Exhibit 99
SLIDE 1
Swift Transportation
SLIDE 2
$2.5 Billion in 2003 (Projected Revenues)
SLIDE 3
Critical Components Of The Plan
* Drivers
* Sales
* Facilities
* Management Team
* Capital
* Information Systems
SLIDE 4
Competitive Strengths
* "Broken record"
* Ability to recruit and train qualified drivers
* Low operational cost
* Motivated sales force
* Terminal network promotes entrepreneurial spirit
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SLIDE 5
Swift Game Plan 2000
No "Hail Mary" Passes, Just Simple Blocking and Tackling
[Slide contains football graphics]
SLIDE 6
Swift Has An Abundance of Growth Opportunities
* Growth with Existing Accounts
* Growth with New Accounts
* Private Fleet Outsourcing
* Opportunistic Acquisitions
SLIDE 7
Growth In Customer Revenues
2000 vs. 1999
-------------
Top 5 Customers +26.5%
6-10 Customers +12.3%
11-15 Customer +55.6%
16-25 Customers +35.1%
26-50 Customers +37.8%
Top 50 In Total +23.8%
SLIDE 8
Mix of Top 50 Customers: Year 2000
Retailers: 46.2%
Manufacturing 19.1%
Paper Products 14.2%
Grocery Products 10.7%
Logistics 7.5%
Building Materials 1.0%
Beverage & Beverage Container 1.4%
2
SLIDE 9
Swift Provides Regional Service On A Nationwide Basis
[Slide contains a map indicating the Swift terminal locations.]
SLIDE 10
Swift's Terminal Network Enables . . . .
* Local Market Presence
* Rapid Response to Changing Customer Needs
* "Core Carrier" Trucking Services to Multi-Regional and
National Shippers
* Enhanced Driver Recruitment and Retention
* Reduced Fuel Costs
* Expedited Maintenance
SLIDE 11
Financial Review
[Slide contains graphics of a Swift tractor-trailer.]
SLIDE 12
Heating Oil Futures
Dollars Per Barrel (As of February 1, 2001)
3
[Heating Oil Futures are standardized, transferable, exchange-traded contracts
that require the delivery of diesel fuel at a fixed price on a specified future
date. Heating Oil Futures are used by some diesel fuel purchasers as risk
management vehicles to limit their exposure to future increases in the price of
diesel fuel.]
March 2001 $0.8224
April 2001 $0.7936
May 2001 $0.7696
June 2001 $0.7551
July 2001 $0.7486
August 2001 $0.7481
September 2001 $0.7526
October 2001 $0.7571
November 2001 $0.7616
December 2001 $0.7656
January 2002 $0.7636
February 2002 $0.7521
March 2002 $0.7286
April 2002 $0.7046
May 2002 $0.6811
June 2002 $0.6681
SLIDE 13
National Fuel Index
[The National Fuel Index is a measure of the average price (in dollars per
gallon) of diesel fuel in the United States. This slide contains a bar graph
that illustrates fluctuations in the National Fuel Index from slightly under 1
in January 1999 to slightly below 1.6 in December 2000.]
