Earlier this week, Moyes chose Ramino Peru to be executive vp & CFO of Swift.