Long-Friendly Families to Unite in Truck Merger
An interesting article written by Paul Page, author for the Wall Street Journal about how Swift and Knight bring together Jerry Moyes and Knight executives after decades of business dealing.
Jerry Moyes taught the Knight family the trucking business three decades ago. Now the Knights plan to show the founder of Swift Transportation Co. how to fix his company.
Swift and Knight Transportation Inc. said Monday they would merge. Although Swift is four times bigger than its fellow Phoenix-based trucker in revenue, trucks and drivers, it will be Knight executives running the combined business.
The reason: Knight has a…
To read the article in its entirety you must be a subscriber to the Wall Street Journal’s online offering which you can subscribe to here for a nominal fee. For the full article you can visit the Wall Street Journal page here.