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.”