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Jerry Moyes & family

Jerry Moyes & family

J. family
0.65% | + $13.94M
$2.18 B ₹ 19,791 Cr
Real Time Net Worth #1909 Ranking as of 21 Feb 2026 By Forbes

More on Jerry Moyes & family

Gender

Male

Age

82Y

Country

United States

Born On

January, 1944

Deceased

No

Relationship Status

Married

Children

10

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Trucking)

Primary Organization

Swift Transportation

Titles

Founder

Sources of Wealth

Swift Transportation

Industry

Transportation, Logistics

About Jerry Moyes & family


J erry Moyes is a self-made American billionaire who built his fortune in the trucking and logistics industry. He is the founder and former CEO of Swift Transportation, which he built from a single truck into one of the largest trucking companies in North America. His is a classic story of entrepreneurial grit and ambition.

He grew Swift Transportation through a highly successful strategy of acquiring smaller trucking companies. He took the company public, then took it private in a leveraged buyout, and then took it public again. In 2017, Swift merged with its rival, Knight Transportation, to form the publicly traded giant, Knight-Swift Transportation. In addition to his core trucking business, he has also had significant interests in other transportation companies and was the former owner of the NHL's Phoenix Coyotes. His career has also been marked by controversy, including an SEC investigation for insider trading.

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Quick Reads


  • Founder of the trucking giant Swift Transportation.
  • A self-made billionaire who built his company from a single truck.
  • His company merged with Knight to form the industry leader Knight-Swift.
  • He is the former owner of the NHL's Phoenix Coyotes.
  • His career has been marked by both great success and controversy.

Early Life and Background


Jerry Moyes is an American businessman, the self-made billionaire Founder, former Chairman, and former CEO of Swift Transportation, one of the largest trucking companies in the United States. Born in Plain City, Utah, in 1944, his career is rooted in logistics and transportation. His entrepreneurial journey began in 1966 when he founded his first trucking company, Common Market, with one truck given to him by his father.

Moyes is a graduate of Weber State College, where he attended the John B. Goddard School of Business & Economics. His philosophy centers on aggressive acquisition, operational efficiency, and high-volume logistics to dominate the essential transportation supply chain.

  • Swift Transportation (Founder & Former CEO): The core asset, one of the largest trucking companies in the United States (grew to $250 million in revenue by 1990).
  • Logistics Empire: He successfully acquired numerous other trucking companies (e.g., East-West Transportation, Missouri-Nebraska Express, Navajo Shippers) to consolidate the industry.
  • Diversification: He owns the charter airline Swift Air and the FBO Swift Aviation at Phoenix Sky Harbor International Airport.
  • Sports Ownership: He owned the Arizona Coyotes (NHL) from 2006 until 2009.

Career Journey of Jerry Moyes & family


Jerry Moyes's strategic genius was his aggressive consolidation strategy in the trucking industry. He founded Common Market in 1966 after a client suggested he move his business to Phoenix. In 1972, Common Market merged with Swift Transportation, taking the latter's name. Under his leadership, the company rapidly expanded through acquisitions, becoming the largest trucking company in the United States.

His structural contribution is tied to the successful industrialization of the trucking and logistics sector. He briefly owned the Arizona Coyotes (NHL) from 2006 to 2009. He stepped down as CEO in 2016 but remains a major investment figure, controlling SME Steel Contractors Inc. and the LTL freight carrier Central Freight Lines. His wealth is secured by the colossal, long-term, stable profitability of the global logistics and transportation sector.

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Jerry Moyes & family's Timeline


1966:

Founds his first trucking company, Common Market, with one truck (Founding).

1972:

Common Market merges with Swift Transportation (Corporate Consolidation).

1990:

Swift Transportation achieves $250 million in revenue (Financial Milestone).

2006–2009:

Owns the Arizona Coyotes (NHL) (Sports Diversification).

2016:

Stepped down as CEO of Swift Transportation (Executive Transition).

Ongoing:

Continues as Founder and controlling owner of Swift Air and SME Steel Contractors (Executive Oversight).

Major Business Ventures and Investments


Jerry Moyes's wealth is concentrated in the capital generated from the Swift Transportation sale/merger and his private industrial and aviation assets.

  • Swift Transportation (Founder & Former CEO): The core asset, one of the largest trucking companies in the United States (grew to $250 million in revenue by 1990).
  • Logistics Empire: He successfully acquired numerous other trucking companies (e.g., East-West Transportation, Missouri-Nebraska Express, Navajo Shippers) to consolidate the industry.
  • Diversification: He owns the charter airline Swift Air and the FBO Swift Aviation at Phoenix Sky Harbor International Airport.
  • Sports Ownership: He owned the Arizona Coyotes (NHL) from 2006 until 2009.

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Philanthropy and Social Impact


Jerry Moyes's social impact is structural, stemming from Swift Transportation's role as a massive employer (thousands of employees) and a foundational provider of essential supply chain and logistics services for the U.S. economy. His companies contribute significantly to the stability and efficiency of goods distribution.

His personal philanthropy supports various community and educational initiatives. His career is a testament to the profitability of disciplined logistics consolidation and the successful industrialization of the trucking sector.

Fashion, Style, and Lifestyle


Jerry Moyes maintains the professional, pragmatic style of a transportation executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects stability and immense corporate authority, blending his logistics background with his high-stakes aviation and industrial holdings.

Residing in Phoenix, Arizona, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to logistics management, industrial acquisition, and the long-term stewardship of his transportation empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder of Swift Transportation, one of the largest trucking companies in the U.S..
  • He started his first trucking company with one truck given by his father.
  • He owned the Arizona Coyotes (NHL) from 2006 to 2009.
  • He owns the charter airline Swift Air and Swift Aviation.
  • His family has 10 children and 10 grandchildren.
  • His wealth is tied to the successful consolidation of the U.S. trucking industry.
  • He is the controlling owner of SME Steel Contractors Inc. (Utah steel erector company).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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