Wednesday, January 26, 2011

Swift Transportation is on right track

"In its first earnings report since going public again, Swift Transportation Co. on Tuesday reported a $48 million loss, or 66 cents a share, for the fourth quarter.

That is considerably better than the loss of $357 million, or $5.94 a share, in the fourth quarter of 2009, when the Phoenix-based trucking company caught the brunt of a slowdown in manufacturing and trade during the recession."