SLIDE 14
4th Quarter & Year
10-1 to 12-31, 10-1 to 12-31, 1-1 to 12-31, 1-1 to 12-31,
2000* 1999* % change 2000* 1999 % change
----- ----- -------- ----- ---- --------
Revenues $330.0 $284.3 +16.1% $1,258.7 $1,016.2 +18.6%
Operating Income $20.1 $30.7 $99.7 $116.4
Net Earnings $10.1 $18.5 $52.6 $66.8
Earnings Per
Share $.16 $.28 $.82 $1.02
Operating Ratio 93.9% 89.2% 92.1% 89.0%
*Unaudited
4
SLIDE 15
Revenues
In Millions
23.4% Compound Annual Growth Rate
1991 $ 190
1992 $ 233
1993 $ 277
1994 $ 366
1995 $ 458
1996 $ 562
1997 $ 714
1998 $ 873
1999 $1,061
2000* $1,259
*Unaudited
SLIDE 16
Revenue Growth
1990-91 21.8%
1991-92 22.6%
1992-93 18.7%
1993-94 32.1%
1994-95 25.2%
1995-96 22.7%
1996-97 26.9%
1997-98 22.4%
1998-99 21.5%
1999-2000* 18.6%
*Unaudited
SLIDE 17
Net Earnings
In Millions
1991 $ 6.5
1992 $ 9.8
1993 $12.3
1994 $22.6
1995 $23.0
1996 $27.4
1997 $41.6
1998 $55.5
1999 $66.8
2000* $52.6
*Unaudited
5
SLIDE 18
Earnings Per Share
In Dollars
1st Quarter*
1996 .04
1997 .10
1998 .14
1999 .19
2000 .17
2nd Quarter*
1996 .12
1997 .16
1998 .21
1999 .27
2000 .26
3rd Quarter*
1996 .16
1997 .20
1998 .24
1999 .29
2000 .24
4th Quarter*
1996 .15
1997 .18
1998 .25
1999 .28
2000 .16
Yearly Total
1996 .47
1997 .64
1998 .85
1999 1.02
2000* .82
*Unaudited
6
SLIDE 19
Operating Ratio
As of 12/31 except as noted
1991 93.1
1992 92.2
1993 92.1
1994 88.8
1995 89.9
1996 90.5
1997 89.6
1998 88.7
1999 89.0
2000* 92.1
*Unaudited
SLIDE 20
Debt To Total Capitalization
As of 12/31 Except As Noted, Including Operating Line
1993 28.1%
1994 45.7%
1995 40.5%
1996 18.3%
1997 22.6%
1998 30.5%
1999 30.0%
2000* 39.6%
*Unaudited
SLIDE 21
Strong Financial Position
In Millions
As of December 31, 2000
Total Debt (Including Operating Line)* $286.6
Equity* $436.7
Total Capitalization* $723.3
Debt to Capital Ratio* 39.6%
*Unaudited
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SLIDE 22
Our Mission
Our fundamental objective is to provide Total Satisfaction to our
employees, customers and shareholders.
Our Goal . . .Continuous Improvement
SLIDE 23
Our Pillars Of Success
* Customers
* Employees
* Safety
* Equipment
* Financial Stability
SLIDE 24
[This slide contains graphics of a scale with a person outweighing
tractor-trailers.]
SLIDE 25
New Truck Orders
January 1999 9,731
February 1999 26,078
March 1999 30,051
April 1999 20,312
May 1999 24,163
June 1999 26,019
July 1999 19,202
August 1999 16,450
September 1999 18,706
October 1999 17,117
November 1999 16,618
December 1999 10,956
January 2000 17,643
February 2000 13,699
March 2000 11,565
April 2000 11,500
May 2000 9,942
June 2000 14,172
July 2000 8,736
August 2000 11,850
September 2000 11,302
October 2000 9,844
November 2000 8,422
December 2000 9,902
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SLIDE 26
Industry Challenges
* Economy
a. Consumer Confidence
b. Disposable Income
* Fuel
* Drivers
* Used Truck Values
* Insurance
SLIDE 27
[This slide contains an article written by Howard S. Abramson entitled "Trucking
Faces Upheaval From Used Truck Glut, Hebe Says". The article was printed in the
January 29, 2001 edition of TRANSPORT TOPICS.]
SLIDE 28
[Abramson, Howard. "Trucking Faces Upheaval From Used Truck Glut, Hebe Says."
TRANSPORT TOPICS. January 29, 2001. (Continued).]
SLIDE 29
The Swift Advantage
Industry Challenge Swift Advantage
------------------ ---------------
Freight Demand growth with existing customers and
cross selling MSCA Customers
Used Truck Market guarantee return agreements
Fuel Prices terminal fuel: $.05 to $.08 per gallon
cheaper and strong surcharge program
Credit Squeeze strong balance sheet
Insurance significant savings for health and
liability following combination with
MSCA
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SLIDE 30
Pending MSCA Merger*
* Closing anticipated last of Q2
* Integration faster than expected: 1/1/02
* Revenue synergies remain intact from cross-selling and
growth in international business
* Cost synergies accelerated to 2002
* Transplace ownership 30% (pre-employee dilution)
*Subject to conditions, including Hart-Scott-Rodino and stockholder approval
SLIDE 31
State of the Industry
* Tough Trucking
* Record Trucking Company Failures
* Expecting Depressed 1H 2001 earnings
* Opportunity for Well-capitalized survivors:
- Eliminate competitors
- Eliminate excess capacity of trucks from market
- Increase driver availability
SLIDE 32
Swift Transportation
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