Everything you need to know about Swift Transportation's record of safety
Any business, large or small, exists primarily to make money and keep shareholders happy. Part of making money is protecting that money. Trucking companies like Swift retain attorneys for the sole purpose of protecting their brand image and cash flow in the event of an accident. That means that the victims of accidents caused by a commercial truck driver's negligence often feel like the deck is stacked against them, which is where we at Grossman Law Offices come in.
Questions Answered on this Page:
- How many trucks does Swift Transportation operate?
- How many crashes have Swift Transportation trucks been involved in over the last 2 years?
- What do I need to do if I am injured by a Swift Transportation driver?
A Brief History of Swift Transportation
In 1966, the Moyes family started Common Market, a transportation services organization that dealt primarily with smaller operations. As Common Market grew, they purchased Swift & Company's trucks, and as a result decided to change their business's name to Swift Transportation, so as to reflect the new holdings. From there, Swift as we know it was born, and, in less than two short decades, the motor carrier went from a minor player to a multi-million dollar organization.
Through an initial public offering, buying out many other companies, and expanding its services to Mexico, Swift Transportation has become the largest publicly traded truckload business in the country, with revenues in excess of $4 billion in 2016. That makes Swift Transportation the 7th-largest trucking company in the United States.
Swift Transportation's Fleet Profile
Swift Transportation operates 15,898 trucks and employs 20,530 drivers. That fleet transports everything from foodstuffs to raw materials for industry. In the most recent year, Swift drivers combined drove over 1.8 billion miles, or the distance between the Sun and Uranus.
Between 2016 and 2018, Swift Transportation drivers were involved in 2218 crashes. Of those, 66 resulted in a fatality, while 642 more had injuries. While any company that is driving the equivalent of interplanetary distances is bound to have collisions, Swift Transportation trucks have more fatal crashes, injury wrecks, and overall collisions per mile than UPS, even though Swift trucks travel 800 million fewer miles in any given year.
Litigating Against Swift Transportation
Each one of Swift's more than 2200 accidents is a potential legal case. This isn't to say that Swift is responsible for all of those accidents, which would defy common sense, only to point out that Swift has more experience than most companies at litigating truck accident claims.
Given the volume of potential claims against Swift, they have the potential to eat up Swift's profit margin in a hurry. Paying the bare minimum that they can legally get away with isn't a matter of increasing profits like it is with other companies, but a survival strategy.
That may partially explain why Swift currently holds a $5 million insurance policy on each of its drivers, which far exceeds the $1million minimum required by most states. A general rule of thumb is that the more money is at risk, the harder a company fights. So while there are benefits to companies that insure for more than the law requires, it can also mean that victims have a tougher time getting what they need to put their lives back on track.
Grossman Law Offices Cuts Trucking Companies Down To Size
I don't mean to paint too pessimistic a picture of the obstacles victims face when they've been injured or lost a loved because of a crash that a Swift driver caused. The point of my discussing these issues isn't to make it seem like Swift is unbeatable, but to drive home the fact that they have more experience resolving these kinds of legal issues in their favor than most companies.
If you have an experienced adversary, it only makes sense to find an advocate of equal experience. For almost 3 decades, Grossman Law Offices has labored on behalf of hundreds who have suffered a loss at the hand of a commercial trucking company.
If you or a loved one were involved in an accident involving a Swift vehicle, or you're interested in getting more information, call us at (855) 326-0000. All consultations are free, confidential, and we're ready to talk 24/7.
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