Swift-M.S. Merger to Have Little Impact on Transplace
The two companies now combine to own 30% of the Transplace.com. The new Swift-owned entity supplants J.B. Hunt () as the largest shareholder in Transplace.
Jerry Moyes, president of Phoenix-based Swift, said he did not believe there would be any changes to Transplace as a result of the merger. Transplace is headquartered in Plano, Texas. Jun-Sheng Li, who had been a J.B. Hunt official, is its president.
Besides M.S. Carriers, Swift and J.B. Hunt, Transplace consists of the logistics operations of Covenant Transport (), U.S. Xpress () and Werner Enterprises ().
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For the full story, see the Dec. 18 print edition of Transport Topics. .