Did JBS Buy Swift Transportation

Answer 1

No, Swift Transportation has not been bought out, and JBS doesn't have the clout to buy out Swift. The confusion comes from a story about the origins of the Swift name. Although Swift's official story on their website doesn't acknowledge this, Swift Transportation was founded before industry deregulation (which occurred in 1980). Rather than going through the hassle of obtaining operating authority on his own, he simply bought out the operating authority of an existing company, which was the trucking division of the Swift Meat Packing Company (now an integral part of JB Swift and Co., otherwise known as JBS). I cannot speak for the accuracy of this story, but it is one of the stories out here in the rumor mill, and may be the cause of your confusion as to the ownership of Swift Transportation. JBS Carriers is a truckload carrier formed under the umbrella of JB Swift and Company. It is domiciled in Greeley, Colorado (which you may know as the butt of several jokes in the TV series South Park), and has nothing to do with Swift Transportation.