Swift CEO to retire at the end of the year

The Wall Street Journal reports that Swift Transportation Co. Chief Executive Jerry Moyes, retires at the end of the year.

The Journal writes:

“Mr. Moyes, the son of a truck driver, was among the last active members of a class of trucking magnates who came to dominate the industry after it was deregulated in the early 1980s. He started his business in 1966 with a single truck, leading Swift’s expansion into a public company with a fleet of almost 20,000 trucks and $4 billion in annual revenue.”

See the Journal’s complete story.