The Online Investor
Trucking M&A image Trucking M&A » By The Online Investor Staff, updated Thu., Aug. 6, 6:49 AM Recent mergers and acquisitions in the Trucking M&A category.

Slide #12. Swift Transportation Company Central Refrigerated Transportation, Inc.

Acquirer: Swift Transportation Company (SWFT)
Acquiree: Central Refrigerated Transportation, Inc.
Details: Swift Transportation Company ("Swift") (NYSE:SWFT">SWFT) announced that today it acquired privately held Central Refrigerated Transportation, Inc. ("Central"), a leading provider of refrigerated trucking services, in a transaction valued at $225 million, including approximately $189 million in cash and $36 million of assumed capital lease obligations and other financial debt. Headquartered in West Valley City, Utah, Central is a premium service truckload carrier specializing in temperature-controlled freight transportation. Central is the fifth-largest provider of temperature-controlled truckload services in the U.S., generating $504 million of revenue and $50 million of EBITDA over the twelve months ended June 30, 2013.

Swift Transportation is a transportation services company. Co. has four segments: Truckload, which consists of one-way movements over irregular routes throughout the U.S., Mexico and Canada; Dedicated, which uses its equipment to specific customers and provides tailored solutions under contracts; Swift Refrigerated, which consists of shipments for customers that require temperature-controlled trailers; and Intermodal, which moves freight over the rail in its containers or other trailing equipment. As of Dec 31 2016, Co.'s fleet was comprised of 13,937 company tractors and 4,429 owner-operator tractors, as well as 64,066 trailers and 9,131 intermodal containers.

Open the SWFT Page at The Online Investor »

Company Name: 
Swift Transportation Company
Stock buyback: 
SWFT buyback
Sector: 
Trucking
 

Open the SWFT Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Buy (3.20 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Trucking M&A - Slide 12 of 17 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.