Monday, February 25, 2008
Swift Transportation is Not the Target of Drivers License Investigation

Phoenix, AZ – February 25, 2008 – Swift Transportation Co., Inc. ("Swift" or the “Company”) has been informed by law enforcement officials that the company is NOT the target of an investigation by Federal and State law enforcement agencies. These agencies were on site at the Swift Transportation commercial truck-driving school near Memphis, TN today and executed search warrants as part of an on-going investigation that involves the issuing of Commercial Drivers Licenses (CDL) at the company’s facility in Memphis, TN. Swift indicated that these investigations will cause no disruptions to their business. Dave Berry, spokesman for Swift Transportation said, “The Federal Bureau of Investigation (FBI) and other agencies, are conducting an investigation concerning the issuance of commercial drivers licenses at our Tennessee facilities. According to the U.S. Attorney’s Office in charge of the investigation in Tennessee and the FBI, Swift is not a target of the investigation. We do not expect this investigation to cause any disruption of our business and we intend to fully cooperate with the FBI and any investigating agency.” Swift Transportation Co., Inc, a truckload carrier headquartered in Phoenix, Arizona, is a subsidiary of Swift Corporation. Swift’s trucking subsidiary operates the largest fleet of truckload carrier equipment in the United States consisting of 19,200 tractors, 49,000 trailers and 5,800 intermodal containers. Operating from 31 major terminals in 26 states and Mexico, Swift Transportation provides strong, regional operations, an expanding intermodal division, and various specialty and dedicated services to its customers while focusing on safety and service through its 25,000 employees and independent contractors. Contact: Dave Berry Office: 623 907-7402

Thursday, May 24, 2007
Swift Receives Awards for New Intermodal Business; Orders Additional Intermodal Equipment for Fleet Expansion

Phoenix, AZ – May 24, 2007 -- In the month of May, Swift Transportation Co., Inc. received several new awards from key customers for intermodal business that are anticipated to provide over $70 million in revenue on an annual basis. Jerry Moyes, Chairman, President, and Chief Executive Officer of Saint Corporation (name change to Swift Corporation pending), the holding company of Swift Transportation Co., Inc., stated, “We are pleased with these new awards and believe that intermodal is an exciting growth opportunity for us.” Swift entered the intermodal container-on-flat-car business in 2005 and is starting to see the momentum build. Intermodal, which involves transporting freight using the combination of rail and truck, allows Swift to offer a full suite of services to its customers including traditional line-haul, dedicated, brokerage, and cross-border services into Canada and Mexico. Moyes continued, “Our customers’ positive response to our comprehensive transportation portfolio is contributing to this growth.”
Given these new awards, Swift has placed orders for 750 additional 53’ state-of-the-art steel intermodal containers. Delivery is expected to be in time for the peak shipping season and will supplement its existing modern fleet of 5,000 containers. Swift maintains an option to purchase an additional 2,000 containers this year. Each of the containers in its fleet is being equipped with satellite tracking, a unique feature in the industry allowing for better utilization while improving security and service to its customers.

Wednesday, May 23, 2007
Jerry Moyes Completes Acquisition of Swift Transportation

PHOENIX, May 10 /PRNewswire/ -- Jerry Moyes today announced that Saint Corporation, a corporation formed by Mr. Moyes and certain related parties, has successfully completed the acquisition of Swift Transportation Co., Inc. (Nasdaq: SWFT - News). Mr. Moyes is the founder, and former Chairman of the Board and CEO, of Swift. As previously announced on January 19, 2007, Saint entered into a definitive agreement with Swift to acquire all of the outstanding shares of Swift common stock for $31.55 per share in cash, including the assumption of approximately $332 million of net debt, valuing the all-cash transaction at approximately $2.6 billion, or approximately $3.6 billion counting the Moyes family's rollover of their Swift investment and their contribution of Interstate Equipment Leasing. "I am extremely pleased to have successfully completed the acquisition of Swift," said Jerry Moyes. "I am confident that as a private company, Swift will be better positioned to operate in today's highly competitive trucking industry. Our customers will continue to receive the high-levels of service that they have come to expect from Swift, as our commitment to serving their needs remains steadfast. I am confident that together with the 25,000 hard working and dedicated Swift employees and independent contractor drivers, we will build upon Swift's unique legacy and further position this great company for continued growth and success. I want to thank Swift's customers, stockholders and employees for their support throughout this process."

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PHOENIX (AP) -- The founder of Swift Transportation Co., one of the nation's largest trucking companies, on Thursday said he has completed the purchase of his former company for $2.6 billion.