{"id":172,"date":"2007-01-22T12:13:58","date_gmt":"2007-01-22T17:13:58","guid":{"rendered":"http:\/\/at-scm.com\/index.php\/2007\/01\/22\/logistics\/former-chairman-and-ceo-set-to-buy-back-swift-transportation\/"},"modified":"2007-01-22T12:14:04","modified_gmt":"2007-01-22T17:14:04","slug":"former-chairman-and-ceo-set-to-buy-back-swift-transportation","status":"publish","type":"post","link":"http:\/\/at-scm.com\/index.php\/2007\/01\/22\/logistics\/former-chairman-and-ceo-set-to-buy-back-swift-transportation\/","title":{"rendered":"Former chairman and CEO set to buy back Swift Transportation"},"content":{"rendered":"<p><a href=\"http:\/\/www.logisticsmgmt.com\/\" title=\"Logistics Management\" target=\"_blank\">Logistics Management<\/a> reports on the <a href=\"http:\/\/www.logisticsmgmt.com\/article\/CA6408901.html?rssid=54\" title=\"goings on with Swift Transportation\" target=\"_blank\">goings on with Swift Transportation<\/a> (going on since November 2006 if I remember right). <\/p>\n<blockquote><p>After an unsuccessful attempt to buy truckload carrier Swift Transportation Co. Inc. in November, a group led by the company&#8217;s former chairman and CEO Jerry Moyes has entered into a definitive merger agreement to acquire Swift in an all-cash transaction for approximately $2.74 billion<\/p><\/blockquote>\n<p>And he&#8217;s taking it private?<\/p>\n<blockquote><p>&#8220;Swift has evolved into the operator of the largest truckload fleet in the United States with a dedicated and energetic team of employees, over 17,900 trucks and nearly $3.2 billion in revenues,&#8221; said Noyes in a statement. &#8220;I am extremely pleased to have reached this agreement with Swift and look forward to building on the unique Swift legacy that has positioned the Company for continued growth and success.&#8221;<\/p><\/blockquote>\n<p>What can I say? &#8220;A swift end to a public Swift truckload carrier.&#8221;<\/p>\n<p><small> Tags: <a rel=\"tag\" href=\"http:\/\/technorati.com\/tag\/Swift Transportation\">Swift Transportation<\/a>, <a rel=\"tag\" href=\"http:\/\/technorati.com\/tag\/Jerry Noyes\">Jerry Noyes<\/a>, <a rel=\"tag\" href=\"http:\/\/technorati.com\/tag\/Swift is going private\">Swift is going private<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Logistics Management reports on the goings on with Swift Transportation (going on since November 2006 if I remember right). After an unsuccessful attempt to buy truckload carrier Swift Transportation Co. Inc. in November, a group led by the company&#8217;s former chairman and CEO Jerry Moyes has entered into a definitive merger agreement to acquire Swift [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-172","post","type-post","status-publish","format-standard","hentry","category-logistics"],"_links":{"self":[{"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/posts\/172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/comments?post=172"}],"version-history":[{"count":0,"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/posts\/172\/revisions"}],"wp:attachment":[{"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/media?parent=172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/categories?post=172"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/at-scm.com\/index.php\/wp-json\/wp\/v2\/tags?post=172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. The constant WPCACHEHOME must be set in the file wp-config.php and point at the WP Super Cache plugin directory. -->