Swift Just Bought Central

Yes, you read that right. I just got a message across my Qualcomm about 20 minutes ago announcing the sale, and confirmed it with an article from the Wall Street Journal. Apparently Jerry Moyes paid himself $189 million cash to fold the two companies together. There weren't any details on operational changes in either the WSJ article or Qualcomm message, so I have no idea what, if anything, is going to happen there. I do find it slightly amusing that the rumors that have persisted for years about Swift owning Central are now actually true though.

Here's a link to the WSJ article if anyone's interested. Swift Transport Buys Central Refrigerated

I wonder what this means for prospective people looking to get hired by swift.

It means nothing Kevin, don't even give it a thought. It will be business as usual at Swift. Trucking companies make acquisitions fairly often and it usually isn't even realized by the drivers.

Well thats a relief because swift is one company I am looking at.

If I were a Central employee or prospective employee, I would be more concerned about what the future held than if I were a Swift employee or prospective employee concerning this issue.

I was waffling between Central and Prime, but now it seems I have more incentive to run with Prime...

I was waffling between Central and Prime, but now it seems I have more incentive to run with Prime...

No, don't think that way. That's just "big business". It won't mean a thing in the end. Big corporate guys move money around and change infrastructure all the time. There are so many unknown backroom deals in the trucking industry - people would be shocked to know how that stuff works. Ignore it.