Lowe's Cos. Gives Prestigious Service Award to Swift for the Second Time in Two Years

By: Bubbajunk.com

PHOENIX--(BUSINESS WIRE)--March 7, 2005--Swift Transportation Co. Inc. (NASDAQ: SWFT) is proud to announce that it has been awarded the prestigious 2004 Truckload Van Carrier of the Year by Lowe's Cos. for the second time in two years.

The criteria evaluated to determine this important honor included Swift's available capacity, competitive pricing, reliable service, ease of doing business, scope of participation in Lowe's overall business, use of technology, invoicing accuracy, and attention to details. Feedback from Lowe's operational team is also a significant consideration. Only carriers providing service levels of 99.2 percent or better are considered for this award.

"Lowe's is pleased to recognize Swift Transportation as our 2004 Truckload Van Carrier of the Year," said Kevin Perry, Lowe's Cos. director, Truck Load Transportation. "Swift Transportation has consistently achieved our performance expectations, and their commitment to supporting Lowe's has allowed us to better service our customers with in-stock merchandise."

"On behalf of all of the 22,000 hard-working employees and owner operators of Swift, we want to thank our long-time partner Lowe's Cos. for this award," said Jerry Moyes, Swift chairman and CEO. "All of us at Swift focus on on-time delivery and safety and this important award is a tribute to all the efforts of my fellow employees."

Swift Transportation Co. Inc. is a truckload carrier headquartered in Phoenix. Swift operates the largest fleet of truckload carrier equipment in the United States with regional operations throughout the continental United States. The principal types of freight transported by Swift include retail and discount department store merchandise, manufactured goods, paper products, non-perishable food, beverages and beverage containers and building materials.

Lowe's Cos. Inc. is a FORTUNE 50 company that serves approximately 10 million customers a week at more than 1,075 home improvement stores in 48 states. In 2004, FORTUNE named Lowe's America's Most Admired Specialty Retailer for a second consecutive year. Based in Mooresville, N.C., the 59-year-old company is the second-largest home improvement retailer in the world.